• Mahesh K.M
• Arabhi Krishna K.A

Mutual fund provides a readymade option to households for portfolio diversification as well as relative risk aversion through collecting and investing their savings in different risk-return profile instruments. Its performance depends on the performance of underlying portfolio. If one or more schemes perform badly in the portfolio, that can effect or hurt the investment decisions of investors and may get them out from the scenario of wealth creation process. For saving investors’ money from such a hazard, it becomes necessary to evaluate the performance of mutual fund portfolio so that investors can take/judge their investment decisions rationally. This evaluation would help in checking the prime idea of “putting all eggs in different baskets” behind mutual funds and guessing that how far this idea is doing well for investors. Therefore, our study has attempted to evaluate the comparative performance of public and private sector mutual fund schemes the Indian Mutual fund Industry has witnessed a structural transformation during the past few years. Therefore it becomes important to examine the performance of the mutual fund in the changed environment. Different investment avenues are available to investors. Mutual fund also offers good investment opportunities to investors. Mutual funds are device for pooling and investing money in a wide variety and number of securities, to obtain portfolio diversification and management efficiency in other words, Mutual funds are non-banking financial intermediaries, which act as matchmakers bringing together the saving and investment opportunities. Mutual fund units provides to the investors in accordance with quantum of money invested by them. Investors of mutual funds are known as unit holders. The profits of losses are shared by investors in proportion to the investments. The Mutual funds normally come out with a number of schemes with different investment objectives which are launched from time to time.

Intermediaries, Portfolio, Investment, Diversification, Risk

"Evaluation of Mutual Fund ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 6, page no.315-318, June 2019, Available :http://www.jetir.org/papers/JETIR1908200.pdf

"Evaluation of Mutual Fund ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 6, page no. pp315-318, June 2019, Available at : http://www.jetir.org/papers/JETIR1908200.pdf