Indian mutual fund industry: opportunities and challenges

Document Type

Article

Publication Title

IIMB Management Review

Abstract

This article presents an overview of the mutual fund industry in India and the reasons for its poor penetration, which includes lack of objective research. It benchmarks the industry globally, and raises key issues regarding the ownership and performance of mutual funds, the sensitivity of fund flows to performance, and the importance of regulation to its growth, all of which have been largely under researched in India. It then captures the views of leading practitioners on these and other issues, including the challenges posed by poor financial literacy, the equity culture in the country, and the weakly supportive regulatory environment.

Publication Date

1-4-2012

Publisher

Elsevier

Volume

Vol.24

Issue

Iss.4

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