Mutual Funds in India

FINANCE INDIA Vol. X No. 1, March 1996 Pagesâ€" 8591 common Fund In India: A Financial Service In Capital Market NALINI PRAVA TRIPATHY* ABSTRACT The Indian capital commercialise has been change magnitude tremendously during last few years. With the reforms of economy, reforms of industrial insurance constitution, reforms of public heavens and reforms of financial sector, the economy has been opened up and many developments nurse been taking place in the Indian money market and capital market. In order to help the small investors, uncouth fund industry has come to occupy an important place. The of import objective of this paper is to examine the importance and growth of shared funds and evaluate the opearned run averagetions of mutual funds and stir some measures to make it a successful scheme in India. INTRODUCTION According to Shakespeare out of this nettle, danger, we pluck this flower, safety. The frugal development model adopted by India in the post-independence era has been characterized by mixed economy with the public sector playing a dominating role and the activities in private industrial sector control measures emaciated from time to time. The industrial policy resolution was introduced by the government in the 1948, immediately afterwards the independence.

This outlined the approach to industrial growth and development. The industrial policy statement of 1980 focussed attention on the need for promoting disputation in the domestic market, technological upgradation and modernisation. A number of policy and procedural changes were introduced in 1985 and 1986, aimed at increasing productivity, reducing costs, improving quality, opening domestic market to increase competition and making free the public sector from constraints. Overall, in the seventh invent period (1985-86 to 1989-90), Indian industries grew by an impressive average yearbook rate of 8.5 percent. The last two decades have seen a phenomenal expansion in the geographical coverage and financial parcel out of our financial system. The spread of... If you want to get a ample essay, order it on our website: Ordercustompaper.com

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