This paper presents performance features of Symmetric and Asymmetric Cascaded Multilevel inverter. Both the Phase shifted and level shifted multicarrier pulse width modulation (MCPWM) technique are used in MLI. The best harmonic performance is improved by Level-shifted multicarrier modulations technique . The objective of this work to propose MCPWM Technique for multilevel inverter with equal and unequal DC sources. The Performances indices like Total Harmonic Distortion (THD), reduction of switches and number of DC Sources is considered. An appropriate method to achieve the MC modulation technique is also presented in this paper.