The present paper is an attempt to know about Mutual Fund, it’s various schemes and analyse the different risk factors involved. | A study of mutual funds International Journal of Management IJM Volume 8 Issue 3 May June 2017 219 Article ID IJM_08_03_024 Available online at http ijm JType IJM amp VType 8 amp IType 3 Journal Impact Factor 2016 Calculated by GISI ISSN Print 0976-6502 and ISSN Online 0976-6510 IAEME Publication A STUDY OF MUTUAL FUNDS Reepu USB Chandigarh University Gharuan India ABSTRACT Three Boston executives in 1924 pooled their money with no idea of how popular the assemblage would become. The formation of Unit Trust of India 1963 along with the inventiveness of Government of India and Reserve Bank led to the dawn of new industry . mutual fund industry in India. Its huge corpus enables diversification thereby minimizing the risks and maximizing the returns. In order to become customer s preference now-a-days numerous specialised plans in specific to retirement children etc have also been fabricated. The present paper is an attempt to know about Mutual Fund it s various schemes and analyse the different risk factors involved. Key words Diversification Mutual Fund Return Risk Schemes etc. Cite this Article A Study of Mutual Funds Reepu. International Journal of Management 8 3 2017 pp. 213 219. http IJM JType IJM amp VType 8 amp IType 3 1. INTRODUCTION Mutual fund is an investment company that pools money from shareholders and invests in a variety of securities such as stocks bonds and money market instruments. Most open-end Mutual funds also known as an open-end investment company to differentiate it from a closed- end investment company continuously offer new shares to investors. Mutual funds invest pooled cash of many investors to meet the fund s stated investment objective. Mutual funds stand ready to sell and redeem their shares at any time at the fund s current net asset value . total fund assets divided by shares outstanding. http IJM 213 editor@ A .
