Mutual and other Funds

4. What are the major factors that attribute to the growth of Mutual Fund Industry in India?

Ans; In a short span of time , the economic , social , and environmental factors had an impeding effects on the growth of Mutual Funds in India . The main factors that attributed to the Mutual Fund growth is the introduction of various schemes by many Fund houses and , in particular , by the banks . In today's enviroment, banks are the main participatory resources for the Mutual Fund schemes . Another reason is the marketing strategy many Fund houses adopt in order to attract customers . In addition to these factors, another factors , which helped in the growth of MF Funds , has been the creation of tailored schemes to suit the requirement of the retail investors.