Trend and Growth of Mutual Fund Industry in India

ABSTRACT The authors made an attempt to study the trend and growth of mutual funds industry in India taking into account selected performance indicators viz., sector-wise and scheme-wise. Assets Under Management (AUM), net resource mobilized and net investment of equity/debt market by mutual fund industry in the stock market for the period of seven year 2001 to 2007. The study concludes that the entry of private sector mutual funds, this industry is posed for tremendous growth. No doubt, mutual funds which have a major role in mobilizing the savings of the small investor