Trends in Mutual Funds Schemes in India

These days, the “mutual fund industry” is among the most prominent. Finding the best course of action and investment option has become increasingly challenging due to the proliferation of investment opportunities. Our primary objectives in this paper are to comprehend the several key ideas surrounding mutual funds as well as to identify trends and patterns in the different mutual fund schemes available in India. According to the results of the current study, there is a tendency that is moving more people toward “open-ended schemes” than “closed-ended” ones. There is a downward trend in the expansion of close-ended schemes following the positive trend that lasted until the year 2015–16. Nonetheless, the rise of open-ended schemes was sluggish but steady, leading us to believe that in the future, “open-ended schemes” will continue to trend positively while close-ended schemes will continue to decline. Keywords: Mutual Funds, Reserve Bank of India, Open Ended Schemes, LIC, Close Ended Schemes.