Answer Posted / s.anil gopal
Mutual Fund represent the collective investment the fund is
divided into units and offer to the public .each investor
will be a part of owner of the fund. Till 1986 UTI was only
the mutual fund in India. Later SBI, LIC, CANARA BANK,
enters the industries. From the year 1992 on words the
mutual fund industries was opened to private sector.
MUTAL FUND OPERATIONS. Imp most
1) The Sponsor
2) Mutal Fund
3) The Asset Management Company
The Sponsor :
The Sponsor is nothing but establish the Mutal Fund and the
Asset Management company.
Mutal Fund :
Mutal fund is divided into units and offer to the public.
Asset Management Company :
The Asset Management company is the organize as a
separate joint stock company.
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