The Performance Analysis of ICB Mutual Funds: A Study on Investment Corporation Of Bangladesh

Abstract

We know that the growing growth in the economic welfare of the people of Bangladesh depends on the rapid industrialization of the country, for which Bangladesh will have to start greater industrialization, but the credibility of the country's industrial development depends largely on dependable invisible surplus. Although the source of invisible surplus is absorbed by words and absence of active market capitalization, special use or unnecessary use. An effective capital market can only ensure effective and best conversion convergence in productive investment. In this case, the ICB market is stable and it has played a deployment role since the very beginning. ICB activities are important for the development of the capital market of Bangladesh, which is very important to speed up the industrial development. In Bangladesh, ICB investors and the capital market have achieved growth in mutual funds. In total mutual funds, ICB and its subsidiaries have launched 23 mutual funds in the market. ICB Unit Fund is an open ended mutual fund. Performance was not satisfactory in 2011-2011, because net profits were 30.33% after that year's tax. The capital market was rarely but the next five years, 2012-2013, 2013- 2014, 2014-2015, 2015-2016 and 2016-2017 were 101.19, 111.63 and 21.05% after the results were outstanding results respectively. The scope of opportunity for Bangladeshi investors is very narrow and inadequate. However, this state plays a positive role as the Investment Corporation of Bangladesh (ICB) state-owned investment bank. Fund management is an important and complex element for the development of the capital market. Small and medium investors have a large amount of local capital and comparatively less use of such funds is a major problem in our country.