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This project deals with “A Study on performance evaluation on index mutual funds”
The schemes are
ICICI Pru Nifty Index Fund(G),
SBI Nifty Fund-REG(G),
TATA Nifty Index Fund-REG(G),
LIC MF Nifty Index Fund (G),
IDBI Nifty Index Fund(G).
A mutual fund is a scheme in which several people invest their money for a common financial cause. The collected money invests in the capital market and the money, which they earned, is divvied based on the number of unit, which they hold.
The mutual fund industry started in India In a small way the Uti act creating what a small savings division was effectively within the RBI over a period of 25 years this grew fairly successfully and gave investors a good return and therefore in 1989,as the next logic step, public sector banks and financial institutions were allowed to float mutual fund and their success emboldened the government to allow the private sector to foray into this area.
Objectives of the study
• To analyze risk and return of selected index mutual funds
• To study the performance of selected index mutual fund by using Treynor, Sharpe model
• To rank the index mutual funds by using elected models
The advantage of mutual fund is professional management, diversification, economies of scale, simplicity, and liquidity, the disadvantage of mutual fund is high costs, over diversification, possible tax consequences, and the inability of management to guarantee a superior return. the biggest problems with mutual funds are their costs and fees it include purchase fee, redemption fee, exchange fee, management fee, Account fee and transaction costs.There are some loads which add to the cost of mutual fund loans is a type of commission depending on the type of funds.
Mutual fund are easy to buy and sell. you can either buy them directly from the fund company or through a third party. Before investing in any funds are should consider some factor like objective, risk, fund manager and schemes track record, cost factor etc.
A code of conduct and registration structure for mutual fund intermediaries, which were subsequently mandated by SEBI. In addition, this year AMFI involved in a number of developments and enhancements to the regulatory framework.
Keywords:
Cite Article:
"A study on performance evaluation of index mutual funds", International Journal for Research Trends and Innovation (www.ijrti.org), ISSN:2455-2631, Vol.7, Issue 9, page no.168 - 182, September-2022, Available :http://www.ijrti.org/papers/IJRTI2209022.pdf
Downloads:
000205398
ISSN:
2456-3315 | IMPACT FACTOR: 8.14 Calculated By Google Scholar| ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.14 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator