A Comparative Analysis of Selected Mutual Funds in India

Mutual funds as an investment vehicle have gained immense popularity in the current scenario, which is clearly reflected in the robust growth levels of assets under management. The Indian mutual fund industry is passing through a transformation. The Indian Mutual Fund Industry has witnessed strong growth in recent years. However, to gain significant share in the overall savings pie, the industry focus on the facets that will drive value creation for all the investor. In general Indian mutual funds market is expected to grow at a CAGR of 14.97% by 2020. Huge potential for financial savings as well as technological advancement are expected to drive the next era of growth. However, despite this growth, penetration levels in India are low as compared to other global economies. The main objective of the study is to evaluate the performance of selected mutual funds. The statistical parameters adopted for the studies are the Standard Deviation, Beta, Alpha, Sharpe Ratio and R-Squared. Thus the findings of the study will helps to make a rational decision and guide the investors about using mutual funds as a tool for financial goals rather than as just mere investments.