EMPIRICAL INVESTIGATION ON MUTUAL FUNDS AND THEIR INFLUENCE DUE TO INTERATIONAL ECONOMIC EVENT

The study is defined to find the relationship between two factors- ? Mutual funds ? Winding up of stimulus programme by Central American Bank in an International economic event held on 20th June 2013, on the recommendations of US Federal Chief, Ben Bernanke. The paper explains the concept of mutual funds and the importance of their contribution towards economy. According to SEBI guidelines, the main objectives are to protect the interest of the investors in securities and to promote the development of and regulation of securities market. The research further evolves and explore if there would be a significant difference between average performance of various five star mutual funds NAV before and after the occurrence of the event or NOT. With various statistical tools and techniques applied with reference to secondary data, obtained by mutual funds, fact sheets and magazines , the research is designed to analyze the assistance provided to investors in taking decisions where and what to invest in, including strategies of making best optimization of their savings