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Home / Mutual Funds

Mutual Funds

Introduction

Mutual Funds are investment institutions set up to manage money pooled in from the public. The advantages of investing in Mutual Funds are the professional expertise they employ coupled with the variations offered on the basis of asset classification and the diversification of the chosen portfolio aimed at optimising the risk for the required return.

The benefits that can be accrued from Mutual Funds are

• The schemes could be added to the portfolio with online updates for monitoring the performance of your investments in Mutual Funds.
  
  
• The comprehensive search, which gets you the fund matching your criteria.
  
  
• The comparison of various schemes of different Mutual Funds based on the critical and most sought after investment criteria.
  
  
• The analysis of different schemes and the outlook for the same.
  
  
• List of new launches in the market provided continuously.

Basically, Mutual funds are trusts that are formed to mobilise the savings from the people and pool them together to invest within the securities markets. The main advantage of mutual funds is that it is professionally managed. And the general idea is for investors to contribute small amounts into units in the various schemes, which in turn is deployed in the various markets. This way, any investor who is not in a position to directly invest in the markets can take advantage of this route.

UTI is the oldest of Indian mutual funds, having entered the arena with the launch of the Unit Scheme - 64 in 1964, hence the alphanumeric name. It was only in 1998 that other public sector banks were allowed to enter into the segment which was followed by a whole range of Asset Management companies including almost all the leading international portfolio managers including Merrill Lynch, Templeton, Prudential among others.

Click here to view different types of Mutual Funds

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