Analysis of Return and Risk-A Study of Selected Balanced Mutual Funds in India

The mutual fund is considered as a readymade diversified portfolio available in the financial market. Mutual funds are able to gather a huge amount of the surplus funds available with the small investors within a short period of time. Mutual fund operation has become an integral part of the Indian financial market. Today numerous schemes launched to meet the diversified needs of investors are being offered by many institutions. In this paper an attempt has been made to study the financial performance of selected balanced schemes of mutual funds based on risk-return relationship.