Abstract

The Indian mutual fund industry can now boast on that according to the Association of Mutual Funds in India (AMFI), with the total Asset Under Management (AUM) increasing from Rs.1,01,565 Crores in Jan 2000 to Rs.5,67,601.98 Crores by April 2008, the industry's growth has been nothing but exceptional. It has indeed come a long way from being a single player, single scheme (US-64) industry to having 34 players and more than 480 schemes. This research paper covers various aspect of mutual funds industry in India. Starting with the basic concept of mutual fund and its advantages it would give detail about the growth of mutual fund industry in India and its present scenario. It also throws some light on major mutual fund companies in India, the different types of mutual funds on the basis of structure, investment, load and schemes and also it covers the different phases of growth of mutual fund industry. Then it covers the calculation of NAV, the various investment plans, factor's that help in calculating the mutual fund performance.

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