The Indian mutual fund industry has become a key financial intermediary, channelizing household savings into productive investments through growing retail participation, asset expansion, product innovation, and evolving regulations.An Empirical Assessment of Mutual Fund Performance in India evaluates selected open-ended mutual fund schemes using risk-adjusted measures such as the Sharpe and Treynor Ratios, emphasizing returns relative to risk. The book combines theoretical foundations with empirical analysis, covering the historical evolution, types, functioning, risks, and regulatory framework of mutual funds in India.It serves as a reference for students, researchers, academicians, professionals, and investors seeking insights into mutual fund performance and capital market efficiency.