ABSTRACT In a growing country like India, capital market plays an important role to stabilize the Economic growth, strengthen industrial performance, and provide various investment avenues to the investors to help the various industries and to ensure the profitable return. Among various financial products, mutual fund ensures the minimum risks and maximum return to the investors, its having own policies, terms conditions that are different from other products, so the market volatilization will not make more effect in return.
Definition[ edit ] A dowry is the transfer of parental property to a daughter at her marriage i. This fund may provide an element of financial security in widowhood or against a negligent husband, and may eventually go to provide for her children.
Anthropologist Jack Goody 's comparative study of dowry systems around the world utilizing the Ethnographic Atlas demonstrated that dowry is a form of inheritance found in the broad swath of Eurasian societies from Japan to Ireland that practice "diverging devolution", i.
This practice differs from the majority of Sub-Saharan African societies that practice "homogenous inheritance" in which property is transmitted only to children of the same sex as the property holder.
These latter African societies are characterized by the transmission of the " bride price ," the money, goods or property given by the groom or his family to the parents of the bride not the bride herself. In sparsely populated regions where shifting cultivation takes place, most of the work is done by women.
These are the societies that give brideprice. Boserup further associates shifting horticulture with the practice of polygamyand hence bridewealth is paid as a compensation to her family for the loss of her labour.
A regular investor looking to invest in the stock market need not look beyond mutlicap mutual funds or diversified equity schemes. These schemes invest across market capitalisation based on the view of the fund manager. mutual funds in india. concept of mutual funds 4 3. importance of mutual funds 7 4. origin of mutual funds in india 9 5. growth of mutual funds industry in india 11 6. types of mutual funds 14 7. pros and cons of mutual funds 21 8. mutual fund and capital markets 23 9. risks involved in mutual funds 23 growth of mutual funds in india The Indian Mutual Fund has passed through three phases. The first phase was between and and the only player was the Unit Trust of India, which had a total asset of Rs. 6, crores at the end of
In plough agriculture farming is largely men's work; this is where dowry is given. Close family are the preferred marriage partners so as to keep property within the group.
Sylvia Yanagisko argues, for example, that there are a number of societies including parts of Japan, Southern Italy, and China, that do not support Goody's claim that dowry is a form of female inheritance of male property.
She notes that Goody's is an evolutionary model in which these historical variables may not be the decisive factors today.
Tambiah Goody's co-author on the earlier "Bridewealth and Dowry"  later argued that Goody's overall thesis remained pertinent in North India, although it required modification to meet local circumstances. He points out that dowry in North India is only partially used as a bride's conjugal fund, and that a large part goes directly to the groom's joint family.
This would initially seem to discount Goody's model, except that in North India, the joint family is composed of the groom's parents, his married brothers and unmarried sisters, and their third generation children.
But when the parents die, and the joint family partitions, this jointly held wealth was then divided among the married sons, such that ultimately, the bride's dowry given to the joint family returned to her and her husband as their "conjugal fund. They argue that a major factor in determining the type of marriage transaction is the type of property controlled by the household.
Bridewealth circulates property and women, and is typical of societies where property is limited. Dowry concentrates property and is found in property owning classes or commercial or landed pastoral peoples. When families give dowry, they not only ensure their daughter's economic security, they also "buy" the best possible husband for her, and son-in-law for themselves.
Daughters did not normally inherit anything from their father's estate. Instead, with marriage, they got a dowry from her parents, which was intended to offer as much lifetime security to the bride as her family could afford. However, bride price almost always became part of the dowry. The return of dowry could be disputed, if the divorce was for a reason allowed under Babylonian law.
He had no say, however, in its ultimate disposal; and legally, the dowry had to be kept separate for it was expected to support the wife and her children.
The wife was entitled to her dowry at her husband's death.Trends and Growth of Mutual Fund in India In the recent times the Indian Capital Market has witnessed new trends, one of them being the spectacular growth of Mutual Funds.
There are more than schemes offered by Mutual Funds, and these funds have mobilized substantial amount of the household savings.
I've read lots of investment books about market and investment strategies. Bogle presents a well written account of the changes that have occurred in recent decades including very high levels of turnover, the inherent conflict between fund managers and their customers, the creation of mutual funds, index funds.
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