As a result, the popularity of the mutual funds is limited to big towns and cities i.e. the places outside the metropolitan area are yet to be fully tapped by the industry. A significant portion of the country’s population lives in these areas. It is important that the mutual funds target this section of investors if it has to raise the profitability margins. This can help the industry to penetrate into the unexploited markets in the country. If the industry can reach out to the wider audience then this give a significant boost to the growth and development of the mutual funds in the country.
On the other hand Indian mutual fund segment has largely been product led-and not sufficiently customer focused with limited focus being accorded by players to innovation and new product development. Further there is limited flexibility in fees and pricing structures as reported by interviewees in our study in 2009. It is important that if the funds desire to achieve a robust growth they should design their policies as per the needs of the customer. The diversified population of the country comprising of the retired individuals, high income groups, middle income groups, etc make it necessary to have the funds as per the requirements of the related group. For example the investment objective of a retired individual is not the same as that of the high income group. The former requires a regular flow of cash and is happy with stable returns while the latter is risk averse and desires high returns by taking high risks. By designing the funds as per the investment needs of the investors the industry can cater to the various sections of the society. This will make it popular across all the income classes.
Mutual funds are investment schemes that are managed by professional experts. These financial instruments have become extremely popular on account of some inbuilt advantages. Initially investment in high value stocks ...
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“Evolution and Growth of Mutual Fund in India Essay”, n.d. https://studentshare.net/miscellaneous/396059-evolution-and-growth-of-mutual-fund-in-india.
The Appellant Yu on behalf of himself and others, appeals the judgment given by the United States District Court Southern District of New York on 31st March 2011 in favor of the Respondent State Street Corporation. On appeal, the Appellant argues that the court erred in denying the Appellant’s claims against the Respondent pursuant to Sections 11 and 12 of the Securities Act of 1933 in that the Appellants had failed to prove loss causation within the meaning of Section 10(b) of the Securities Act 1933.
Considering these factors foreign banks in the country have largely focused on the high net worth clients however, some banks like Barclays have deliberately chosen the strategy of catering to the low income level segment of the country.. It is also critical to understand that India’s banking sector is still heavily regulated as throughout its history, India’s banking system remained closed for the foreign banks.
Picking and choosing mutual funds however, is left with the investors and investors have to apply certain criteria in order to pick those funds which can provide highest returns considering the risk profile of an investor. Further, an investor will also have to decide as to what percentage of available funds is to be allocated to each of the asset to be purchased.
Mutual Funds Introduction With the increasing risk of the financial markets brought on by the American recession and the European Sovereign Debt Crisis investors have increasingly looked to safe havens for their money. One of the most prominent and conservative means of investment diversification has been the mutual fund.
With nearly 1 billion citizens, India is the second most populous nation in the world. It is impossible to speak of any one Indian culture; although there are deep cultural continuities that tie its people together. Few countries in the world have such an ancient and diverse culture as India's.
Basically we define each of them so that understanding of the whole concept of mutual funds become much easier. So a stock represents shares of ownership in a public company. Few of the companies which can be called public companies are Accenture, IBM and Ford etc.
Second. Their role in the global economy. China and India are regarded widely as emerging global superpowers. For the past two decades, both India and China have registered rapid, even double digit increases in their gross domestic product (GDP).
rs of the Indus Valley expressed versatility of knowledge in mathematics, engineering, writing, sculpture, painting, architecture, government, and even industrial works.
One key factor may be drawn from the attributes of the inhabitants such as the Aryans who drove the
e drawn from ancient civilisations, and this is important since the contemporary society can learn from the way that ancient civilisations were managed, and consequently modify and implement these gains for the benefit of all. To this end, India has a rich history that holds
5 Pages(1250 words)Essay
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