“…Ferro fluids have unique identity because of their remarkable magnetic, optical and electrical properties [5]. The magneto optical properties of ferrofluid has a major role for the development of optoelectronic devices such as optical modulator, optical switches, tunable grating, wavelengthdivision multiplexer,holographic optical tweezers, sensors etc [6,7]. In the absence of an external magnetic field, ferrofluid is optically isotropic; nevertheless, once the external field is added, they display anisotropic behaviour and indicate Linear dichroism, Faraday rotation, birefringence, magneto-optical transmission, and other magneto-optic phenomena.…”