Journal of Business and Management Sciences
ISSN (Print): 2333-4495 ISSN (Online): 2333-4533 Website: http://www.sciepub.com/journal/jbms Editor-in-chief: Heap-Yih Chong
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Journal of Business and Management Sciences. 2013, 1(1), 4-9
DOI: 10.12691/jbms-1-1-2
Open AccessArticle

Role of Indian Mutual Funds in Financial Inclusion: Public Vs Private Sector

G.V.SATYA SEKHAR1,

1Department of Finance, GITAM UNIVERSITY, Visakhapatnam, India

Pub. Date: March 08, 2013

Cite this paper:
G.V.SATYA SEKHAR. Role of Indian Mutual Funds in Financial Inclusion: Public Vs Private Sector. Journal of Business and Management Sciences. 2013; 1(1):4-9. doi: 10.12691/jbms-1-1-2

Abstract

The mutual fund organizations are taking active part in financial inclusiveness and they are promoting investment habit among the investors. At present there are 37 Asset Management Companies (AMCs) comprise the mutual fund industry and manage assets over Rs 8075 billion. This industry has undergone spectacular growth in recent years, making this study one of extreme interest. In this context, this paper is intended to examine the role of mutual fund organization in financial inclusiveness with reference to performance through public and private sector.

Keywords:
mutual funds financial inclusiveness AMC and investor composition

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