A Study on Comparative Analysis on the Performance of Sectorial, Multi - Sectorial and Equity Diviersified Mutual Funds

The study entitled a comparative analysis on the performance of sectorial, multi - sectorial and equity diversified mutual funds was done with the primary objectives of analyzing the risk and return associated with these three funds. Each fund will have its own objective and there can be achieved. All investments in mutual funds and securities are subject to market risk and the NAV of the scheme may go up or down depending upon the factor and force affecting the securities market including the fluctuations in the interest rate. The research design used in this study was descriptive method. The major limitations in this study are the equity diversified funds are started too early than that of sectorial and multisectorial funds which were started recently. So the percentage to return will vary. The result of the study is that there is no consistent growth in the return, it varies according to market fluctuation. Hence the past performance cannot necessarily be the indicative of future performance of the scheme.