Open AccessLiquid funds : A comparative evaluation with Equity Mutual funds
Author(s) -
Sanjay Kumar Singh
Publication year - 2017
Publication title -
scholarly research journal for interdisciplinary studies
Language(s) - English
Resource type - Journals
eISSN - 2319-4766
pISSN - 2278-8808
DOI - 10.21922/srjis.v4i37.10591
Subject(s) - commodity pool , fund of funds , global assets under management , mutual fund , business , closed end fund , finance , equity (law) , institutional investor , open end fund , passive management , private equity fund , market liquidity , private equity , corporate governance , political science , law
The channelization of household savings in equity and equity related financial instruments has always been main objective of all policymakers in India over the last few decades, particularly after liberalization of Indian economy in 1991. With this objective at the background, the investment in Mutual funds has been promoted by offering various tax incentives and educating investors’ community with other benefits associated with investment in Mutual funds. Under the present scenario, investors have opportunity to invest in various kinds of Mutual funds. Even among Mutual funds, the choice with regard to return and risk appetite can be exercised. The present study aims to highlight the difference in return offered by Equity Mutual funds and Liquid funds against the benefits available to the investors in case of Liquid funds. Various statistical tests such as KS test, Levenes’ Test , t-test ,etc. have been employed using SPSS to arrive at meaningful conclusions from the available quantitative data.