Performance Appraisal of mutual Funds a Study of Selected Mutual Funds in India

Abstract

newline Mutual funds have emerged as vital financial institutions that play a critical role in newlinemobilising savings and channelling them into capital markets, thus contributing newlinesignificantly to economic growth. In an era marked by market volatility, mutual funds are newlineincreasingly seen as transparent and affordable investment vehicles, attracting substantial newlineinvestor interest and fostering industry expansion. The Indian Mutual Fund Industry, in newlineparticular, has experienced remarkable developments and innovations since its inception newlinein 1964. This research study primarily focuses on the financial performance of open-ended newlineequity mutual funds in India over a ten-year period from April 2012 to March 2022. The newlinestudy also evaluates the growth and development of the Indian mutual fund industry, which newlinehas become an essential component of the Indian financial market. Equity mutual funds newlineprovide small and common investors with access to the benefits of equity investments by newlineoffering a balanced portfolio and technical market expertise.