Performance evaluation of selected mutual funds in India

Abstract

Mutual Fund is key Financial Instrument for creating wealth to the investors and growth of the country. Indian Mutual Fund industry is playing vital developmental role in allocating resources in the rising market of country. Mutual funds act as a financial mediator in fund mobilization and investment. The spirit of Mutual Fund is diversified portfolio which reduces the risk. Mutual fund acts as a financial mediator in fund mobilization and investment. The spirit of a Mutual Fund is the diversified portfolio of investment which diversifies and reduces the risk by spreading out the investor s money across diverse types of investments. Return on mutual fund investment directly or indirectly depends on fluctuations coming in the share market. Moreover, public sectors and private sectors both offer various mutual fund schemes. Hence it becomes necessary to study sector wise and scheme wise resources mobilized by Indian mutual fund industry as well as to study the investors opinion about performance of mutual fund and respective services. newline