Academic Journals Database
Disseminating quality controlled scientific knowledge

COMPARITIVE STUDY OF SELECTED EQUITY - DIVERSIFIED MUTUAL FUND SCHEMES

ADD TO MY LIST
 
Author(s): Deepika Sharma | Poonam Loothra | Ashish Sharma

Journal: International Journal of Computer Science and Management Studies
ISSN 2231-5268

Volume: 11;
Issue: 01;
Start page: 15;
Date: 2011;
VIEW PDF   PDF DOWNLOAD PDF   Download PDF Original page

Keywords: Alpha | Beta | Standard Deviation | Sharpe’s Index

ABSTRACT
With the plethora of schemes available in the Indian markets, aninvestors needs to evaluate and consider various factors beforemaking an investment decision. The present investigation is aimedto examine the performance of safest investment instrument in thesecurity market in the eyes of investors i.e., mutual funds byspecially focusing on equity-diversified schemes. Eight mutual fundschemes have been selected for this purpose. The examination isachieved by assessing various financial tests like Sharpe Ratio,Standard Deviation, Alpha, Beta (b) and Coefficient ofDetermination (R2). Furthermore, in-depth analysis also has beendone by considering return over the period of last five years onvarious basis, expenses ratio, corpus-size etc. the data has beentaken from various websites of mutual fund schemes and from www.amfiindia.com. Calculated results are in the favor of RelianceRegular Savings Equity in terms of returns over the last five yearsand Birla Sun Life Dividend Yield Plus in terms of maximum returns by taking minimum risks. The study will be helpful for the researchers and financial analysts to analyze various securities orfunds while selecting the best investment alternative out of thegalaxy of investment alternatives.

Tango Jona
Tangokurs Rapperswil-Jona

     Affiliate Program