104. '' MF industry is changing its hue as an imperative investment , option for the retail investors in India.'' Explain.
Ans: MF Industry is changing its hue as an imperative investment option for the retail investors in India, after term deposits with banks and post offices . MFs ' offers an array of schemes for both risk takers and risk averters to meet their diversified financial objectives like risk minimization , returns maximization , consistents returns tax savings short-term capital gains and the like.