Mutual Funds-

The Uprising!

What is Mutual Fund???

SEBI (Mutual Funds) Regulations 1993, define Mutual Fund as follows

“a fund established in the form of a trust by a sponsor to raise monies by the trustees through the sale of units to the public under one or more schemes for investing in securities in accordance with these regulations”.

Types of Mutual funds???

Continued…

Present Scenario of MF in India…(Issues & Challenges)

37% household saving rate, Focus only on ‘A’ Class cities, Less Marketing, Technology, Lack of Investment Advisors, Link to global market, Limited Penetration.

Growth of MF sector…

UTI to SEBI, Increased number of players(44 approx.),Shift from close-ended funds to open-

ended funds,Entry of private firms,Substantial Returns,Change in investment environmentTransparency in operations,Stringent Regulations.

Work by SEBI

Issues Certificate,Uniform cutoff timings,No personal commissions,Control high expense ratio,Minimum 20 investors,Prior information about any mergers,AMFI.

Future of MF…

Following US pattern to grow, Bright future, 10-15% growth rate.

Reference

http://www.amfiindia.com/ http://crisil.com/capital-markets/crisil

-mf-ranking-list.html

Thankyou!