Journal
| Title | A Comparative Study of Different Mutual Funds Schemes’ Performance in India through Sharpe Index Model | |
| Author's Name | S. M. Tariq Zafar, D. S. Chaubey and S. M. Hasan | |
| ISSN | 0974-7281 | |
| Page(s) | 1-21 | |
| Volume No. | 3 | |
| Issue Month | july 2011 | |
| Keywords | AMC, AMR, Index, Mean, MF, NAV, Risk, S.D, SIM, St, Volatility. | |
| Abstract | In the present growing and challenging business environment, the investment avenues have been changing rapidly. Capital markets which are the barometers of the economy and represent the macro economic affairs of the nation also change accordingly, depending upon economic circumstances and investors risk taking behavior. There are numerous factors which affect the performance of the market time to time. Every investor likes to invest in that stock which may give them maximum return with lesser or no risk. They have considerations of the market factors like company goodwill, government policies, economies of scales and the trend in a particular sector. Thus they want to invest in those safe portfolios which would give them better output and mutual fund is one of those safe avenues. This study has been carried out with an objective to know the performance of mutual fund schemes by analyzing the NAV and their respective returns. For this purpose fifteen most preferred public and private sector mutual fund schemes have been taken randomly as sample size. The first part of paper provides a necessary insight about the mutual fund. The second part consists of data and their analysis, data collected from various websites and manuals which produced sufficient result which helps in choosing the best portfolio to get maximum return with minimum risk. It has been witnessed that the evaluation of mutual fund performance is easy through Sharpe Index Model (SIM). It helps in identifying the best performing and worst performing fund among the various mutual fund schemes. The evaluation of Sharpe Index Model helps an investor to decide which mutual funds are performing well and which are not. The data has been analyzed with the help of Sharpe Index Model which provide information on return and risk associated with fund. |
<< Go Back to the List
