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- Investors perception regarding selection of mutual funds
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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