A Study on Performance of Mutual Funds and Investors’ Behaviour in Ahmedabad

An investment is a commitment of funds made with the expectation of some return in the form of capital appreciation. Different investment avenues are available to the investors such as fixed deposits, insurance, post office savings/ national savings certificate, gold/e-gold, bonds, public provident fund (PPF), real estate, shares, commodities, etc. Mutual fund is one of the important investment vehicle that offer good investment prospects to the investors. Mutual fund is a trust that pools the savings of various individuals by issuing units to them and then invests it in various securities such as shares, debentures and bonds as per the stated objectives of the scheme. A sample of 200 open-ended mutual fund schemes have been analysed during the period 01 November, 2015 to 31 March, 2016. Data has been gathered from the official website of Association of Mutual Funds in India, Reserve Bank of India, Security and Exchange Board of India, Bombay Stock Exchange, Value Research and mutual fund companies.