Essay on Mutual Funds in India! Mutual funds were first started in England during 19th century. These funds could not succeed due to highly speculative nature. Mutual funds started in USA during 1900 but they picked up only after 1924 when a number of such funds were started. After World War II mutual funds expanded rapidly. In India first mutual [...]
This article throws light upon the fourteen main SEBI guidelines as regard to constitution and management of mutual funds. The regulations are: 1. Trust Deed to be Registered under the Registration Act 2. Contents of Trust Deed 3. Disqualification from being Appointed as Trustees 4. Approval of the Board for Appointment of Trustee 5. Rights and Obligations of the Trustees [...]
This article throws light upon the top five categories for classification of mutual funds. The categories are: 1. According to Ownership 2. According to Scheme of Operation 3. According to Portfolio 4. According to Location 5. Other Types of Mutual Funds. Category # 1. According to Ownership: According to ownership, mutual funds in India may be classified as: (i) Public [...]