Main Article Content
Abstract
Financial planning and investment is an important decision various political and economic conditions in the world, Various factors like inflation, age income, purchasing, risk, , power has a major role in investment choice of an individual. One of the most prevalent modes of investment is in the method of mutual funds with passing time mutual fund industry in India has been steadily increasing tremendously awareness has to be improved at risk taking abilities of investors. After GLP of Indian policies there is much more increasing investments by foreign individuals and companies in way of FDI and FII, thus invite fundamental study for better future and growth aspects to be studied and to understand. This paper aims to know how the performance of mutual funds is evaluated and ranked after examining the NAV and their relevant returns so as to measure investment avenues. For the purpose eight public and private sector large cap equity diversified growth schemes over a period of three year viz.20015-18 have been taken through judgment sampling and Yield on 10 yr. govt. bond has been taken for the risk free rate of return viz.7.56% p.a. First portion of paper includes a necessary understanding about the mutual fund. The second portion includes of economic analysis. It’s an empirical study affirming the ranking & assessment of funds based on two ratios namely, Treynor’s& Sharpe’s. The study shaped sufficient information of risk and return a complied with fund and their rank depending on their performance.