Mutual Fund Industry in India - An Empirical Analysis
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Abstract
The purpose of this study is to examine the growth in the Indian Mutual Fund industry. The data used for the study is secondary. The first part sets out the introduction and Evaluation of the mutual fund industry and various regulatory drives taken by the Securities and Exchange Board of India (SEBI). The part second discusses the resource mobilization by the Indian mutual fund industry and how the industry build-up with the intercontinental mutual fund industry. The last part of the current study provides some concluding observations, that the mutual fund industry in India is maturing with the largescale investors and increasing geographical area. While the penetration of the mutual fund industry in India, as measured by the Assets Under Management (AUM)/GDP ratio, is still low compared with the global average.
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