Published Paper Details:

A Mutual Fund is an investment avenue which involves professionals and experts who pools funds from investors in order to invest, here unlike stocks the funds will be spent in diversified portfolio which includes variety of or mix of different asset classes, such as stocks, bonds, cash equivalents, other alternative investments like commodities, and real estate. Mutual funds have become a prominent choice for investors due to their ability to provide diversification, professional management, and accessibility. These funds, managed by experienced professionals, offer a way for individuals to participate in financial markets without the need for extensive market knowledge. Their transparency, variety, and regulatory oversight add to their appeal, while options like systematic investment plans and historical returns make them a compelling choice. Performance Evaluation of Debt Mutual Funds involves assessing the effectiveness and success of the investment vehicles in generating returns. The category of research conducted is Descriptive in nature. The study focuses on the evaluation of Debt Mutual Funds of Macaulay duration, which typically involves analyzing factors such as historical returns, and risks taken by the fund, which is executed using tools such as Alpha, Beta, Standard deviation, Treynor's ratio, Sharpe ratio, and Jensen's ratio.