STUDY OF RISK OF SELECTED MID CAP EQUITY MUTUAL FUNDS

Indian mutual fund industry is in development period over many years. In the research paper find out risk of selected Mid Cap Equity Mutual Funds. In this study chosen Mid Cap Equity Mutual Funds schemes. Taken 10 Mid Cap Equity Mutual Funds direct plan for the study. The risk of selected Mid Cap Equity Mutual Funds calculated with help of Standard Deviation and Average Return. The average of average annual return of Mid Cap Equity Mutual Funds is 10.85% for the chosen mutual funds. The average annual return is highest 13.04% for Kotak Emerging Equity (Direct Plan) Growth Mid Cap Fund and average annual return is lowest 1.89% for Baroda Mid-cap Fund Plan B (Direct Plan) Growth Mid Cap Fund. The average standard deviation is 22.10 for Mid Cap Equity Mutual Funds. The standard deviation is highest 25.17 for BNP Paribas Mid Cap Fund (Direct Plan) Growth Mid Cap Fund and standard deviation is lowest 18.10 for DSP Midcap Fund (Direct Plan) Growth Mid Cap Fund for the period 2015-19. The above study indication that standard deviation 25.17 is high for BNP Paribas Mid Cap Fund (Direct Plan) Growth Mid Cap Fund so it is very high risky Mid Cap Equity Mutual Fund.