Performance of Indian Mutual Fund Schemes
G. Indhumathi1, M. Babu2, J. Gayathri3
1Dr. G. Indhumathi, Assistant Professor, Department of Commerce, Mother Teresa Women’s University, Kodaikanal (Tamil Nadu), India.
2Dr. M. Babu, Assistant Professor, Bharathidasan School of Management, Bharathidasan University, Thiruchirappalli (Tamil Nadu), India.
3Dr. J. Gayathri, Assistant Professor, Department of Commerce and Financial Studies, Bharathidasan University, Thiruchirappalli (Tamil Nadu), India.
Manuscript received on 20 August 2019 | Revised Manuscript received on 30 August 2019 | Manuscript Published on 16 September 2019 | PP: 590-592 | Volume-8 Issue-2S6 July 2019 | Retrieval Number: B11120782S619/2019©BEIESP | DOI: 10.35940/ijrte.B1112.0782S619
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: Risk, diversification, features of investment avenues, and tax benefit are the factors considered by the investors in their decision making. The convenience of investing in small proportions and tax benefits attracts the investors towards mutual fund investments. The studies prove that market timing ability of fund managers drives the mutual fund scheme performance. This assessment of the above factors would help to the investors in their choice of mutual funds. 36 Indian Mutual Funds Schemes were assessed using the Sharpe, Treynor, Jensen’s measure from January to June 2019. L&T Liquid Fund –Direct (Growth), L&T Low Duration Fund-Growth and Edelweiss Large Cap Fund – Direct (Growth) performed well.
Keywords: Jensen Ratio, Mutual Funds, Risk and Return, Sharpe and Treynor Ratios.
Scope of the Article: e-governance, e-Commerce, e-business, e-Learning