Hypothesis: Mutual funds give low

Sr. No. 1 2
Mutual Funds Axis Long Term Equity Fund Mirae Asset Tax Saver Fund
2019 15.34 -7.61
2018 3.27 14.24
2017 37.44 -1.45
2016 -1.23 47.88
2015 6.17 14.55
Average 12.198 13.522

Sr. No. 1 2
Banks Ujjivan Small Finance Bank Lakshmi Vilas Bank
2018-19 (1 year) 8.00 6.75
2017-18 (2 years) 8.00 6.75
2016-17 (3 years)  7.50 6.50
2015-16 (4 years) 7.00 6.50
2014-15 (5 years) 7.00 6.50
Average 7.5 6.6
esis: Mutual funds give lower returns than FD

3 4 5
LIC MF Tax Plan 1997 Canara Robeco Equity Tax Saver JM Tax Gain Fund
12.28 15.89 16.9
-0.71 4.13 -4.62
37.28 31.37 39.49
2.64 1.29 9.56
-3.81 -0.59 -3.11
9.536 10.418 11.644

3 4 5
IDFC First Bank RBL Bank AU Small Finance Bank
7.50 7.20 7.01
7.25 7.25 8.10
7.25 7.00 7.53
7.25 7.00 7.77
7.25 7.15 7.30
7.3 7.12 7.542
Average of averages

11.4636

Average of averages

7.2124