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Mutual Fund industry in India has emerged as the most dynamic segment of the Indian financial system. Mutual Funds play extremely crucial role in Indian economy. They are for mobilization and channelization of savings from individuals and households towards the capital market. The Mutual Fund industry grew by leaps and bounds during the last few years. Mutual Funds have shown a tremendous growth in the quantum of their assets under management over the last few years. A Mutual Fund is type of Investment Company that collects the money from investors and collectively invests in stocks, bonds, or money market instruments. Mutual Funds offer several benefits to the investors like diversification, professional management, tax benefits, transparency, liquidity... Each Mutual Fund is managed by a fund manager, who is using his investment management skills and necessary research work ensures much better returns than what an investor can manage on his/her own. With the excess number schemes available for the investors to choose, it becomes essential for retail investor to know the performance of the Mutual Funds in order to make better informed decision and make a choice.
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