India's Mutual Fund Industry has undergone a significant structural transformation during the past two decades of deregulation. In this context, the performance of mutual fund industry has become an issue of concern to the investors and the policy makers. Several studies have been taken up to evaluate the performance of mutual funds, the problems of mutual funds, portfolio diversification, emerging trends and prospects of mutual fund industry. An attempt is made in this study to assess the growth trends in the public and private sector mutual funds in mobilisation of funds, growth in the...