Funds service providers is the collective term used to describe the parties providing services to a fund/collective investment scheme. Such services providers include: Fund Administrators. Depositaries. UCITS Management Companies. There are many kinds of mutual funds: Equity Funds,Debt Funds,Money Market Funds,Hybrid Funds,Growth Funds,Income Funds.Liquid Funds,Tax-Saving Funds.Over the years, mutual funds have gained popularity as a favoured tool for participating in the capital markets. The vast universe of mutual funds can be overwhelming for investors, but with patience and discipline, it is possible to create a profitable investment portfolio and generate wealth.Underlying merits involved in the mutual fund system are following,

