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Overview of Mutual Funds in India by ff is a document available to read on EtoBox.

What is Overview of Mutual Funds in India about?

The document provides an introduction and overview of mutual funds in India. It discusses: - UTI was the first mutual fund launched in India in 1963 and enjoyed monopoly until 1987 when other government funds launched. Private players entered in 1993. - A mutual fund pools money from investors and invests it according to a stated objective/strategy to generate returns. It allows small investors to participate in capital markets. - The main types of mutual fund schemes are open-ended, close-ended, inter

Author
ff
Language
EN

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