A study of Mutual fund investment awareness of people of Kalyan Dombivili municipal corporation region

Abstract

Investment is a commitment of funds in real assets or financial assets. There are various avenues of investment in accordance with individual preferences. Investments are made in different asset classes depending on individual s risk and return characteristics. Investment choices are physical assets and financial assets. Gold, Commodities and Real estate are examples of physical assets, which have a physical form. newlineFinancial assets are securities, which are certificates embodying a financial contract between parties. Bonds, Equity shares, Deposits and Insurance policies are some of the examples of financial assets. newlineWise investment of personal saving necessitates a clear understanding of objectives of saving. Every investment channel can be viewed as a package offering a unique combination, which fulfils the objectives of : (i) principal value, (ii) expected income, (iii) ease of converting principal into cash, and (iv) tax consequences. Each outlet has a greater or lesser degree of uncertainty associated with each factors. newlineInvestment is the process of putting money to work to earn income. Investing even a small amount can produce considerable growth over long period. Investors continuously plan for their investments to fulfill major needs like financial protection, career building, asset purchase, marriage, children s education, retirement funding etc. For this investors need to take decision regarding how much to invest? And where to invest? To choose wisely, investors need to know investment options thoroughly. It is financial services institutions and intermediaries which help the investors for transforming saving into investment, production and growth. It is a mechanism or arrangement for the mobilization of funds, their transfer and allocation. A financial services intermediary and has enormous value in the financial market. A mutual Fund is recognized as a medium as well as long term investment option. newlineAbstract newlineConcept of Mutual Fund: newlineMutual Funds are essentially investment vehicles where people with