Performance Evaluation of Selected Mutual Fund Scheme’s In India

International Journal of Research in Commerce, Economics and Management, Volume 8, Issue 5, May 2018

7 Pages Posted: 1 Apr 2019

See all articles by Akshay Sakharkar

Akshay Sakharkar

Goa University - Department of Commerce, Students

Date Written: May 05, 2018

Abstract

Mutual fund plays a crucial role in the Indian economy. Mutual funds are considered to be the vehicle for mobilization and channelization of savings from individual investors to towards the various capital market instruments. Evaluation of the performance of mutual funds particularly is of a great interest to the researcher across the world. The study attempts to evaluate the past performance of selected open-ended equity funds. The study is based on the secondary data restricted for a period of one year i.e. from 1st January 2016 to 31st December 2016. To analyze the performance of selected mutual funds which are open-ended equity funds four conventional or unconditional methods of performance evaluation are used. They are Sharpe’s Ratio, Treynor’s Ratio, Jensen’s Measure and Information Ratio. Investors today’s have a wide range of investment avenues available and choosing one of them is a quite horrifying task for any investor. Every investment has its own characteristics in terms of risk with while choosing a best fund to park the resources is a crucial task for any investor certain predetermined developed and widely accepted models and techniques are available to determine the performance of funds and make decision of investment. The present paper aims at throwing light on such model and helps to analyze funds in terms of risk-return analysis.

Keywords: Risk-return, Beta, Alpha, Net Asset Value, Performance, Benchmark

JEL Classification: G20, G21, G22, G23, G24, G29

Suggested Citation

Sakharkar, Akshay, Performance Evaluation of Selected Mutual Fund Scheme’s In India (May 05, 2018). International Journal of Research in Commerce, Economics and Management, Volume 8, Issue 5, May 2018, Available at SSRN: https://ssrn.com/abstract=3344240

Akshay Sakharkar (Contact Author)

Goa University - Department of Commerce, Students ( email )

Panaji
India

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