Mutual Fund’s Performance

The study has investigated the concept of the mutual funds and the different types of the investment’s funds. It has listed the benefits of the mutual funds and their categories. It also has discussed the different measures that evaluate the performance of the mutual funds; Treynor Index, Sharpe Index, and Jensen Alpha. The study has revealed that there are not critical answers concerning which one of these performance measures is more important for investors to judge the fund’s performance, thus, each measure has its advantages and shortcomings.