Open AccessMutual Funds Performance (A Case of Pakistan Open Ended Mutual Funds)
Author(s) -
Yasir Khan,
Mukharif Shah
Publication year - 2020
Publication title -
journal of business administration research
Language(s) - English
Resource type - Journals
ISSN - 2630-5194
DOI - 10.30564/jbar.v3i1.1554
Subject(s) - closed end fund , mutual fund , business , fund of funds , passive management , open end fund , stock exchange , finance , institutional investor , corporate governance , market liquidity
Mutual Funds through its professional managers enable small investors to enjoy benefits of capital market with small amount. This study with special focus on Performance-Chasing Behavior and Mutual Funds in an Emerging Economy like Pakistan. The data of 100 open-end Mutual Funds, for the period 2013 to 2018 was collected from Mutual Fund Association of Pakistan; while the risk free rates data was collected from State Bank of Pakistan and Stock data from Pakistan Stock Exchange for predicting the results, Ratio and models were used to understand its suitability. The study has certain implications for the investors in knowing which funds perform better and which kind of funds are ideal for investment.