An Evaluation on Financial performance of selected mutual funds in India

- Harsh Darji, Student, Faculty of Management, GLS University, Ahmedabad

- Devrshi Upadhyay, Assistant Professor, Faculty of Management, GLS University,

Ahmedabad

Abstract:

The growth of mutual funds has been phenomenal. The mobilization of funds by mutual funds has been on the rise since 1964. When mutual fund market was thrown open to the private sector in 1993, the Equity of mutual fund in India has swelled tremendously. The main objective of the study is to Ratio and on that Basis find best scheme in Equity Mutual Fund. Purposive sampling method is used to collect data. There we take 10 equity mutual fund schemes On the basis of their growth in NAV in last 0 years and on behalf of that we select this company. It is inferred that most of respondents give first preference to children education followed by retirement planning. The main factor influencing the pattern of investment are high returns, safety, tax exemption, flexibility, liquidity, diversification of risk, market trend, choice of scheme, reliability and affordability.

Keywords:

Financial Performance, Mutual Fund, India

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