TABLE OF CONTENTS Certificate; Declaration; Acknowledgements; Abstract; Chapter 1 - Introduction to the Concept of Mutual Funds; • What is a Mutual Fund; • Mutual Funds and Collective Investments Schemes; • Kinds of Mutual Funds; • Net Asset Value (NAV); • Types of Mutual funds; • Advantages Of Mutual Funds; • Disadvantages of Mutual Funds; • Ethical Flavour in mutual funds; Chapter 2- Origin and History of Mutual Funds; • Origin; • History of Mutual Funds in India; • History of Mutual Funds in USA; Chapter 3- Mutual Funds: The Legal and Regulatory Framework; • Players of the Mutual Funds; • Liabilities; • The Investments; Chapter 4 - Trends of Mutual Funds in India; • Introduction; • Brief Overview; Chapter 5- Trends of Mutual Funds in USA; • Mutual Fund Assets; • Development in Mutual Fund Flows; • Assets in Close-Ended Funds; • Number of Close-End Funds; Chapter 6- Suggestions and Conclusion; Bibliography;