The goal of the fund is to generate returns for the investors

 Mutual fund industry in India

Mutual Fund companies operate by pooling money from multiple investors to create a large investment fund. The fund is then managed by professional fund managers who invest the money in a diversified portfolio of stocks, bonds, and other securities. The goal of the fund is to generate returns for the investors through the performance of the underlying investments.

Investors in the mutual fund own shares, which represent a portion of the fund's holdings. The value of an individual's shares is determined by the net asset value (NAV) of the fund, which is calculated by dividing the total value of the fund's holdings by the number of outstanding shares.

The mutual fund industry in India is supposed to keep filling from now on. Course of increasing awareness and education about investments, a growing middle class public and the Indian government's efforts to promote financial investment. The Indian economy is projected to keep developing, which could prompt expanded interest for venture items like mutual funds. However, it is also important to note that the mutual fund industry is subject to market fluctuations and regulatory changes, which could affect its development later on.

The mutual fund company earns money by charging fees, such as an annual management fee and/or a sales charge. These fees are deducted from the returns generated by the fund, so they reduce the overall return to the investor.

 NAV stands for "Net Asset Value." In the context of mutual funds, it is the value per share of the fund's holdings. It is calculated by dividing the total value of the fund's assets (excluding liabilities) by the number of outstanding shares.