ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

Articles by Rajesh ManjrekSubscribe to Rajesh Manjrek

Myopic Investment View of the Indian Mutual Fund Industry

Since the majority of mutual fund investors are salaried individuals, the MF industry should have a long-term investment horizon. However, the data from all mutual funds for December 2007-May 2008 and December 2008-May 2009 reveals that the industry has adjusted its position on a short-term basis in tandem with the short-term volatility of the market. The findings substantiate the observation that there is an urgent need to set up an audit committee for this industry.
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