A Study on Performance Evaluation of Top 5 Leading Mutual Fund Schemes in India

Abstract

Mutual funds are created as a part of an investment which invest in new financial instruments like stocks and bonds. Investing in them allows an investor to gain, bonds or fixed income securities, commodities, etc. Mutual funds function by pooling the cash together from many investors and that cash gets used to buy the stocks bonds and other securities. among many schemes offered by mutual funds companies blue chip schemes are a type of money equity fund, that primarily finance and equity related securities of large cap companies and even large-cap funds are also coined as the blue chip funds. The blue-chip Fund invests in a company that have a reputation for paying a regular dividend. The disturbing profit consistently over a long period and which has a risk return by investing the blue- chip schemes, which are essentially equity funds are known to be the best mutual fund schemes and safest to invest. The research type is descriptive and data source is collected from secondary data by using the sample top 5 blue chip funds in India for five years. The technical measures like have been Sharpe’s, Treynor’s and Jensen’s ratio.