A Brief Analysis of Performance and Persistence of Selected Mutual Fund Schemes

Any study of financial markets during a financial crisis always gives important findings. The time period in this study includes the time period which went into the making of the U.S. financial crisis. It analyzes the trend and tries to study the performance as well as persistence in performance. In this paper the performance evaluation of Indian mutual funds is carried out using certain tertian traditional and modern techniques. The objective of the paper is dual, first to analyze the performance and persistence in mutual funds and second, to be used as a case for understanding the technical concepts related to performance in investments