Inclusive Development and Mutual Funds: Roadmap and Hurdles
12 Pages Posted: 19 Jan 2019
Date Written: January 4, 2019
Mutual funds are tools for savings and investment. They provide reasonable returns while minimizing risks associated with investment. The present research is a research to identify whether mutual funds can contribute towards inclusive growth and development. The research was conducted based on survey among one hundred random investors from Bikaner (Rajasthan, India). The research found that the mutual funds are now becoming popular among common investors also. The researcher has tested two hypothesis relating to the study and found that there is no significant relation between income of the investor, experience of the investor and preference of the mutual fund. Based on data analysis, the researchers found that income and experience of the investor is not an important variable for investment in mutual fund. Therefore common people are also able to take equal benefits from the mutual funds. The researchers concluded that mutual funds can contribute towards inclusive growth and development.
Keywords: Inclusive Growth, Sustainable Development, Inclusive Development, the Poor, Investment, Risks, Mutual Fund, Traditional, Risk Management
JEL Classification: H19, H29, H39, H49, H59, H69, H79, I19, I29, I39, N15, N25, N35, N45, N55, N65
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