Performance Appraisal Of Indian Equity Funds PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Performance Appraisal Of Indian Equity Funds PDF full book. Access full book title Performance Appraisal Of Indian Equity Funds.
| Author | : Ananda S. |
| Publisher | : LAP Lambert Academic Publishing |
| Total Pages | : 196 |
| Release | : 2013 |
| Genre | : |
| ISBN | : 9783659370274 |
Download Performance Appraisal of Indian Equity Funds Book in PDF, ePub and Kindle
The Mutual Funds have emerged as a favoured investment vehicle among the investors in recent times. The fund houses have been introducing innovative schemes to expand their market. In this backdrop, the authors have made a sincere effort to bring this book out by conducting a detailed performance analysis of equity funds in the context of the Indian financial market. This book provides a structured study of Equity Funds by way of presenting a comprehensive picture of financial performance and evaluation criteria of equity funds. An attempt has been made to help the readers to evaluate the risk and return characteristics of equity funds; to examine the degree of correlation that exists between fund and market return and to understand the impact of fund specific characteristics on the fund performance. The study analyses the performance of 113 equity funds of 25 Indian fund houses. This book provides valuable inputs to the practitioners in the financial services industry including fund managers, investment analysts, portfolio managers, policy makers, academicians, researchers and individual investors.
| Author | : Soumya Guha Deb |
| Publisher | : LAP Lambert Academic Publishing |
| Total Pages | : 332 |
| Release | : 2011-03 |
| Genre | : |
| ISBN | : 9783844321111 |
Download Performance Evaluation of Indian Equity Funds Book in PDF, ePub and Kindle
The mutual funds in India have registered significant growth and emerged as important financial intermediaries during the past decade or so, manifested by increased mobilization of funds and the increasing number of schemes and investors. To fulfill the expectations of millions of unit holders, the mutual funds are required to function as successful institutional investors. Evaluating performance of mutual fund managers vis-a-vis such a goal, is important for both the investors as well as the fund managers. Fund managers in India, periodically publish various performance reports using standard measures, which may not actually reflect the true investment performance of the funds. The present study evaluated the performance of the equity mutual funds in India during the period from 2000 to 2006, using a new framework.A number of new performance indicators are used for the purpose, and it is hoped that this attempt should highlight the efficiency and true competence of fund managers and augment the existing framework for identifying successful fund managers. It should benefit the investors, regulators, fund managers and other participants in the mutual fund industry in gene
| Author | : Mewa Singh Turan |
| Publisher | : |
| Total Pages | : 394 |
| Release | : 2001 |
| Genre | : Mutual funds |
| ISBN | : |
Download Performance Appraisal of Mutual Funds Book in PDF, ePub and Kindle
| Author | : Dr B Ratnavalli |
| Publisher | : Archers & Elevators Publishing House |
| Total Pages | : |
| Release | : |
| Genre | : Antiques & Collectibles |
| ISBN | : 9388805917 |
Download A Study On Performance Evaluation Of Select Mutual Funds In India Book in PDF, ePub and Kindle
| Author | : Ramesh Chander |
| Publisher | : |
| Total Pages | : 212 |
| Release | : 2002-08-01 |
| Genre | : |
| ISBN | : 9788174462688 |
Download Performance Appraisal of Mutual Funds in India Book in PDF, ePub and Kindle
| Author | : S. Muruganandan |
| Publisher | : LAP Lambert Academic Publishing |
| Total Pages | : 140 |
| Release | : 2014-03 |
| Genre | : |
| ISBN | : 9783848486083 |
Download Performance Persistence and Determinants of Indian Fund of Mutual Fund Book in PDF, ePub and Kindle
Fund of Mutual Funds (FoFs) are only an investment strategy of holding a portfolio of other investment funds rather than investing directly in shares, bonds and other securities. This strategy offers high level of diversification to the investors but highly criticised due to additional layer fees associated in it. However, the growing demand for FoFs motivated the researchers to examine the persistence and determinants of performance of FoFs in Indian context. The performance of selected FoFs is tested with the help of average excess return, Sharpe ratio and Jensen's alpha and found that the sample funds outperformed the market index for the given level of risk. Malkiel's Z-test, Brown and Goetzmann Z- test and Kahn and Rudd Chi Square test are used to examine the performance persistence and found the loser pattern of persistence. The determinants of FoFs performance is examined by employing Panel Data model and concluded that the fund managers are enjoying the benefit of economies of scale where as investors are not.
| Author | : |
| Publisher | : Excel Books India |
| Total Pages | : 281 |
| Release | : |
| Genre | : |
| ISBN | : 9350620537 |
Download Mutual Funds in India Book in PDF, ePub and Kindle
| Author | : Narayan Rao Sapar |
| Publisher | : |
| Total Pages | : 24 |
| Release | : 2003 |
| Genre | : |
| ISBN | : |
Download Performance Evaluation of Indian Mutual Funds Book in PDF, ePub and Kindle
In this paper the performance evaluation of Indian mutual funds in a bear market is carried out through relative performance index, risk-return analysis, Treynor's ratio, Sharp's ratio, Sharp's measure, Jensen's measure, and Fama's measure. The data used is monthly closing NAVs. The source of data is website of Association of Mutual Funds in India (AMFI). Study period is September 98-April 02 (bear period). We started with a sample of 269 open ended schemes (out of total schemes of 433) for computing relative performance index. Then after excluding the funds whose returns are less than risk-free returns, 58 schemes were used for further analysis. Mean monthly (logarithmic) return and risk of the sample mutual fund schemes during the period were 0.59% and 7.10%, respectively, compared to similar statistics of 0.14% and 8.57% for market portfolio. The results of performance measures suggest that most of the mutual fund schemes in the sample of 58 were able to satisfy investor's expectations by giving excess returns over expected returns based on both premium for systematic risk and total risk.
| Author | : Na Chen |
| Publisher | : |
| Total Pages | : 78 |
| Release | : 2009 |
| Genre | : Mutual funds |
| ISBN | : |
Download Performance Evaluation of Indian Growth Mutual Funds Relative to the Market Book in PDF, ePub and Kindle
| Author | : Sharad Panwar |
| Publisher | : |
| Total Pages | : 19 |
| Release | : 2006 |
| Genre | : |
| ISBN | : |
Download Characteristics and Performance Evaluation of Selected Mutual Funds in India Book in PDF, ePub and Kindle
The study used sample of public-sector sponsored amp; private-sector sponsored mutual funds of varied net assets to investigate the differences in characteristics of assets held, portfolio diversification, and variable effects of diversification on investment performance for the period May, 2002 to May, 2005. The study found that public-sector sponsored funds do not differ significantly from private-sector sponsored funds in terms of mean returns%. However, there is a significant difference between public-sector sponsored mutual funds and private-sector sponsored mutual funds in terms of average standard deviation, average variance and average coefficient of variation (COV). The study also found that there is a statistical difference between sponsorship classes in terms of e SDAR (excess standard deviation adjusted returns) as a performance measure. When residual variance (RV) is used as the measure of mutual fund portfolio diversification characteristic, there is a statistical difference between public-sector sponsored mutual funds and private-sector sponsored mutual funds for the study period. The model built on testing the impact of diversification on fund performance and found a statistical difference among sponsorship classes when residual variance is used as a measure of portfolio diversification and excess standard deviation adjusted returns as a performance measure. RV, however, has a direct impact on Sharpe fund performance measure.
