COMPARITIVE STUDY OF SELECTED EQUITYDIVERSIFIED MUTUAL FUND SCHEMES

Abstract

With the plethora of schemes available in the Indian markets, an investors needs to evaluate and  onsider various factors before making an investment decision. The present investigation is aimed to examine the performance of safest investment instrument in the security market in the eyes of investors i.e., mutual funds by specially focusing on equity-diversified schemes. Eight mutual fund schemes have been selected for this purpose. The examination is achieved by assessing various financial tests like Sharpe Ratio, Standard Deviation, Alpha, Beta (b) and Coefficient of Determination (R2). Furthermore, in-depth analysis also has been done by considering return over the period of last five years on various basis, expenses ratio, corpus-size etc. the data has been taken from various websites of mutual fund schemes and from [url=http://www.amfiindia.com/]www.amfiindia.com[/url]. Calculated results are in the favor of Reliance Regular Savings Equity in terms of returns over the last five years and 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 or  funds while selecting the best investment alternative out of the galaxy of investment alternatives.

Authors and Affiliations

Deepika Sharma , Poonam Loothra , Ashish Sharma

Keywords

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  • EP ID EP135372
  • DOI -
  • Views 126
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How To Cite

Deepika Sharma, Poonam Loothra, Ashish Sharma (2011). COMPARITIVE STUDY OF SELECTED EQUITYDIVERSIFIED MUTUAL FUND SCHEMES. International Journal of Computer Science and Management Studies (IJCSMS) www.ijcsms.com, 11(1), 15-21. https://europub.co.uk/articles/-A-135372