Exchange-traded funds (ETFs) are generally index-based funds that allow investors to buy or sell exposures to an index through a single financial instrument. ETF units are created and redeemed in-kind, rather than in-cash (as in the case of a unit trust fund). The in-kind creation and redemption...

This paper presents a perceptual model of mutual fund performance that attempts to go beyond the conventional models. Model presented in this paper is based on the perception of individual investors about various selected parameters affecting the performance of mutual fund. As all the...

Indian mutual fund has gained a lot of popularity from the past few years. Earlier only UTI enjoyed the monopoly in this industry, but with the passage of time, many new players entered the market. As the time has passed, this industry has become a buzzword in the Indian financial system. Mutual...