Inclusive Development and Mutual Funds: Roadmap and Hurdles

12 Pages Posted: 19 Jan 2019

See all articles by Rakesh Swami

Rakesh Swami

Suresh Gyan Vihar University, Students

Trilok Kumar Jain

suresh gyan vihar university jaipur

Date Written: January 4, 2019

Abstract

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

Suggested Citation

Swami, Rakesh and Jain, Trilok Kumar, Inclusive Development and Mutual Funds: Roadmap and Hurdles (January 4, 2019). Available at SSRN: https://ssrn.com/abstract=3310129 or http://dx.doi.org/10.2139/ssrn.3310129

Rakesh Swami

Suresh Gyan Vihar University, Students ( email )

Jaipur, Rajasthan 302017
India
9414430763 (Phone)

Trilok Kumar Jain (Contact Author)

suresh gyan vihar university jaipur ( email )

jagatpura
mahal, jagatpura
Jaipur, RI 302017
India

HOME PAGE: http://www.gyanvihar.org

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