The Mutual Fund Industry of India has become a significant part of the investment pattern in the country since its origin in 1963. The mutual fund Industry has witnessed a commendable growth on various parameters like introduction of new schemes in the market, mobilization of funds, increase in AUM, Increase in the number of mutual fund houses etc. The industry has played a vital role in channelizing the savings of the household sector. The total asset under management has grown to 23.26 trillion as on April 30, 2018. But the industry still lags behind in channelizing the savings and contributing to the overall financial savings as compared to other countries in the world. This study emphasizes on the performance analysis of the selected schemes of SBI Mutual Fund and ICICI Prudential Mutual Fund. This will help the investors in selecting the scheme as per their investment requirement. The study also attempts to understand the various factors influencing the behavior of investors towards mutual funds particularly in Jharkhand.
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