The current study used an Augmented Block Design to analyses 50 wheat genotypes (segregating population) and 5 controls at the research farm of the Department of Genetics and Plant Breeding, School of Agriculture, Lovely Professional University, Phagwara, Punjab. The present study revealed that the phenotypic coefficient of variation was higher than the corresponding genotypic coefficient of variation for all the traits which might be due to interaction of the genotypic with the environment to some degree or other explaining environmental factors influencing the expression of these characters. High heritability coupled with high genetic advance was observed for number of productive tillers per plant, number of spikelets per ear, ear weight, number of ears per plant, number of grains per ear, test-weight, biological yield per plant, harvest index, grain yield per plant. Both phenotypic and genotypic correlation when analyzed, days to 50% heading, plant height, number of productive tillers per plant, number of ears per plant, days to maturity and harvest index have shown significantly positive correlation with grain yield per plant. In present study, Path co efficient revealed that among fourteen characters, ten characters have shown direct positive effect on grain yield per plant which are number of productive tillers per plant, number of spikelet’s per ear, ear length, biological yield per plant and harvest index, days to maturity, plant height, ear weight, number of ears per plant, test-weight and four characters have shown direct negative effect on grain yield per plant which are days to 50% heading, chlorophyll content, canopy temperature and number of grains per ear.