An Analysis of Growth and Penetration of Indian Mutual Fund Industry
Keywords:
growth, penetration, mutual fund, investmentAbstract
The mutual fund industry is one of the fastest growing industries in India. Mutual Fund is a professionally managed investment fund that pools money from many investors and invest it in stocks, bonds, short term money market instruments and other securities. Mutual fund enables investors to invest in a wide range of securities through a single platform. An attempt has been made in this paper to study the growth and penetration of Indian Mutual Fund industry for last 15 year i.e. March 2004 to March 2018. Assets under management and AUM-to-GDP has been analysed to study the growth and penetration of Indian Mutual Fund Industry during the study period.
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