Analysis the growth of mutual fund industry in India over the years: A study

Now a day mutual funds industry can play a vital role for economic development in India. Mutual fund is a trust that pools the savings of a number of investors who share a common financial goal. Anybody with an investible surplus of as little as a few thousand rupees can invest in mutual funds. There is requirement for achieving growth in this sector. The growth has been entered in this sector after LPG (liberalization, privatization, globalization) come into the economy of our country. Growth of Indian mutual funds is presented by five parameters which were Asset under Management Resource, Mobilization by Private and Public sector, Trends in transactions on stock exchanges by mutual funds, Scheme-wise resource mobilization, Number of Schemes and folios. Positive growth has come to this sector all this is also happening because of investor education initiatives run by the industry and AMFI across the country. This paper is trying to analysis the growth of mutual fund industry in India over the years.