From a newbie perspective, this book provides a nice introduction to the mutual fund. It explains the various terms and entities involved in mutual fund and how they fit together as a whole. The chapters about taxation, scheme classification and loads are instructive.
Some chapters discuss the quantitative calculation of risk, return and risk adjusted returns. I am unsure of the target audiences of these chapters as the methods are not discussed in depth. It mostly explains the how part, not the why part.
It's not for beginners also the book is not written in a readable manner. Many part of the book has excerpts from famous books like the intelligent investor, etc. Everything is written in points which makes it boring. Hopefully you would consider purchasing this only after not finding any other choice