| | | | | Mutual Funds in India (AMFI) thus the investors |
| Deciding or searching for the top mutual funds | | | | can access NAVs of all mutual funds at one place. |
| generally requires lot of things to be taken into | | | | |
| consideration. It is here that the role of the fund | | | | .According to latest researches and data available |
| manager creeps in. The fund manager determines | | | | with Association of Mutual Funds in India (body |
| the performance of the fund for that particular | | | | that governs the Mutual Fund houses in India) , it |
| period, so it is a compulsion that he is consulted | | | | can be described that, since the last 6 months, |
| prior to making the investment. Another | | | | the entire asset under management or AUM, |
| important segment that should be taken care of | | | | along with thirty one mutual funds covered at Rs |
| is the proper selection of Assets. Asset Allocation | | | | 5,18,123 Crore or Rs 5,181.23 billion. All of the top |
| is the art of bifurcating your finances into a | | | | five mutual funds of India made record in the |
| mixture of Assets (stocks, bonds, etc). It is | | | | development of total AUM. They have increased |
| imperative that some amount of research is done | | | | the AUM rate of the Indian mutual fund industry. |
| prior to choosing a fund for investment. The | | | | Being the top mutual fund organization of India, |
| performance of a mutual fund over the last few | | | | the Reliance Mutual Fund rose the AUM to |
| years does give an insight to it’s value. The | | | | Rs.80,780 crore from Rs.77,765 crore. On the |
| Mutual fund performance can be known by Mutual | | | | other hand, the ICICI Prudential Mutual Fund and |
| Fund NAV i.e. Net Asset Value. It is disclosed on | | | | UTI Mutual Fund rose to Rs.56,854 crore from |
| daily basis in case of open-ended schemes and on | | | | Rs.52,180 crore. So going through the snapshot |
| weekly basis in case of close-ended schemes. It is | | | | you do have an idea as to which Mutual Fund |
| necessary for all top mutual funds in India to put | | | | should be invested upon and the factors you |
| their NAV’s on the web site of Association of | | | | would need to take into consideration. |