A Study on Attitude of Brokers towards the Mutual Fund Investments

Financial system comprises of financial institutions, services, market and instruments. Financial institutions mobilize resources, purchase and sell instruments and render various services in accordance with the practices and procedures of law. Investing in financial securities is a complex one involving knowledge of various investment tools, terms, concepts, strategies and process. The success of a financial brokering activity depends on the knowledge and ability of broker to invest the right amount, in the right type, at the right time. Broker has to use his intellect, which is an art to acquire by learning and experience. Knowledge of financial investment principles and the art of investment management are the basic requirements for a successful investment. The Mutual fund industry is an organized financial system, accessible to individual investors having varied needs and options. In order to identify the preferences of brokers and investors for mutual funds, a careful collection of primary data through questionnaire was collected. Schedules were used to collect data from fund managers on mutual funds.