02173nam a22002537a 4500 20240305165534.0 cr|||| |||| 190919s2019 in |||||s|||| 00||0 eng d 9786139453368 29663 vLex 9600 9600 Kothapalli, Madhava Rao Performance Evaluation of Mutual Funds [Recurso electrónico] / Madhava Rao Kothapalli Servicio en línea Nueva Delhi: Lambert Academic Publishing, 2019 1 recurso electrónico This book intended to create an awareness in young Commerce and Financial Management Students especially students who deserves to become an expert finance manager in small and medium size organisations as well as independent auditors to support start up organisations. This will also highlight the usual gaps occurring during the financial year end. Mutual fund in America is basically the concept of Unit Trust of Britain. In U.S.A. mutual funds have come a long way since March 21, 1924 when the first fund, ‘Massachusetts Investment Trust’ was organised for the professors of Harvard University and offered shares to the public in 1926. But it was Sherman L Adams, the father of modern mutual fund, along with Charles Learoyd and Ashton Carr established a modest portfolio of 45 common stocks worth USD 50,000*. The crash of stock markets in 1929 led to the demise of many close-end funds. By 1930’s, 920 mutual funds were formed in U.S.A. and most of them were close end. In Canada, the Canadian Investment Fund was the first to be set up in 1932 followed by Commonwealth International Corporation Limited and Corporate Investors Limited. Disponible solo en los productos indicados vLex Global vLex Global (Academic Edition, excluding Law Schools) vLex Global (U.S. Academic Edition, Law Schools) vLex Global (U.S. Academic Edition, excluding Law Schools) vLex Global (Academic Edition, Law Schools) Derecho Público y Administrativo India vLex Libros (Servicio en línea) https://app.vlex.com/#/sources/29663 RAA 0 0 0 0 VLEX 325804 BD-UIN BD-UIN 2024-03-05 0 29663 2024-03-05 2024-03-05 RAA 167837 167837