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Abstract
“Mutual Funds were created to make investing easy, so consumers wouldn’t have to be burdened with picking individual stocks”. Mutual funds is one of the best financial investment scheme where the common investor can take part in the Indian Capital Market irrespective of the amount with professional fund management. It pools the funds from various investors and diverse those funds into various sectors for the guaranteed payback amount to the investors. Mutual funds provides less risk than of investing directly in the shares and hence it is considered as safer option for the investment. One of the main factors that drive through investing in mutual funds is the guaranteed amount of principle. Thus, mutual funds plays a vital role in development of the chosen sectors along with the economic development.