• G. Ramanjaneyulu,
• Dr. S. Raghunatha Reddy

Mutual funds have emerged as one of the most preferred investment avenues, offering diversified exposure and professional management. This study evaluates the performance of selected Banking and PSU Debt Mutual Funds in India, specifically HDFC, SBI, Sundaram Banking, ICICI Banking, and Bandhan Banking. The research aims to assess the risk-return profile of these funds, compare their performance with the market index (Sensex) and the risk-free rate, and analyze their risk-adjusted performance using key financial metrics such as the Sharpe Ratio, Treynor Ratio, and Jensen’s Alpha.The study covers a five-year period from January 1, 2019, to December 31, 2024. To ensure a comprehensive analysis, various statistical tools, including the Treynor Ratio, Average Return, Standard Deviation, Beta, Variance, Covariance, Mutual Fund Sharpe Ratio, Market Sharpe Ratio, and Coefficient of Determination (R²), are utilized. The research methodology involves the use of Excel for data computation and ANOVA Test (Analysis of Variance) to determine the statistical significance of differences in mutual fund performance. The findings of this study will provide valuable insights for investors, fund managers, and policymakers, enabling them to make well-informed investment decisions. By examining the risk-adjusted returns of Banking and PSU Debt Mutual Funds, this research aims to enhance understanding of their effectiveness in portfolio diversification and wealth creation.

Mutual Funds, Banking & PSU Debt Funds, Risk-Return Analysis, Sharpe Ratio, Treynor Ratio, Jensen’s Alpha, Market Index, Sensex, Risk-Free Rate, ANOVA, Investment Performance

"Performance Evaluation of Mutual Funds in India: A Focused Study on Selected Banking & PSU Debt Funds", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.12, Issue 3, page no.36-45, March-2025, Available :http://www.jetir.org/papers/JETIRGU06008.pdf

"Performance Evaluation of Mutual Funds in India: A Focused Study on Selected Banking & PSU Debt Funds", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.12, Issue 3, page no. pp36-45, March-2025, Available at : http://www.jetir.org/papers/JETIRGU06008.pdf