SMART JOURNAL OF BUSINESS MANAGEMENT STUDIES VOL. 2 NO. 1 PAPER 17
 
PROBLEMS AND PROSPECTS OF MUTUAL FUNDS – AN EMPIRICAL ANALYSIS
 
P.K. Muthappan
Reader in Corporate Secretaryship, Alagappa University,Karaikudi, India
 
The mutual fund industry in India has come of age. We find enormous expansion in the size of mutual funds and the private sector has especially shown galloping growth. With unmatched advances in the information technology front, increased role of institutional investors in the stock market and SEBI still in its infancy, the mutual fund managers have gained unchecked powers. Ensuring the safety of small investors is the need of the hour. The present study was undertaken to know the perceptions of small investors who are the most exploited lot in the Indian capital market by the tall claims of mutual fund managers as dependable guardians of small investors on the one hand and the role of regulators on the other. This paper has examined the problems faced by the investors of mutual funds, factors discouraging investment in mutual funds, opinion of respondents, the measures for the development of mutual funds and the level of fulfillment of the objectives of the investors. It offers concrete suggestions for the elimination of the problems of the mutual fund investors
 
KEYWORDS: Mutual Funds, Assets Under management, Investors JEL CLASSIFICATIONS: G10, G23 FULL TEXT