PERFORMANCE EVALUATION OF EQUITY BASED MUTUAL FUNDS IN INDIA

This paper examine the performance of fifteen equity based mutual fund schemes from1st April,2011 to 31st may, 2016 for India.). We accumulate monthly NAV for calculate returns of different schemes . Its performance depends on the performance of underlying portfolio. If one or more schemes perform badly in the portfolio that can affect the investment decisions of investors may get them out from scenario of wealth creation process for saving investors' money.Evaluation of performance of mutual portfolio is necessary, it helps to the investors for taking rational decisions. . This study evaluate performance of selected mutual fund schemes using Sharpe and Treynor's ratio, and sensitivity to the market fluctuation in terms of beta.