Indian Mutual Fund Market Trend Analysis in context of Resource Mobilization by Private, Public and UTI Schemes
Abstract
Indian Mutual Fund Industry (IMFI) is growing day-by-day since its evolution in 1963 and ready to cross total assets value from ₹35trillion very soon. In present study, the gross resource mobilized (GRM) by private, public and UTI schemes has been studied from FY2009-2010 to FY2018-2019. The Regression analysis has been performed using various models on the basis of selected independent variables. Subsequently, the optimum models have been suggested to predict the value of GRM by private, public and UTI schemes. The paper enhances the understanding of IMFI and GRM relations with various predictors.