A Comparative Study of Returns of Mutual Fund Schemes

A Mutual Fund is a trust that pools the savings of a number of investors who share a common financial goal. The money thus collected is then invested in capital market instruments such as shares, debentures and other securities. The income earned through these investments and the capital appreciation realized is shared by its unit holders in proportion to the number of units owned by them. Indian mutual fund has gained a lot of popularity from the past few years. UTI was the first concern to deal with mutual fund in India. Earlier only UTI enjoyed the monopoly in this industry but with the passage of time many new players entered the market, due to which the UTI monopoly broke down. Investments goals vary from person to person, some looks for returns only while the others give importance for safety. Mutual Fund Schemes are the most suitable investment for the common man as it offers an opportunity to invest in a diversified, professionally managed basket of securities at a relatively low cost Study was conducted to know the pulse of nation towards mutual funds after liberalization.