This article focused on investors’ investment decision making towards mutual funds by using of Statistical tools and ratio analysis of mutual fund schemes (tax saving schemes) of selected banks (State Bank of India, Canara Bank-Public Bank, ICICI Bank, HDFC Bank-Private Bank). The objective of this research work is to exploits the use of statistical tools and ratio analysis in terms of financial performance of selected mutual fund schemes through the statistical parameters (Standard Deviation, Beta and Alpha) and ratio analysis (Sharpe Ratio, Treynor Ratio, Jenson Ratio, Information Ratio).The results of the research work concern Among the Open ended-Tax Saving schemes. Based on the findings of the Research work Canara bank performance is higher and useful for the investor to make their investment decision in it. Also the research findings are useful to the Mutual Fund Companies in terms of understand their performance among the mutual fund companies in the market.
Mutual Fund, Open ended schemes, Tax Saving Scheme, Ratio Analysis, Statistical Tools, Investors’ investment decision making
