This paper seeks to present a brief overview of the developments in the Indian mutual fund industry since the financial crisis of 2007. The broad developments show that while recovery in the industry post-crisis has been quite robust, a tendency towards risk aversion, akin to a global trend, has...

Exploring the dynamic interaction between investment flows of mutual funds and foreign institutional investors (FIIs), based on post-crisis data, this study finds a strong negative relationship between the net investments by these two classes of institutional investors. Domestic mutual funds are...

The present paper examines the characteristics of return volatilities in the equity market and the index futures market in India. Volatility in the NSE Nifty index and that in its futures market are both seen to exhibit features of mean reversion, volatility clustering and a fair degree of...

In this paper we try to understand the concept of global liquidity and take a preliminary look at its possible impact on emerging economy stock markets like India's. Through most of the paper we follow studies by the Bank for International Settlements (BIS), the European Central Bank (ECB), and...