Volume - 13 | Issue-1
Volume - 13 | Issue-1
Volume - 13 | Issue-1
Volume - 13 | Issue-1
Volume - 13 | Issue-1
A mutual fund is professional management company pool of money from investors and invest according their objective and risk-taking capacity. Mutual fund offers large number of schemes that include different-different type of security and different-different type proportion of combination that decide risk factor of scheme and objective of scheme. Investors choose accordingly goal of objective and risk-taking capacity from large number of schemes. Indian mutual fund industry includes open-ended, close-ended and interval scheme, manages around Rs 3102475.50 Cr in 2020. This paper studies the flow of funds in the Indian mutual industry and net asset under management (net AUM) during January 2020 to December 2020 for different types of open-ended schemes. There are 93% of funds managed by open-ended schemes in the mutual fund industry, and only around 6.9%% are managed by close-ended schemes and interval-ended schemes 0.01%. The mutual fund industry is stable in the preCOVID-19 period, net AUM decrease in February and March other month increased and positive flows all month except August and September.