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A study on awareness of investors about the mutual fund investments in Musiri Taluk
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A study on awareness of investors about the mutual fund investments in Musiri Taluk
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Mutual Fund is a vehicle that attracts small and medium investors, thus strengthen the capital market. There are many reasons to invest in mutual funds such as dividend declarations, tax benefits, lesser risk, and value of assets, cost etc. | A study on awareness of investors about the mutual fund investments in Musiri Taluk INTERNATIONAL JOURNAL OF MANAGEMENT IJM ISSN 0976-6502 Print ISSN 0976-6510 Online A STUDY IJM Volume 7 Issue 2 February 2016 pp. 115-122 http www.iaeme.com ijm index.asp IAEME Journal Impact Factor 2016 8.1920 Calculated by GISI www.jifactor.com A STUDY ON AWARENESS OF INVESTORS ABOUT THE MUTUAL FUND INVESTMENTS IN MUSIRI TALUK Dr. T. Unnamalai Assistant Professor Department of Commerce Bharathidasan University College Kurumbalur Perambalur - 621107 ABSTRACT Mutual Fund is a vehicle that attracts small and medium investors thus strengthen the capital market. There are many reasons to invest in mutual funds such as dividend declarations tax benefits lesser risk and value of assets cost etc. The mutual fund industry in India has undergone a most successful phase in the last 10 years. The AUM has shown a tremendous growth since inception from Rs.25 crore in 1965 to Rs.701443 crore in March 2013. The growth in number of schemes offered by Indian mutual funds from 403 schemes in 2002-03 to 1294 schemes in 2011-12 has shown the inclination of investors towards mutual fund. The resources mobilized by public sector funds is Rs. 314706 crore in 2002-03 and reached to a high of Rs.10 019 023 crore in 2009-10 of which the share of public sector mutual fund is around 80 percent of the total fund mobilized. But this tremendous growth in the mutual fund industry in India is still lacking far behind other developed nations. With this background both primary data and secondary data have been collected. Percentage analysis and chi-square test have been used for testing hypotheses. Key words Mutual Funds Investments Awareness level Cite this Article Dr. T. Unnamalai. A Study on Awareness of Investors about the Mutual Fund Investments in Musiri Taluk. International Journal of Management 7 2 2016 pp115- 122. http www.iaeme.com IJM index.asp 1. INTRODUCTION Our Indian financial system is based on .
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