A DESCRIPTIVE STUDY ON THE GROWTH OF MUTUAL FUND INDUSTRY IN INDIA

Mutual fund industry is one of the fastest growing investment industries amongst the others. Despite of this title of fastest growing industry and providing numerous benefits, so many investors still do not invest into mutual funds because of lack of awareness and knowledge. This research work will help the investors in knowing mutual fund in way better. This research has explore various important factors of mutual funds that investor must know before investing into mutual funds. It covers the history of the mutual fund industry, types of schemes and various authorities that are involved in working of mutual fund. It also describes various terminologies like diversification, SIP, loads, NAV and asset under management. This research will also provide brief details to potential investors about ways to invest into mutual funds. It also covers the growth of mutual fund industry in terms of its average asset under management. The research will provide sufficient information to investors to make themselves educate and aware in terms of investment.