Public and Private Sector Mutual Funds : Investment Pattern
Contents: Preface. 1. Mutual fund an overview. 2. Public and private sector mutual funds. 3. Investment in mutual funds. 4. Market capitalization through mutual funds. 5. Performance assessment of mutual funds. 6. Overview of global mutual funds market. 7. Critical factor affecting investment pattern of mutual funds. 8. Concluding observation. Bibliography. Questionnaires.
The present study Public and Private Sector Mutual Funds : Investment Pattern covers all aspects and functioning of the Mutual funds in both these sectors.
Mutual Fund units are investment vehicles that provide a mean of participation in the stock market for people who have neither the time nor the money nor perhaps the expertise to undertake direct investment in equity successfully. The basic idea is simple: a large number of investors pool their money in order to obtain spread of professionally managed stock exchange investments that they cannot obtain individually.
Although the transparency of the Mutual Funds has considerably improved of late in the form of performance of the fund regular declaration of the NAVs net asset value the funds investment strategies and profiles which it provides to its investors in the monthly or quarterly fact sheets but quite often there are certain hidden information in the fact sheets which every investor must keep a track of for the investment purpose.
Thus Mutual Fund Industry gained momentum during late eighties in India and experience of developed countries indicate that this industry will also dominate Indian investment scene in future. It is acting both as saving mobilizer as well as provider of character and depth to the capital market. With growing institutionalization of public issues the retail investors are slowly being deprived of interacting in primary and secondary market forcing them to turn to mutual fund.
Mutual Funds are becoming a very popular form of investment characterized by many advantages that they share with other forms of investments. (jacket)
