AN EMPIRICAL STUDY TO ANALYZE THE RISK AND RETURN OF SELECTED EQUITY MUTUAL FUNDS OF INDIA

Abstract

Mutual fund is a trust that pools the savings of the investors to make an incursion into investment in the capital market thereby making investors part owners of the assets. In this paper the study has been made to evaluate the performance of the top five equity diversified mutual fund scheme and their performance are evaluated by selecting 10 years secondary data (2013-2023) Of the top five mutual fund companies’ scheme (HDFC top 100, ICICI Pru Blue-chip fund, SBI Blue-chip Fund, Nippon Ind Large Cap Fund, Kotak Blue-chip fund). The performance of the selected schemes is evaluated by comparing the risk and return analysis using annualized return, Deviation, Sharp ratio, alpha factor and beta factor.