Economics, Econometrics and Finance
5 years ago

Indian Mutual Funds Lag Behind Global Competitors in Savings Channelization.

LAP LAMBERT Academic Publishing eBooks
Evaluation of Mutual Funds in India
Harmeet Kaur

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The Mutual Fund Industry in India has grown significantly since 1963, playing a crucial role in managing household savings. Despite this growth, India still lags behind other countries in financial savings. A study evaluated the performance of SBI Mutual Fund and ICICI Prudential Mutual Fund schemes to help investors choose the right investment. The total assets under management in India reached 23.26 trillion as of April 2018. The study also looked at factors influencing investor behavior towards mutual funds, especially in Jharkhand.