India's Mutual Fund Industry
Tetsuya Kamiyama
Nomura Institute of Capital Markets Research
Nomura Capital Market Review, Vol. 10, No. 4, Winter 2007
Abstract:
The assets managed by India's mutual funds have shown impressive growth, and had totaled 3.3 trillion rupees (Rs 3.3 trillion) as of the end of March 2007. India's middle class, who are prospective investors in mutual funds, has been growing, and we expect to see further growth in the mutual fund market moving forward. In this paper, we first provide an overview of the assets managed within India's mutual fund market, both now and in the past, and of the legal framework for mutual funds, and then discuss the current situation and recent trends in financial products, distribution channels and asset management companies.
Number of Pages in PDF File: 16
Keywords: mutual fund, asset management
JEL Classification: G23
Accepted Paper Series
Suggested Citation
Kamiyama, Tetsuya, India's Mutual Fund Industry. Nomura Capital Market Review, Vol. 10, No. 4, Winter 2007. Available at SSRN: http://ssrn.com/abstract=1103758
