Rakesh Kumar 
Mutual Funds in India 
Structure, Performance and Undercurrents

The services of the asset management companies are getting important for the investors, for assessing markets and investing funds are beyond the capacity of most individuals. Hence, the role of mutual fund firms in India has increased enormously in response to liberal policy regime in the recent decades. This book is an endeavour to study the various facets of the mutual fund industry to understand the complexities therein. The structure, organisation, and competition in the mutual fund industry in India have been discussed in depth. Performance of mutual fund schemes by using conditional and unconditional models has been evaluated, and investors may derive enough inkling towards their future investment plans. After going through this book, the reader is expected to develop confidence while dealing with the instruments of mutual funds.

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Rakesh Kumar has been teaching economics at the regional campus of Punjabi University–Patiala (India) at Bathinda for more than a decade. He specialises in industrial organisation, industrial finance, and applied econometrics. The author has to his credit more than twenty-five research papers in reputed national and international journals and a book entitled Financial Derivatives Dynamics in India. Several doctoral dissertations have been completed under his able guidance. Besides this, he is a member of various academic societies.