[p?c1=2&c2=8549097&cv=2.0&cj=1] INDIA TODAY GROUP InTodayIndia TodayAaj TakHeadlines TodayBusiness TodayMen's HealthWonder WomanCosmopolitanOye! 104.8FM [bt-logo.gif] [mt-logo.gif] * BIZ WRAP * MARKETS * MONEY * MANAGEMENT * INDUSTRY * TECHNOLOGY * CASE STUDIES * MORE * PHOTOS Archives: * Business Today * Money Today * BT More Aviation Pharma Infra Telecom PSU Auto Energy Agriculture Info Tech Banks BPO Tech News Product Reviews Launchpad Internet Tax Banking Real Estate Insurance Retirement Entrepreneurship Jobs and Career Executive Corner Leadership Reporter's Diary Off Track Wine and Dine Health and Fitness Reviews Fashion and Style Travel Economy World Deal Watch Corporate Policy Watch Infographics Stock Markets Mutual Funds Stock Watch Commodities search...___________ [search.gif]-Submit Home /Archive /Money Today /Perspective /May, 2010 /Story Mutual funds have a small following R. Sree Ram Edition: May, 2010 IFRAME: http://www.facebook.com/plugins/like.php?href=http://businesstoday.into day.in/story/mutual-funds-have-a-small-following/1/8704.html&layout=sta ndard&show_faces=true&width=219&action=like&font&colorscheme=light&heig ht=28 Tweet STORY TOOLS * Change font size * Print this story * E-Mail this story * Comment What will you do if you land a windfall? Buy a gadget or a mutual fund? If you spend it, you're one of a million who would do so, but if you invest it, then you belong to an elite category--the 10 per cent Indians who have invested in mutual funds. This is the result of a study conducted by Boston Analytics, which has revealed that mutual funds are still an alien financial product for 90 per cent of Indian households. The study, based on 10,000 respondents in 15 cities and towns, has found that most of the participants do not have sufficient knowledge about mutual funds and, hence, consider them to be a risky proposition. A majority of the people in tier II and tier III towns do not know where and how to invest in such assets. However, the study discovered that the opinion of existing investors was diametrically opposite. Nine out of 10 respondents cited professional management and benefits of diversity as the reasons for investing in mutual funds. These investors are active in tracking the performance and net asset values of funds. On the flip side, 15 per cent of the existing investors do not fully know about the funds they have invested in. They seem to have little or no information on the kind of funds (growth/dividend) and their risk profile. MORE FROM Perspective * How to know if you'll be loan defaulter * Quick Deposits at ATMs * Insurers allowed to tap stock market LATEST HEADLINES * Google, Yahoo! to fight email spam * Starbucks helps Tata Global jump 10% * ICICI Bank net up 20% as bad loans fall STAY CONNECTED WITH US ON [facebook.png] [twitter.png] [newsletter.png] [rss.png] [mobile.png] [sms.png] Advertisement FROM THE MAGAZINE * Power management: How Gujarat leads by example Related Stories Related Stories * Home finances: 2012 to pinch more than 2011 * Stock mkts face tough times in 2012 * The score ahead for a new India * Top luxury adventure holidays of 2012 MUST SEE Naveen Jindal, Jindal Steel & Power Naveen Jindal: Not your usual CEO Pulsar 200NS Ten years on, a new innings for Pulsar Tighten Your Purse Strings How rupee fall affects your budget Band, Baaja, Business The big fat Indian wedding business MOST POPULAR * Stories * Photos * Auto Expo 2012: A curtain raiser * Tata Motors showcases slew of new models * Suzuki launches 2 new products - Swish and Hayate * Vodafone to sell Nokia phones at select stores * Bajaj RE60: Redefining the Auto? * IRCTC to launch mobile apps soon * India's Best CEOs: Hall of Fame * India's Top 25 CEOs * Hyundai raises the bar for rivals * Ambanis bond over Dandiya * Companies that changed India * Business icons of India IFRAME: http://www.facebook.com/plugins/likebox.php?href=http%3A%2F%2Fwww.faceb ook.com%2FBusinessToday&width=295&connections=10&stream=false&header=tr ue&height=287 BT SPECIALS [mpw_092011032733.gif] [bbs_092011032733.gif] [ibc_092011032733.gif] [sp-bt500.gif] [best-banks.gif] [indias-best-ceos_145_013112010725.gif] UTILITIES * EMI Calculator * Millionaire * HRA Exemption * Tax v/s Free Tax * Savings Worth * SIP Calculator * Retirement Calculator * FD Calculator * Inflation Impact * Mortgage Calculator * Business Tips IFRAME: http://media2.intoday.in/microsites/common/bt_footer.html ABOUT US|CONTACT US| ADVERTISE WITH US |SUBSCRIPTION|WE CARE|PRIVACY POLICY Copyright (c) 2012 Living Media India Limited. For reprint rights: Syndications Today. A A A X close []