• K.SUCHITRA

The Indian mutual fund industry is one of the fastest growing and most competitive segments of the financial sector. A mutual fund is a professionally-managed investment scheme, usually run by an asset management company that brings together a group of people and invests their money in stocks, bonds and other securities. During 2003-2017 India grew rapidly and Mutual Fund industry has emerged as a tool for ensuring one‘s financial interests. They have not only contributed to the Indian economy but have also helped to the retail investors to accumulate wealth. As at the end of 31st March 2017, there are 41Mutual Fund Asset Management Companies operating in India, managing assets of Rs. 17,54,619 Crores under 2281schemes. The maximum Gross Mobilization and Gross Redemption by the Mutual Funds are from the Private Sector. The Private Sector Mutual Funds have maximum Net Inflows of Mutual funds compared to Public Sector Mutual Funds during the period of study. However, the growth rate of Net inflows of Public Sector Mutual Funds during the study period is more.Among the different schemes offered by the Mutual Fund Companies, the percentage of Income Funds to the total AUM is more.

Mutual Funds, Gross Mobilisation, Gross Redemption

"Growth of Indian Mutual Fund Industry", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.5, Issue 7, page no.222-227, July-2018, Available :http://www.jetir.org/papers/JETIR1807383.pdf

"Growth of Indian Mutual Fund Industry", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.5, Issue 7, page no. pp222-227, July-2018, Available at : http://www.jetir.org/papers/JETIR1807383.pdf