Comparative Study of Midcap Funds

Midcap Funds have become popular in the recent years with the kind of return it generates compared to that of large cap funds. The study tries to find the relationship between various parameters involved in mutual funds. It also seeks to find explanation for various choices made by the investors on the basis of Assets Under Management, Net Asset Value and Returns. The study uses the statistical tool of correlation to compare five mutual funds. The study concludes that Asset Under Management is a major deciding factor of investment for the investors.