This book is a fine exposition on the mutual fund industry written by an experienced faculty from an acclaimed Capital Market Institute in the country. The coverage encompasses the concept, role, formation and organisation of mutual funds, besides touching upon accounting and valuation, investment management, development of model portfolios and unit holders’ protection.

The book forms part of the course material provided by Indian Institute of Banking & Finance to the candidates appearing for the paper on “Mutual Fund - Products & Services” under their Post Graduate Diploma in Financial Advising (PGDFA) examination. Eminent experts under the guidance of Dr. S.A. Dave, former chairman of UTI, have designed the course. This book can also be essential reading for candidates preparing for the mandatory Certification Course for employees/intermediaries conducted by NSE on behalf of Association of Mutual Funds of India (AMFI). All ardent learners of banking and finance and mutual fund professionals shall find the book handy.