The study has motivated to assay the comparatively better saving tool — small saving schemes or mutual funds — based on empirical evidence. The related literature has been extensively reviewed to frame a conceptual model and has adopted survey strategy with stratified random sampling...

As the resentment against scam and corruption assumed unprecedented proportions, with thousands of crores rupees were siphoned by a few individuals and entities from gullible investors, it is also important to stock of corrupt practices in all form of businesses including the chit funds...