ROLE OF MUTUAL FUND IN INDIAN FINANCIAL SYSTEM.

Investing in stock markets directly and making a profit is not everyone\'s cup of tea because of not having in-depth knowledge, up & down of share market and not availability of time. Therefore such task is best left to professional investors and fund managers, which is what Mutual Funds do. This paper is an attempt to understand the role of mutual fund in the Indian Financial System. This study was carried out on the mutual fund investors in India. The 110 respondents were collected as sample. The result shows that more than 50% of people are aware about the mutual funds, most of investors will prefer higher return factor before investing their money. The researcher also evaluate the performance of top ten mutual funds and found long term equity is considered to be best in terms of returns and risk factor