soniagillespie: Introduction To Investing : History Of Indian Mutual Fund Industry

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Introduction To Investing : History Of Indian Mutual Fund Industry

Introduction To Investing : History Of Indian Mutual Fund Industry

With the emergence of distinct productive avenues for investing, mutual funds have become one of the most popular investment options mutual fund is a simple investment product structured around the thought of risk mitigation by spreading investments in multiple channelsccording to Nielsen global survey of investment attitudes, mutual funds is one of the favourite investment options that ranked atop among the other assets like precious metals, stocks and bondsn this article, we will look at the history of the mutual fund industry which grew really successfully and helped massive number of investors produce wealth over the yearsntry of mutual cash in India (1963)The notion of mutual cash emerged in India in 1963 by the formation of Unit Trust of India (UTI) which is a watermark in annals of mutual fund marketplace in Indiautual cash were initiated by government and the Reserve Bank of India (RBI), with an aim to attract small investors and were focused mainly on investing fo ... [Read More - Introduction To Investing]

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