A Study of Investor’s Behaviour towards Mutual Fund with reference to District Moga (Punjab)

Mutual fund sector is growing very fast in India. It contributes to large extent in the development of Indian economy. It is a pool that collects money from its subscribers and invest money in equity, bonds and other securities. Mutual fund is managed by fund house managers who are professionally qualified. Subscriber or investors holds units in proportion to their investment amount. Each unit has NAV(Net asset value). The money can be invested in lump sum or through systematic investment plan. Investment in mutual is simple and may earn higher returns in longer period of time. Mutual funds provide diversification, economy, liquidity, higher returns and professional managers. Mutual funds are regulated by government bodies. The assets under management of mutual fund houses have been increased many times. This shows the faith of investors in mutual funds. In this paper I shall highlight the investor’s behaviour towards mutual fund with a special reference to Moga district of Punjab.