Worldwide, the Mutual Fund, or Unit Trust as it is called in some parts of the world, has a long and successful history. The popularity of the Mutual Fund has increased manifold. In developed financial markets, like United States, Mutual Funds have almost overtaken bank deposits and total assets of insurance funds. As of date, in US alone there are over 5,000 Mutual Funds with total assets of over US $ 3 trillion (Rs. 100 lakh crores).
In India, the Mutual Fund industry started with the setting up of Unit Trust of India in 1964. Public sector banks and financial institutions began to establish Mutual Funds in 1987. The private sector and foreign institutions were allowed to set up Mutual Funds in 1993. Today, there are around 36 Mutual Funds and over 200 schemes with total assets of approximately Rs. 81,000 crores. The Securities and Exchange Board of India (SEBI) regulate this fast growing industry.
Mutual Funds are well diversified to provide a relatively risk free return in the volatile stock markets and are designed in view of the Risk Orientation of the clients. This avenue is therefore becoming popular for investment in all segments.
Mangal Keshav offers you the opportunity to diversify your investment portfolio by offering a choice of investment schemes from all major mutual fund providers.
The access to market information, a thorough reading of the economy and cutting edge research helps Mangal Keshav in active management of the funds. The company is consolidating its position amongst the Institutional and HNI clients as a preferred distributor and advisor for Mutual Funds.
Mangal Keshav offers options catering to investors with varying risk-return profiles. We also help investors to choose the best mutual fund, based on their investment needs.