V. Rajesh KumarManjunatha T.Shruthi M. P.2025-10-132025-10-132022-0910.26573/2022.16.3.5https://ir.chanakyauniversity.edu.in/handle/123456789/160We examine the performance of private and public mutual fund equity schemes in India. We use yearly NAVs of one eighty-nine equity schemes, Sensex and Treasury bill yield for the study period from April 2006 to March 2021. We apply time series plot, Quandt likelihood ratio (QLR) test, cumulative sum (CUSUM) test, compounded annual growth rate (CAGR using Geo-mean), performance measures and comparison with Sensex. The time series plot QLR test shows no structural break in the data and no change in parameter. Further results show no significant difference between private and public sector mutual fund equity schemes.enNAVCAGRSharpeSortino and Time Series PlotTesting of Performance Measures on Mutual Fund Equity Schemes: An Empirical Evidence in Indiatext::journal::journal article