Mutual fund refers to trust which mobilizing the saving from the investors and invest their money in capital market instrument and government securities. The main objective of this research paper is evaluation of performance of selected equity growth open ended fund schemes of mutual fund in India. The performance of mutual funds is carried out through risk and return analysis, Beta, Standard Deviation, Sharpe Index, Treynor Index and ANOVA. The source of data is association of mutual fund in India. The period of study is 1st Jan 2016 to 31st Dec 2020.The result suggest that most of the mutual fund given positive return during the study period. Mutual fund is finest avenue for investment in capital market.
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Keywords: Beta, Risk Return, Sharpe Ratio, Treynor Ration, ANOVA.
