The Indian Mutual Fund Industry

Abstract

Mutual fund industry: the reasons and the aims of the existence are numerous, but it is difficult to over evaluate its importance in modern world. Varying from satisfaction of mutual fund organizers’ and investors’ personal needs to the risks minimization and investments diversification in whole, mutual funds positively affect the economies functioning facilitating accumulation and further distribution of financial resources, their redirection to their best possible use. Thus, mutual fund industry, in some sense, precipitates perfect competition in other industries.