Anmerkungen:
In: International Journal of Multidisciplinary Research and Development, Volume 3
In: Issue 1
In: January 2016
In: Page No. 01-13
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments January 10, 2016 erstellt
Beschreibung:
The uncertainty and volatility in the stock markets is a global phenomenon. The ever changing stock markets across the globe have always fueled jitters among the investors, particularly the small and medium investors. To protect the interest of the investors' financial innovations always take place in the financial markets. Financial intermediaries play a great role in financial innovation and protection of investors' interest. Mutual Funds have emerged as an important financial intermediary globally, particularly in India where retail investors represent 97.7% of the 4.70 core investor accounts. Mutual Funds protect the interest of the small investors not only from the downside market risk through the diversification of risks, but also provide the benefits from the upward market returns. It also plays a key role in the inflow of capital to the financial market. The present paper is divided into two parts; the first part studies the evolution of mutual funds in India and second part analyses the growth trend of the mutual funds industry in India