A Study on Performance Evaluation of Mutual Fund with Reference to Axis Mutual Fund

The mutual fund Axis Equity are reviewed in detail with a brief introduction of the fund houses itself. A mutual fund is a trust that pools the savings of a number of investors who share a common financial goal. The money thus collected is then invested in capital market instruments such as shares, debentures and other securities. The objective are be used to performance mutual funds In this research paper an attempt is made to analyze the performance of the growth oriente equity diversified schemes on the basis of return and risk evaluation. The analysis was achieved by assessing various financial tests like Average Return, Sharpe Ratio, Treynor Ratio, Standard Deviation, Beta and Coefficient of Determination The data has been taken from various websites of mutual fund schemes and from amfiindia.com. The analysis depicts that majority of funds selected for study have outperformed under Sharpe Ratio as well as Treynor Ratio. The tools are used mutual funds are index and statistical method. Dr. R. Maheswari | R. Dineshkumar "A Study on Performance Evaluation of Mutual Fund with Reference to Axis Mutual Fund" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-3 | Issue-6 , October 2019, URL: https://www.ijtsrd.com/papers/ijtsrd29258.pd