Who can invest in Mutual Funds ?

In todays’ market the Indian Mutual fund industry has started opening up many exciting investment opportunities for Indian investors. We have started witnessing the phenomenon of savings now being entrusted to the funds more rather than in banks alone.

Investment opportunities

Mutual Funds now represent perhaps one of the most appropriate investment opportunities for most investors. The assets managed by mutual funds jumped by nearly Rs 85,000 crore or about 11 % to Rs 8.78 lakh crore in 2013. As financial markets become more sophisticated and complex, financial intermediary is needed for investors who can provide the required knowledge and professional expertise on taking  informed decisions.

Exciting investment opportunities

Who can invest in Mutual Funds ?
      1. Residents including
           a. Resident Indian Individuals
           b. Indian Companies
           c. Indian Trusts / Charitable Institutions
           d. Banks
           e. Non-Banking Finance Companies
           f. Insurance Companies
           g. Provident Funds
      2. Non-Residents including
           a. Non-resident Indians, and
           b. Other Corporate Bodies
      3. Foreign entities, viz.
           a. Foreign Institutional Investors (FIIs) registered with SEBI.