Cover
Story
Mutual
Fund Industry in India
-- Amit
Singh Sisodiya
In
four decades of its existence in India, the mutual fund industry
has gone through several structural changes. From the days
of UTIs monopoly, until 1987, when the industry was
opened first to otherpublic sector enterprises, and then to
private sector players in 1993, it has come a long way. The
entry of private players has galvanized the sector as increased
competition has forced industry players to focus on product
innovation, market penetration, identifying new channels of
distribution, and last but not the least, improving investor
service. These measures have helped the industry grow significantly;
from having assets worth Rs. 47,000 cr under management in
March 1993 to Rs. 1,39,616 cr by March 2004. However, the
industry is going to face significant challenges in the future
as the competitive pressure increases.
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MF
Performance
Mutual
Fund Performance - Comparative Analysis
-- Amit
Singh Sisodiya
When
the technology bubblebust in early 2000 and brought to end
a strong bull run in stock markets across the globe, including
India, no one would have thought that the markets could stage
such a remarkable comeback in such a small period of time.
However, led by factors such as improved corporate performance,
robust economic growth, a stable government, strong forex
reserves, and continued economic reforms as well as PSU divestment,
the bulls made a smart comeback towards the end of 2002. Strong
FII inflows further added to the buoyancy in the market. As
economic fundamentals continued to show improvement, this
made India one of the most significant investment destinations
among the emerging markets, globally.
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MF
Ranking
Mutual
Fund Ranking Methodology
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Investor
Perception
Investor
Perception
Knowing
the perceptions of the customers is very important in any
industry. This provides insights into the customer behavior
and his expectations from the industry players. A proper understanding
of the perceptions would definitely benefit the players. The
MARCH survey attempts to know the mutual fund investor better.
It examines some interesting choices of the retail investor
including the reasons behind investing in mutual funds and
the risk tolerance levels of the investors. The investors
knowledge about the mutual funds and what according to him
are the best mutual funds is also analyzed. It is hoped that
this survey in the 7 major cities in India would go a long
way in benefitting the mutual fund players.
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Interviews
Interviews
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