Author(s): Sharmistha Acharyya
The mutual fund is considered as a readymade diversified portfolio available in the financial market. Mutual funds are able to gather a huge amount of the surplus funds available with the small investors within a short period of time. Mutual fund operation has become an integral part of the Indian financial market. Today numerous schemes launched to meet the diversified needs of investors are being offered by many institutions. The purpose of this paper is to overview the growth of mutual fund industry in India