Framework for the evaluation of equity mutual funds

Abstract

Investor has a daunting task in deciding the best avenue for investing his hard earned money. He has to constantly monitor the returns from his investments, while keeping in view the risk associated with the same. Many a times even the most experienced of investors fail on this front. The task is more arduous for a novice investor. Thankfully for such investors, Mutual fund has provided more convenient avenue for investing their income. These funds, through their professional management, are supposed to maximize the returns for the investor at a minimum risk. They are becoming increasingly popular among investors. The question is, have they provided all that they promise to the investor? This project provides a frame work for analyzing the performance of a mutual fund on comprehensive basis