Studies on genetic variability, heritability and genetic advance were carried out among twenty genotypes of chrysanthemum for characters to identify genotypes to be used in breeding programme. The results showed high phenotypic and genotypic co-efficient of variation for traits like number of flowers per plant (GCV = 49.33; PCV = 49.34) and flower size (GCV = 37.40; PCV = 37.43). The high heritability values were obtained for all the characters. In high heritability estimate coupled with high genetic advance as per cent of mean was observed for number of flowers per plant (101.61), flower size (76.97) and number of primary branches per plant (55.82). It was observed that heritable variability in the breeding materials characters like number of flowers/plant, flower size and plant height after full bloom could be exploited for improvement through crop breeding programme.