A Study on Performance Evaluation of Select Large Cap Mutual Fund Growth Schemes In India

International Journal of Economics and Management Studies

© 2020 by SSRG - IJEMS Journal

Volume 7 Issue 6

Year of Publication : 2020

Authors : Nirmala Daita

10.14445/23939125/IJEMS-V7I6P109

How to Cite?

Nirmala Daita, "A Study on Performance Evaluation of Select Large Cap Mutual Fund Growth Schemes In India," SSRG International Journal of Economics and Management Studies, vol. 7,  no. 6, pp. 54-64, 2020. Crossref, https://doi.org/10.14445/23939125/IJEMS-V7I6P109

Abstract:

Among various investment avenues that are available to investors, mutual funds have become a more promising investment avenue by ensuring attractive returns. Further, mutual funds offer capital appreciation with momentous investment growth by investing in the capital market under the supervision of professional management. Despite, investments in mutual funds are not free from risk, and the fund returns are subjected to vary based on the market risk and unique risk exposure. In this context, selecting a worthwhile mutual fund investment is highly desirable and needs proper monitoring and evaluation. Hence, the present study intended to evaluate the performance of selected mutual fund growth schemes that were predominantly invested in Large-cap companies by ten asset Management companies in India. The main objective of this research work is to evaluate the performance of selected mutual fund schemes through popular performance measures, namely Sharpe, Treynor,   Jensen, and statistical tools such as standard deviation, covariance and correlation. The findings of this research study will be useful to the investors and other interested parties for making informed investment decisions.

Keywords:

Mutual funds, Growth mutual fund schemes, performance evaluation.

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