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ISSN 2063-5346
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A Study on the Impact of Covid-19 on the Performance of Different Categories of Mutual Fund: An Analysis of Indian Mutual Fund Industry

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Dr. Pooja Srivastava
» doi: 10.48047/ecb/2023.12.si7.116

Abstract

The establishment of Unit Trust of India in 1963, at the initiative of the Indian government and reserve bank, marked the beginning of the mutual fund business in that country. Since many years, the Indian mutual fund market has displayed a very strong signal, which is a very favourable sign for investing through a mutual fund. Even amid the COVID problems, the mutual fund industry gave a positive signal. AUM increased by 22.48% in 2021, from 30.96% Trillion to Rs. 37.92 Trillion, making it a very intriguing year. Concerning retail investors, they are actively contributing to the aggregate AUM of mutual funds. 52.20% of the entire AUM at the beginning of 2021 was made up of individual investors. 45% of the assets are contributed by institutional investors, in this case. The major goal of this essay is to evaluate the mutual fund sector in India in the Post-Covid scenario and to analyze the mutual fund sector in India using characteristics such as investor trends and broad market insights.

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