IDEAS home Printed from https://ideas.repec.org/a/aad/ejbejj/v8y2013i2p1-5.html
   My bibliography  Save this article

An Intricate Multiple-Factor Approach To Evaluate Performance Of Indian Mutual Fund

Author

Listed:
  • Suyash Bhatt

    (Department of Finance, Prin. L. N.Welingkar Institute of Management Development and Research (WE School), Mumbai)

Abstract

This research paper examines performance of top twelve Indian mutual funds by Asset Under Management (AUM). We use seven portfolio performance measurement parameters like Alpha, Beta, Standard Deviation, R Squared, Sharpe Ratio, Treynor Ratio and Jensen’s Alpha. The study reveals which amongst these mutual fund is the best performer based on all these parameters and the benchmark taken for this is NIFTY Index. The mutual funds selected are HDFC Top 200 Fund, Franklin India Bluechip Fund, ICICI Prudential Focused Bluechip Equity Fund, DSPBR Top 100 Equity Fund, Birla Sun Life Equity Fund, DSPBR Top 100 Equity Fund, UTI Mastershare Fund, Reliance Equity Opportunity Fund, SBI Magnum Equity, Reliance Top 200 Fund, SBI Bluechip Fund, ICICI Prudential Top 200 Fund, Principal Large Cap Fund. This study is primarily done to evaluate performance of the select mutual funds over a period of five years.

Suggested Citation

  • Suyash Bhatt, 2013. "An Intricate Multiple-Factor Approach To Evaluate Performance Of Indian Mutual Fund," European Journal of Business and Economics, Central Bohemia University, vol. 8(2), pages 1-51:8, July.
    • Handle: RePEc:aad:ejbejj:v:8:y:2013:i:2:p:1-5
    DOI: 10.12955/ejbe.v8i2.374
    as

    Download full text from publisher

    File URL: http://ojs.journals.cz/index.php/EJBE/article/view/374/374
    Download Restriction: no
    File URL: https://libkey.io/10.12955/ejbe.v8i2.374?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Suyash Bhatt, 2019. "Corroborate Benjamin Graham’s Approach of Valuing Equity with Special Reference to Indian Capital Market," Accounting and Finance Research, Sciedu Press, vol. 8(3), pages 169-169, August.

    More about this item

    Keywords

    Mutual FundsInvestment Performance; Alpha; Beta; Standard Deviation; R Squared; Sharpe Ratio; Treynor Ratio and Jensen’s Alpha.;
    All these keywords.

    JEL classification:

    • D92 - Microeconomics - - Micro-Based Behavioral Economics - - - Intertemporal Firm Choice, Investment, Capacity, and Financing
    • G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions
    • G12 - Financial Economics - - General Financial Markets - - - Asset Pricing; Trading Volume; Bond Interest Rates
    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • F36 - International Economics - - International Finance - - - Financial Aspects of Economic Integration

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aad:ejbejj:v:8:y:2013:i:2:p:1-5. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Petr Hájek (email available below). General contact details of provider: https://ojs.journals.cz/index.php/EJBE .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.