Record Details

MUTUAL FUNDS IN INDIA–CHANGES AND CHALLENGES

Journal of Research in Commerce & Management

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Field Value
 
Title MUTUAL FUNDS IN INDIA–CHANGES AND CHALLENGES
 
Creator Mukund Deshpande, .; 14/2,Yusuf Palace, Mumbai 400 016
 
Subject AMC, UTI, Investor, Fund House, Investments, Schemes, Fund Managers, ETFs, Fees
 
Description Mutual Funds mobilize the hard earned resources of the small investor to deploy the same in a diversified portfolio incorporating various industries.  The history of mutual funds in India can be broadly divided into five distinct phases First Phase - 1964-1987(formation of Unit Trust of India, Second Phase - 1987-1993 (Entry of Public Sector Funds) Third Phase - 1993-2003 (Entry of Private Sector Funds) Fourth Phase - February 2003 to APRIL 2014(following the repeal of the Unit Trust of India Act,1963} and Fifth (Current) Phase – Since May 2014. Mutual funds, being the part of financial system, which is witnessing far reaching changes today, shall have to make changes in their policies and approaches in order to survive and grow. With competition going up in India and most fund houses offering the same bouquet of products to the investors, product differentiation could take center stage going forward. To effectively tide over the challenges, fund houses will have to expand their cost budgets which may put pressure on margins in the short run. They will have to find effective solutions to newly emerging challenges. Lot of changes of the day has set the target before Fund Houses to accept the challenge of making mutual fund investments more popular and investor friendly in India.
 
Publisher Abhinav-National Monthly Refereed Journal Of Research In Commerce & Management (Online ISSN 2277-1166)
 
Contributor
 
Date 2017-09-01
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://abhinavjournal.com/journal/index.php/ISSN-2277-1166/article/view/1463
 
Source Abhinav-National Monthly Refereed Journal Of Research In Commerce & Management (Online ISSN 2277-1166); Vol 6, No 8 (2017): Abhinav-National Monthly Refereed Journal Of Research In Commerce & Management (Online ISSN 2277-1166) UGC approved; 183-188
2277-1166
 
Language eng
 
Relation http://abhinavjournal.com/journal/index.php/ISSN-2277-1166/article/view/1463/pdf_331
 
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