• KRISHNA SAMADDAR

Mutual fund is trust that pools the saving of large number of investors who share a common financial goal. Mutual funds have become a wildly popular and effective way for investor to participate in financial markets. Investors invest into different securities like shares bonds and short term securities like certificate of deposit. Commercial paper etc. and commodities. Mutual funds are one of the best investments procedures because they are very cost efficient and very easy to investment. The mutual fund industry in India began with setting up to the Unit Trust of India (UTI) in 1964. Indian mutual fund industry has grown tremendous over the last two decade. The present paper investigates the performance of open ended growth oriented to 10 equity mutual fund schemes fir the period from, April 2017 to march 2018. Monthly closing NAV of different scheme have been used to calculate the returns from the fund schemes. Nifty 50 has been used for market portfolio. Various performance measures like sharp measure, Treynor measure and Jensen alpha is being used to compare the performance. The study finds that overall all the schemes provide higher and better average return than the market HDFC small cap fund is the best performer with higher return and lower risk is good for investors.

Mutual fund, Return, Net Assets Value (NAV), Sharp ratio, Treynor ratio, Jensen alpha.

"A Study on Performance evaluation of Mutual Funds in India", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.5, Issue 7, page no.475-481, July-2018, Available :http://www.jetir.org/papers/JETIR1807791.pdf

"A Study on Performance evaluation of Mutual Funds in India", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.5, Issue 7, page no. pp475-481, July-2018, Available at : http://www.jetir.org/papers/JETIR1807791.pdf