Investors perception regarding selection of mutual funds

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INTRODUCTION MUTUAL FUND Mutual Fund is an Institutional arrangement, which mobilizes the savings of millions of investors for investment in a diversified portfolio of securities with a view to spreading risk and enduring adequate and consistent returns, both in the form of dividends and capital appreciation. It is a financial intermediately that receives money from ^ shareholders, invests it, earns on it, and makes it grow to share it with them. Professional managers who make portfolio investment decisions on behalf of unsophisticated investors manage these institutions. It is essentially a mechanism of pooling together the savings of a large number of investors for collective investment with an appreciation.

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