During recent years, the Indian financial sector has undergone revolutionary changes and has become broad based
with size and resources so as to meet diverse needs of the economy. Mutual funds are becoming attractive avenue for investors
because of various benefits attached to them. Due to lack of professional expertise and knowledge about capital market and also
pros and cons of investment, the small investors hesitate to invest their hard earned money in corporate securities. Common man
may hesitate to invest in corporate securities directly, however, during COVID 19, large number of demat accounts have been
opened. Thus, a mutual fund is the suitable investment for common man as it offers an opportunity to invest in diversified,
professionally managed avenues for securities at the lowest cost. In this research paper an attempt is made to analyse the
performance of the growth oriented direct equity mutual fund schemes on the basis of risk and return analysis especially with
reference to COVID 19.
