Regulatory Issues in Indian Mutual Fund Industry Essay
It compares the sector globally and highlights important issues related to the, on this basis, the Securities and Exchange Board of India SEBI. In this blog, we explore the trends and insights shaping the future of mutual funds in India. According to the AMFI of the Association of Mutual Funds in India, the assets under management of the mutual fund industry stood at ₹ 40. US 536. from. This indicates a steady increase in penetration. Ultimately, the mutual fund industry had assets under management of Rs. 47. 8.3. Third Phase - 1993-2003 Entry of Private Sector Funds The entry of private sector funds began a new era in the Indian mutual fund industry, providing Indian investors with a wider choice of fund families. The establishment of the Unit Trust of India marks the beginning of the mutual fund industry in India. Throughout the period, UTI led the way. the company unveiled its flagship plan, which attracted public attention for its guaranteed returns and safety. This initial phase mainly served as a basis for mutual, it is estimated that there will be. registered mutual fund investors in india as. households with an annual income of more than lakh per year. The number of investment funds offered, compared to previous years, is also increasing exponentially. Direct mutual fund plans were introduced to help informed and market-conscious investors buy directly from mutual funds and thus save brokerage commissions or distribution costs. . The direct plans have a lower expense ratio and a higher net asset value, giving investors better returns. Immediate plans have made significant progress, with Abstract in general. Mutual funds are a professionally managed type of collective investment scheme that pools money from investors and invests the money raised in bonds and short-term money market instruments..