Abstract
The reforms in the financial sector and many developments in Indian money market and capital market have made Mutual Funds as an important portal for the investors to invest their savings in different schemes. The revolution in the development of communication technology also has become so advanced which acts as a link between the issuers of financial instruments and the global investors. Hence mutual funds became a most appropriate investment avenue for individual investors as it offers the advantage of professional management of money, portfolio diversification, reduced transaction cost and liquidity. An attempt has been made to analyse the performance of different ICICI Prudential mutual fund schemes which has been included in the sample during the study period of 2017–18 consisting of 12 months. In order to achieve the pre-determined objectives, an analysis has been made to compare these schemes with the market on the basis of risk and return.
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