Performance Evaluation of Mutual Funds in Emerging Markets

This research paper evaluates the performance of mutual funds in emerging markets, focusing on key metrics such as risk-adjusted returns, volatility, and fund management efficiency. With the growing significance of emerging economies in global financial markets, understanding the dynamics and profitability of mutual funds in these regions is essential for investors and policymakers. The study uses Sharpe Ratio, Treynor Ratio, and Jensen's Alpha to assess fund performance. Data from selected mutual funds in India & Vietnam for the period 2019-2023 is analysed. The findings reveal mixed performance, with actively managed funds occasionally underperforming benchmarks. The research underscores the importance of market-specific factors and regulatory environments in shaping fund returns.