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Covid 19 or the Novel Corona Virus outbreak in 2020 has disrupted the world and Indian economy. Tourism industry has suffered the most due to this outbreak. The hotel industry stocks have experience an average fall of twenty three percent within a month of the Covid 19 outbreak. With the help of event-study approach, an attempt has been made to analyse the effect of Covid 19 on Indian hotel stock price movements. Six publicly traded hotel and tourism companies experience a steep fall in their stock prices during the Covid 19 outbreak period. On and after the day the World Health Organisation declared Covid 19 a pandemic, Indian hotel stocks exhibited significant negative cumulative mean abnormal returns, indicating a significant impact of the Covid 19 outbreak on hotel stock performance. Empirical finding can enable Businesses to prepare themselves for alternate uses like isolation wards and save themselves from economic plight.

In present study performance evaluation of selected mutual funds is carried out through risk-return analysis, Treynor’s ratio, Sharpe’s ratio, Jensen’s measure and Fama’s measure. The data used in the study is daily closing NAVs for the period from 1st January 2010 to 31st December 2013. The schemes selected for study consist of three public-sponsored, three private-sponsored and three private (foreign)-sponsored mutual fund schemes. The results of performance evaluation measures suggest that out of nine, three schemes namely Franklin India Tax shield-Growth. HSBC Tax Saver Equity Fund – Growth and ING Tax Savings Fund Growth schemes, performs better in comparison to benchmark index according to all the measures applied in the study and among these Franklin India Tax shield-Growth fund is the best performer. Overall it can be concluded that the private foreign companies sponsored mutual fund scheme performance is better than public and private companies–sponsored mutual fund schemes.