A Comparative Study on Performance of Selected Mutual Funds with Reference to Indian Context
Authors: Gururaj. P. Chapparbandi
Country: India
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Abstract: The research article is titled as comparative study on performance of selected mutual funds with reference to Indian context. The main objective of the study is to evaluate the performance of mutual funds and facilitate the retail investors in decision making. Data are taken from the NSE, BSE, money control and value research online data sources. The main tools used for the study are Simple Average Method, Standard Deviation, Ranking Method and Simple Comparative Analysis. The findings of the study revealed that Tata Balanced fund provided high average return than other categories of fund. Birla sun life cash plus and BNP Paribas Overnight fund has lowest standard deviation. According to Sharpe ratio BNP Paribas Overnight fund has shown good performance followed by Birla sun life cash plus and Reliance liquid fund. This study enabled the researcher to suggest the retail investor to invest their money in to the best fund.
Keywords: Mutual Fund, Net Asset Value, Net Asset Worth, Fund Performance, Investment
Paper Id: 1625
Published On: 2017-01-27
Published In: Volume 5, Issue 1, January-February 2017
Cite This: A Comparative Study on Performance of Selected Mutual Funds with Reference to Indian Context - Gururaj. P. Chapparbandi - IJIRMPS Volume 5, Issue 1, January-February 2017.