• Dr Gulshan Kumar Dhiman

An investor can either invest directly in securities or can invest through an investment company. A mutual fund is one such investment company pooling the savings of a number of investors and invests it according to some investment objectives in stocks, bonds, short-term, money-market, instruments, other securities or assets, or some combination of these investors. The schemes will have a distinct characteristic and its investment norms are governed by the Office Document. For instance, a Diversified Equity Fund will invest in all type of equities while a Midcap Equity Fund will usually invest in equity shares of mid cap companies only. When individual invest in a Mutual Fund scheme, he is buying units of the mutual fund scheme and get the full benefit of holding the shares. Tax benefits are also similar to shares or bonds. Mutual Funds are an excellent vehicle especially for small investors who may not have the time or the expertise to make investments on their own. In the present research paper an attempt has been made to analyse the awaness among households of Shivalik Hills of Himachal Pradesh about investment in mutual funds

Diversified mutual funds, Chi square, Perception, stock market instruments ,money market instruments

"PERCEPTION OF MUTUAL FUND AMONG DOMICILES OF SHIVALIK HILLS ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.5, Issue 3, page no.949-957, March-2018, Available :http://www.jetir.org/papers/JETIR1803408.pdf

"PERCEPTION OF MUTUAL FUND AMONG DOMICILES OF SHIVALIK HILLS ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.5, Issue 3, page no. pp949-957, March-2018, Available at : http://www.jetir.org/papers/JETIR1803408.pdf