Performance Analysis of Select Equity and Debt Oriented Mutual Funds

Private sector mutual funds entered the Indian mutual fund industry after the economic reform in 1991. Consequently, different private asset management companies launched various schemes and by the end of the decade the industry was flooded with different schemes. Against this backdrop, the criteria of selecting mutual fund became more complex in context of accommodating both return and risk measurement. For this reason fund managers are more concern to retain the investors’ confidence. The goal of this paper is to compare the performance of equity and debt oriented mutual fund schemes based on risk- return relationship model and measures.