Mutual Fund: History, Future And Beyond

The Book tries to bring under one cover issues in mutual fund industry of India and try to summarize the essential needs of the mutual fund Industry. The Mutual Fund Industry, presently occupying an important position in Indian Financial System, is passing through a phase of greater competition with wide range of investors. The number of AMCs in Mutual funds is increasing. Their presence across India is expending. Distributors too are expanding their networks. Besides, the regulator has taken up measures to safeguard investor interests. These are all drivers for the Mutual Fund industry. In a way, this is leading to the design of new and competitively-priced products, implying greater emphasis on higher quality of intermediation. This in itself is both an opportunity and a challenge. As our economy continuous to grow at a spectacular rate the financial Planners of fund industry have an immensely responsible role to play by identifying these opportunities and channeling them into wealth creating initiatives that would enable people to adequately address their financial needs.