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Erschienen in:
2014 | OriginalPaper | Buchkapitel
Introduction
verfasst von : G. V. Satya Sekhar
Erschienen in: The Indian Mutual Fund Industry
Verlag: Palgrave Macmillan UK
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The concept of mutual funds has always been conceived as pooling the resources of small investors and deploying the same in the capital markets to help industrialization through participation in the equity and debt instruments. Mutual fund industry imparts formal identity and provides access to the payments system and to the savings safety net like deposit insurance. More recently, the focus of the Government of India is on establishing the basic right of every person to have access to affordable basic financial services offered by banking and non-banking companies.