Title: Analysis of Indian mutual fund market mechanism: present status and future perspectives

Authors: R.K. Maheshwari; Kavita Pandey

Addresses: Department of Applied Economics, Faculty of Commerce, University of Lucknow, Lucknow 226007, Uttar Pradesh, India ' Department of Applied Economics, Faculty of Commerce, University of Lucknow, Lucknow 226007, Uttar Pradesh, India

Abstract: Indian mutual fund industry (IMFI) offers a wide and large variety of mutual fund (MF) products for investment from different income groups. Although the IMFI has a lot of potential to play a key role in economic growth, there is not enough investment due to lack of knowledge and lot of myths. Here, we present the critically analyse the advances in the field of Indian MFs. In addition, the challenges related to IMFI are also identified and discussed. The paper enhances the understanding of Indian mutual funds to protect the interest of the investors and suggests the future perspectives in MFs field to increase the basket of Indian economy.

Keywords: mutual funds; resource management; Indian mutual fund industry; IMFI; investment planning.

DOI: 10.1504/IJICBM.2021.116121

International Journal of Indian Culture and Business Management, 2021 Vol.23 No.3, pp.263 - 289

Received: 22 Apr 2020
Accepted: 08 Jul 2020
Published online: 12 Jul 2021 *

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