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Synopsis The fund mobilization by mutual funds in India has been on the increase since their inception in 1964, i.e. with the launch of US-64, the flagship scheme of UTI. Again it was in 1987 and 1989, when public sector banks and corporations entered the mutual funds market scene of the country. Further, keeping in tune with the objective of New Economic Policy of 1991, mutual funds market was thrown open to private sector during 1993 in India. Since then, the investment trend shifted in favour of private sector funds. The corpus of mutual funds in India has been swelling with almost 60% of the total investment going into private sector mutual funds today. This book is an indepth study of status of Mutual Funds Industry in India. The contents include: Introduction and Concept of Mutual Funds; Growth of Mutual Funds Industry; Perceptions of Investors towards Mutual Funds; Performance of Mutual Funds and Prospects of Mutual Funds.