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Mutual funds in india Grover Bhavna1, Prerna2 1Faculty of Commerce, Gcw, Jind 2Single Window Operator A Punjab National Bank, Jind Online published on 22 June, 2018. Abstract Mutual Fund companies are financial intermediaries providing financial services to small investors through mobilisation of funds, when the investors invest in a mutual fund they are buying shares or units of the mutual fund and become a shareholder of the fund. Mutual funds are one of the best investments ever created because they are very cost efficient and very easy to invest in. Thus the Rupee is generated in the form of big returns to promote financial excellence. The financial reforms and cut throat competition in the economic environment the mutual fund industry has opened new vistas to interested investors and imparted much needed liquidity to the Indian financial system. This paper studies the classification and growth of mutual funds in India. Top Keywords Mutual fund, net asset value, investment, asset management company. Top | |
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