Performance of Indian mutual fund schemes

Abstract

Risk, diversification, features of investment avenues, and tax benefit are the factors considered by the investors in their decision making. The convenience of investing in small proportions and tax benefits attracts the investors towards mutual fund investments. The studies prove that market timing ability of fund managers drives the mutual fund scheme performance. This assessment of the above factors would help to the investors in their choice of mutual funds. 36 Indian Mutual Funds Schemes were assessed using the Sharpe, Treynor, Jensen’s measure from January to June 2019. L&T Liquid Fund -Direct (Growth), L&T Low Duration Fund-Growth and Edelweiss Large Cap Fund - Direct (Growth) performed well.