I want to know all about mutual fund of india?

To start with the definition of mutual fund, as v all know mutual means sharing
so is the meaning of mutual fund too, here the money(of the investors) is shared and risk of investing in capital markets is also shared among the investors in a particular fund, then this money which is being invested by the investors is called as the "corpus" in financial terms will be managed by a professional who is known as "fund manager" of the particular fund this fund manager will adequate and up to date knowledge in capital markets around the world and he will invest the corpus according to the funds objctive.

for instance take the case the new HSBC Unique opportunities fund here the fund manager will look out for the stocks distributed among all categories of market capitalisation(small, medium, large and giant cap) and will invest in stocks which are likely to give extra ordinary returns than the market index itself.

Now few other terms to know in MF are LOAD- which is nothing but the minimum commitment to the fund by the investors this will be charged both in entry point and in exit point

open ended fund means you shall exit at any point of time

close ended fund means you can exit only after the specified time period or else you have to pay a certain exit load if you have to exit before the mentioned time period.

Net Asset Value(NAV)=(Market value of assets- Liabilities)/NO.of units

check out this site.

http://www.valueresearchonline.com/funds...

mutual fund is a collection of individuals money in a portfolio by an asset managment company and invest in diference shares . bond. dibentures and money market and earn profit . it will diveded to investers. if you want more details go ti amfiindia.com

the best way is to visit "www.amfiindia.com". and buy their workbook "AMFI MUTUAL FUND TESTING PROGRAM". it costs rs.300/-.