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Answer Posted / s.anil gopal
mutual fund represent is collective investment. The fund is
devided into units and offer to the public . Each investor
will be part of the owner.Till 1986 UTI was established in
india.
Later sbi, lic, canara bank enter the industries
later .From the year 1992 on words mutual fund industries
opened private sector.
main operations in mutual funds.1)THe sponser 2)Asset
management company 3The mutual fund.
1)sponser is nothing but establish the mutual fund and the
asset management company.
2)asset management is the organise as a set of a separtate
joint stock company.
3)mutual fund:mutual fund is devided into units and offer
the public.
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