A STUDY ON PERFORMANCE OF TYPES OF MUTUAL FUND SCHEMES

FINANCE

Mutual fund is a professionally-managed trust that pools in money from various individuals to invest in securities like stocks, bonds, short-term money market instruments and commodities. The mutual fund is managed by professional fund managers, who buy and sell securities based on thorough market study and understanding. Every scheme launched by the mutual fund has an investment objective comprising: long-term capital growth, regular monthly income or steady returns and more. This is the comparison study on mutual fund schemes including 3 sectors namely, IT, BANKING and STOCK MARKET. There are 5 schemes are selected i.e., ICICI prudential banking and finance fund, RELIANCE banking fund, ICICI prudential technology fund, SBI technology opportunities fund, ICICI nifty index fund. Today the Investor is confused about where to invest, which fund to invest, whether his capital is safe or not. Many sites, like www.crisil.com, www.myiris.com, www.mutualfundsindia.com, www.valueresearchonline.com etc which carry out the performance evaluation of various Mutual Fund schemes and publish their ranking of the schemes in various segments. The data needed for the study has been collected from the secondary data AMFI, INVESTING, MONEY VONTROL website and other related share broking website. Analysis and interpretation has been done by using the financial tools and data’s are presented through tables and charts

This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.