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The IUP Journal of Applied Finance :
Performance of Mutual Funds in India: An Empirical Evidence
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For the purpose of participating in the stock market, the people who do not have the time or perhaps the expertise to take direct investment decisions in equities successfully, the option they have is to entrust the hard earned money to the professionals who drive the mutual funds. The question, amidst such a vague situation that looms large in the minds of the investors is upon whom an average investor should rely. Or else, what should be the criteria to distinguish better mutual fund from the other, from investment point of view. The way out available is to compare the performance shown by different mutual funds that provides an edge to one fund over the other.

 

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