3 to develop a framework for performance measure of mutual funds in india 4 to study the behaviour of indian individual investors towards the investment of their savings 5 to study the perception of indian individual investors towards the investment in mutual funds for fulfilling these objectives, further in depth literature. On oct 5, 2017 dr monty kanodia published: performance evaluation of mutual funds in india: literature review. Literature review on performance evaluation of mutual fund is enormous various studies have been carried out in india and abroad to evaluate the performance of mutual funds schemes from time to time a few research studies that have influenced substantially in preparing the thesis are discussed below in this chapter. Introduction literature review mutual funds are financial intermediaries, which collect since 1980's there has been a substantial global increase the savings of investors and are supposed to invest them in the importance of mutual funds as investment in a well-diversified portfolio of securities such as instruments, with a. Fund any investor can invest minimum amount that is affordable and diversify their portfolio in different sectors depending upon their interests and risks literature review the present study deals with the review of literature on ' evaluating the performance of indian mutual fund schemes' review ofsome of the. Literature review of mutual funds performance mutual funds have developed tremendously since 1990s that has drawn attention and required deep study their explosive growth are encouraged from the globalization invest india and alansbanken china growth however, only one of them had. These studies analysis various mutual fund schemes and it will help to evaluate which scheme is better 13review of literature there is an extensive collection of literature which mainly focuses on us funds and investors but very limited work has been done on mutual funds that exist in emerging. Mutual funds performance section iii discusses the research methodology for this study section iv discusses results and analysis and section v concludes this study ii literature review the present study deals with the review of literature on 'evaluating the performance of indian mutual fund schemes' a number.
However, such empirical studies are scarce in the context of indian mutual funds (guha deb, 2006) thus, the present study contributes to the literature by evaluating the performance of top five large-cap equity funds of different mutual fund agencies in india in terms of consistency in the investment style. Volume 2 issue 09 sept 2017 doi: 1018535/afmj/v2i902 page : 898-908 898 research article performance evaluation of mutual funds in india: literature review dr monty kanodia 1 , kiran khinchi 2 1 assistant professor the iis university, jaipur 2 research scholar the iis university, jaipur article info. A mutual fund has expanded his product portfolio during the fy05 to fy12, the indian mutual fund industry flourished at a cagr of more than 20% in terms of assets under management 3 literature review • tkac p (2001) included all international mutual funds for study under the period of 1990-1999 he concluded.
With this background, a survey was conducted among 200 mutual fund investors in nine urban and semi-urban cities of orissa (india) on the basis of literature review, nine factors are chosen and grouped into four major components by applying principal component analysis study reveals, safety, past return and liquidity. Snarayan rao , et al, evaluated performance of indian mutual funds in a bear market through relative performance index, risk-return analysis, treynor's ratio, sharpe's ratio, sharpe's measure , jensen's measure, and fama's measure the study used 269 open-ended schemes (out of total schemes of 433) for computing.
Ii literature review the present study deals with the review of literature on 'evaluating the performance of indian mutual fund schemes' review of some of the studies is presented in the following discussion a study of performance of mutual fund has become more controversial conversely rajesh kumar, rituraj. The problem is to know the past performance of funds that can help the investors in exercising their choice literature review literature review highlights the trends in the study indicated dismal performance of psu mutual funds in india in general, during the period 1992-95 narayan and ravindran (2003) studied the. Gayathri, s, karthika, s & kumar, gajendran l (2010) reviewed on mutual funds in india are financial instruments a mutual fund is not an alternative investment option to stocks and bonds rather it pools the money of several investors and invests this in stocks, bonds, money market instruments and other types of. Ii literature review extensive research has been carried out in the field of mutual funds by researchers' in india and as well as other countries a brief snapshot of relevant observations and findings is presented in review of the literature dr binod kumar singh (2012) conducted a study on investors' attitude towards.
Of it which may be useful for the investors to select the right mutual fund literature review: sapar & narayan(2003) examines the performance of indian mutual funds in a bear market through relative performance index, risk- return analysis, treynor's ratio, sharp's ratio, sharp's measure jensen's measure, and fama's. Compare all the funds literature review: literature available on mutual funds is tremendous over the years, mutual funds have attracted a lot of attention of market risk and investment performance of equity mutual funds in india the study used a sample of 36 equity fund for a period of 3 years the study examined.
Sector specific schemes mutual funds – organisation there are many entities involved and the diagram below illustrates objectives of study this paper has tried to review the literature on performance of mutual funds in india and general areas like factors affecting selection, challenges and opportunities for mutual. The performance of indian mutual funds has been studied according to association of mutual funds in india (amfi), mutual fund is a trust that pools literature review plethora of studies have been done on the characteristics of mutual funds 21 performance persistence performance persistence means that the future.
Two mutual fund(growth) and two index funds are taken as sampling the first few pages talk about the introduction of the subject and also of the industrythis is followed by literature review followed by the objectives of the study and researchmethodology then comes real part of the study in which the. Open ended equity linked savings schemes of tax saving mutual funds in india performance has nominal return with lower risk india has 32 open ended elss of tax saving mutual funds this study evauates the performance of tax saving mutual funds for the past five summarizing the related literature on mutual fund. A literature review on investors' perception towards mutual funds with reference to performance, risk - return, and awareness irissappane, a i ( 2000) paradigm shifts in the performance of indian mutual funds: an analysis with reference to close-ended funds of selected institutions mumbai : uti institute of capital.