MUTUAL FUND IN INDIA:

India is emerging as the next big investment destination, courtesy its high savings and investment rate,
as compared to other world economies. Mutual funds are recognized as a transparent and low cost
investment option which attracts investors and help in the growth of the industry. This research focuses
on the Indian mutual fund industry. Its origin, its rise through out these years and also tried to analyze
what the future may hold for the Mutual Fund Investors in the long run. A mutual fund, which is also
known as an Asset Management company. A mutual fund is a type of financial vehicle which pools
money from different investors to invest in various securities such as shares, bonds etc. The securities
purchased are referred to as the scheme's portfolio. The Indian mutual fund industry is ascending
steadily and this is reflected in the increase in Assets under management of various fund houses.
Restrictions on competing products may have acted as a catalyst for the development of bond and
money market funds. This study aims to compare and analyze the performance of different types of
mutual funds and concluded that equity mutual funds outperform debt mutual funds over a longer
period of time. This study further concludes that mutual fund managers possess significant market
timing ability and institutions funds managers are able to time their investments. Further, it has been
found empirically that fund managers are able to time their investments with the conditions in the
market, and possesses significant timing