Quantitative Analysis of Indian Mutual Funds: Equity Schemes

Authors

  •   S. Prakash Research Scholar, SRM University, Kattankulathur - 603 203, Tamil Nadu
  •   C. Sundar Research Supervisor, Professor, and Head School of Management, SRM University, Ramapuram, Chennai, Tamil Nadu

DOI:

https://doi.org/10.17010/ijf/2014/v8i10/71846

Keywords:

Mutual Fund

, Risk-Return, Sharpe Ratio, Treynor Ratio, Jensen Ratio, Beta

G110

, G120, G170

Paper Submission Date

, December 17, 2013, Paper sent back for Revision, February 4, 2014, Paper Acceptance Date, May 12, 2014.

Abstract

Mutual funds are an integral part of the stock market, which have become an investment avenue for a large number of investors in recent years. There are a number of investment opportunities available to an investor. Each of these investments has its own risk and return features. The present study was conducted to evaluate and compare the performance of equity mutual fund schemes of selected companies (HDFC, ICICI, and Franklin Templeton).

Downloads

Download data is not yet available.

Downloads

Published

2014-10-01

How to Cite

Prakash, S., & Sundar, C. (2014). Quantitative Analysis of Indian Mutual Funds: Equity Schemes. Indian Journal of Finance, 8(10), 20–32. https://doi.org/10.17010/ijf/2014/v8i10/71846

Issue

Section

Articles

References

Anand, S., & Murugaiah, V. (2006). Analysis of components of investment performance - An empirical study of mutual funds in India. DOI: http://dx.doi.org/10.2139/ssrn.961999

Association of Mutual Funds in India (AMFI) (2013). AMC wise data on folios. Retrieved from http://www.amfiindia.com/research-information/aum-data/amc-wise-data-on-folios

Bombay Stock Exchange. (2013). S & P mid cap - equity funds data (2013). Retrieved from http://m.bseindia.com/Sensex.aspx?Scripflag=59

Fund details (2013). Retrieved from http://www.valueresearchonline.com/funds/ fundSelector/ default.asp? cat=23&exc=close

Moneycontrol.com (2013). Portfolio data. Retrieved from http://www.moneycontrol.com/portfolio_plus/sso/ portfolio_signup.php

Mutual fund data. (2013). Retrieved from http://www.mutualfundindia.com/Images/ Research/PdfPaths/4d79c56351dd4a6180e4b2876eb01db7HDFC%20Equity%20Fund%20-%20Growth.pdf

Panwar, S., & Madhumathi, R. (2006). Characteristics and performance evaluation of selected mutual funds in India. DOI : http://dx.doi.org/10.2139/ssrn.876402

Rama Krishna, Y. (2012). Short term performance persistence of open ended equity funds: Indian evidence. Indian Journal of Finance, 6(1), 25 - 31.

Rao, D. N. (2006). Investment styles and performance of equity mutual funds in India. DOI : http://dx.doi.org/10.2139/ssrn.922595

Rao, V. K., & Daita, N. (2013). Fundamental factors influencing investments in mutual funds The EIC Approach: A case study of RCAML. Indian Journal of Finance, 6 (6), 4 -13.

Sapar, N. R., & Madava, R. (2012). Performance evaluation of Indian mutual funds. DOI : http://dx.doi.org/10.2139/ssrn.433100

Selvam, M., & Palanisamy, B. (2011). Analysis of risk and return relationship of Indian Equity (dividend) mutual fund schemes. DOI : http://dx.doi.org/10.2139/ssrn.1862214

Sharpe, W. F. (1966). Mutual fund performance. Journal of Business, 39 (1), 119-138.

Treynor, J. (1965). How to rate management of investment funds. Harvard Business Review, 43, 63-75.

Vyas, R., & Moonat, S. C. (2012). Perception and behaviour of mutual funds investors in Indore, Madhya Pradesh. Indian Journal of Finance, 6 (8), 36 - 42.