Performance of Mutual Funds

Performance of Mutual Funds


Mutual Funds are efficiently run by those companies which gather money from various investors and invest or organize those funds in diversified portfolios like shares, stocks, bonds and a variety of other securities for returns. The portfolio manager has the duty to invest primary security of the fund, pulling in capital gains or losses and transposing earnings to the investors. Unit Trust of India was the first organization to introduce the idea of Mutual Fund in India. The recital of mutual funds began rising with the liberalization of India.

Performance of Mutual Funds: Unit Trust of India (UTI)

Unit Trust of India Mutual Funds governed the Indian mutual fund market for about 54 years. It had no competitors till the year 1988. It is solitary in 1988 that few mutual fund companies were set up to compete the Unit Trust of India. Despite the surfacing of various Mutual Fund companies in 1988, UTI Mutual Fund remained in his peak position. UTI Mutual Funds over and over again exhibited excellence in this field, and this contributed to the recital of Mutual Funds in India. Back in 1992, 24 million UTI Mutual Fund shareholders were promised high returns. UTI Mutual Funds schemes sold the thought of ahead profits by investing in mutual funds to Indian people. This happened to be a tremendously helpful measure in drawing more and more investors. Moreover, there was no risk in investing in mutual funds.

Performance of Mutual Funds: Present Scenario

Now day’s Different Indian mutual fund companies have plans of introducing pension schemes. They are also introduced open-ended mutual funds. According to some experts, if certain boundaries are removed, the system will become more favorable and bendy.