Scope of Mutual Funds in Global Scenario

Scope of Mutual Funds in Global Scenario: An Indian PerspectiveThe aim of getting higher income has always persuaded mankind to develop more and more avenues of investments.One of the financial innovations which really help the small investors to earn wealth is the concept and design of mutual funds. Earlier it is felt that the share or commodity trading is reserved for rich and elite. Any investor now big or small, retail or non retail can now participate and play his bets on almost any asset through the use of mutual funds. This book describes the history and the concept of mutual fund. It also discusses the important advantages, disadvantages and most commonly used classification of mutual funds. Mutual fund industry at the global level, in United States i.e. largest mutual fund market and India is suitably discussed. Structure, marketing and distribution of mutual funds in India are also discussed in relevant sections. In last, this book discusses justification of the study and finally concludes on purpose of study with prospective results &recommendations.