MEANING OF MUTUAL FUND

Mutual fund is an investment vehicle that pools

money from large number of investors and then
invests in different securities. The collective
funds are referred to as Asset Under Management
 History Of Mutual Funds In India
• Mutual Fund in India started with the
formation of Unit Trust Of India in 1963.
• The history is classified into 3 distinct phases
• First Phase[1964-1987]
• Second Phase[1987-1993]
• Third Phase[2003-present]
Why should one invest in Mutual Fund?
How does one earn returns from
Mutual Funds