＂Mutual funds are an emerging and popular investment option. They were established to pool the resources of small investors and capital markets to aid industrialization. The mutual fund
industry imparts formal identity, provides access to the payments system as well as to a savings safety net. More recently, the Indian government has focussed on establishing the basic right of
every person to have access to affordable basic financial services offered by banking and non-banking companies. Dr. Sekhar presents an overview of investment patterns for both public and
private sector mutual funds, and analyses the performance of selected schemes using various measures of risk. He traces the trend in growth of mutual funds and the changes in regulatory
measures of the mutual fund industry in India. He examines the factors influencing the resource mobilization patterns of mutual funds during the post-liberalization period and makes projections
up to 2020. He examines the investment behaviour of mutual funds and evaluates the performance of various schemes of mutual funds by employing Sharpe, Treynor and Jenson models. He also
suggests suitable measures for the strengthening of mutual funds in India. The book offers comprehensive knowledge on the mutual fund industry in India and provides ready-made practical
information for investors. ＂--
