With the emergence of distinct productive avenues for investing, mutual cash have become probably the most popular investment options mutual fund is a fundamental investment product structured around the concept of risk mitigation by spreading investments in multiple channelsccording to Nielsen global survey of investment attitudes, mutual dollars is one of the favourite investment options that ranked atop among the other assets like precious metals, stocks and bondsn this article, we will look at the history of the mutual fund industry which grew fairly successfully and helped massive number of investors produce wealth over the yearsntry of mutual dollars in India (1963)The thought of mutual dollars emerged in India in 1963 by the formation of Unit Trust of India (UTI) which is a watermark in annals of mutual fund industry in Indiautual cash were initiated by government and the Reserve Bank of India (RBI), with an aim to attract small investors and were focused mainly on investing fo ... [Read More - High Profit Candlestick Patterns By Stephen Bigalow]
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