Sebi Rules and Regulations of Mutual Fund in India: A Study

Abstract: A Mutual fund is a pool of money managed and controlled by a professional fund manager on the behalf of investors. It is a trust that’s collects money from investors who share a common investment goal and invests the same in different securities or instruments like equities, bonds, money market instruments and other securities. Mutual funds are financial intermediaries which collect the savings of investors and invest them in a large and well diversified portfolio of securities as per the requirement of investors. Mutual funds provide an easy way for small investors to make long-term, diversified, professionally managed investments at a affordable cost and earn the return out of that investment. The study focuses on the different rules and regulations laid down in India to regulate the mutual fund and examine the various processes of mutual funds and also the regulations issued by SEBI for mutual fund scheme.