Published Paper Details:

In recent year there were two major time frames when stock market had shown negative movement and also mutual fund asset under management was also affected. One time frame was 2007-08 rescission when market was crashed almost every investor have lost their money and same happened again in 2019-20 when covid-19 hits the market in this time also many big as well as small investors lost their fund, economic growth was negative and GDP also went negative. This study is based on Secondary Data which is collected from National Stock Exchange (NSE) for nifty and for Mutual funds it is collected from official website of Association of mutual fund of India (AMFI). Descriptive Analysis Technique has been used to analyze the Data and Correlation technique has been used to determine the relationship between the Indian Stock Index. Through this study we tried to correlate performance of NSE in 2007-08 recession with covid-19 recession. Also, so we determined the pattern of return of mutual fund as well as Indian stock market for both time frame 2007-08 and 2019-20.