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

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.