Mutual Funds: Types, Analysis & Legal Framework

With sophistication of financial markets, arose the requirement of a financial intermediary with required knowledge & professional expertise on successful investing. From successful investing stemmed the aim of mutual funds-building a portfolio to minimize risk & maximize returns. Hence, Mutual Funds are the most sought after investment option for investors. This paper highlights the types, structure of mutual fund along with regulatory bodies. It also consists of the practical recommendations while investing in mutual funds.