Variability of Mutual Fund Returns During and After the Global Meltdown: An Analysis of Select Mutual Funds in India

Authors

  • Soheli Ghose Calcutta University, Kolkata
  • Dipti Kumar Chakravorty Calcutta University, Kolkata

DOI:

https://doi.org/10.33516/maj.v49i3.101-106p

Abstract

According to the Association of Indian Mutual Fund Industry, "A Mutual Fund is a trust that pools the savings of a number of investors who share a common financial goal. The money thus collected is then invested in capital market instruments such as shares, debentures and other securities. The income earned through these investments and the capital appreciation realized is shared by the unit holders in the proportion to the number of units owned by them. Thus a mutual fund is the most suitable investment for the common man as it offers an opportunity to invest in a diversified professionally managed basket of securities at a relatively low cost."

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Published

2014-03-01

How to Cite

Ghose, S., & Chakravorty, D. K. (2014). Variability of Mutual Fund Returns During and After the Global Meltdown: An Analysis of Select Mutual Funds in India. The Management Accountant Journal, 49(3), 101–106. https://doi.org/10.33516/maj.v49i3.101-106p

Issue

Volume 49, Issue 3, March 2014

Section

Economy
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