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Is it hard to start your own mutual fund?


Being 23 yrs. old and relatively new to the world of financial markets, I of course am not presumptous enough as to think I am ready to start the next Vanguard chain of mutual funds.

But with such a passion for stocks, it certainly seems a possibility I might consider pursuing someday.

What exactly are the main steps in putting together a mutual fund (including federal regulations, advertising techniques, and the chances of 1 new mutual fund getting noticed in a sea of over 40,000 existing ones)?

Thanks for your help!

look at interest rates, performance over the last couple yrs.
the vision of the company. also u would want a mix of short,medium and long term investing.
see which company offer all with easy management

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