Multifactor Model For Assessing The Performance Of Mutual Funds

Abstract

The mutual fund section has increased dramatically over the past 20 years. The relevance of the Indian equity fund business has benefited from the rise in the no. of schemes and the increased fund mobilisation in recent years. Large funds, mid funds, and small funds are among the several plans offered by mutual funds, making it challenging for investors to select the best plan from the wide range of possibilities. The performance analysis of mid-cap mutual fund schemes, which assist investors in making decisions depends on risk and returns in the present, was the specific emphasis of this study. Several tools, including annual returns, standard deviation, beta, Shаrрe's ratio, and Treynor's ratio is used to analyse these mutual funds.