Download This PaperClassifying Mutual Funds in India: Some Results from Clustering
Indian Journal of Economics and Business, Vol. 6, No. 1, pp. 71-79, 2007
9 Pages Posted: 14 Sep 2007 Last revised: 22 Aug 2022
Abstract
This paper attempts to classify hundred mutual funds employing cluster analysis and using a host of criteria like the 1 year total return, 2 year annualized return, 3 year annualized return, 5 year annualized return, alpha, beta, R-squared, sharpe's ratio, mean and standard deviation etc. The data is obtained from Valureserachonline. We do find evidences of inconsistencies between the investment style/objective classification and the return obtained by the fund.
Keywords: mutual fund, style, cluster
JEL Classification: G2
Suggested Citation: Suggested Citation
Sidana, Gajendra and Acharya, Debashis, Classifying Mutual Funds in India: Some Results from Clustering. Indian Journal of Economics and Business, Vol. 6, No. 1, pp. 71-79, 2007, Available at SSRN: https://ssrn.com/abstract=999856
Do you have negative results from your research you’d like to share?
Feedback
Feedback to SSRN
If you need immediate assistance, call 877-SSRNHelp (877 777 6435) in the United States, or +1 212 448 2500 outside of the United States, 8:30AM to 6:00PM U.S. Eastern, Monday - Friday.