Mutual Fund Performance Analysis: A Comparative Study on Equity Large Cap and Mid Cap Schemes

The remarkable growth in Indian mutual fund industry in the recent years can largely be endorsed to reasons such as product innovations, investors’ education, multiple distribution channel, inclusive regulatory policy etc. The impetus behind mutual fund investment is the diversification and the return in the form of capital appreciation along with interest or dividend. Mutual funds would be one of the major instruments of wealth creation and wealth saving in the years to come, giving positive results. Evaluating the historical performance of mutual funds is important both for investors as well as portfolio managers. It facilitates the investor to know how much return it has generated at a given risk level. In addition the investor can also compare the performance of different fund managers. The research paper examines the performance of various large cap and mid cap mutual funds in order to guide prospective investor who is interested in investing in Mutual Funds.