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ISSN 2063-5346
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A Study on The Indian Mutual Fund Industry with Reference to Bihar

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Svati Kumari, Md. Kaish, Prof Pavnesh Kumar
» doi: 10.31838/ecb/2023.12.si4.234

Abstract

The Indian Mutual Fund Industry is growing rapidly and is helping in the growth of the Indian Capital and Financial Market sectors. The mutual fund industry in India has seen dramatic improvements from 1993 in both the quantity and quality of products and services offered. The industry has grown steadily over the years. Mutual funds entered the Indian capital market in 1964 to provide diversification of risk and professional management. The current study is descriptive. The study is based on secondary data including journals, and AMFI's website, SEBI's website. Mutual fund offers debt, equity, liquid, hybrid, gold ETF, and other ETF related fund, equity-related fund. This study mainly focuses on the mutual fund industry from 2012 to 2022 and Bihar’s investment in the mutual fund industry from 2014 to 2022. The state contribution to the mutual fund industry is growing.

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