Open AccessPerformance of Indian Mutual Fund Schemes
Publication year - 2019
Publication title -
international journal of recent technology and engineering
Language(s) - English
Resource type - Journals
ISSN - 2277-3878
DOI - 10.35940/ijrte.b1112.0782s619
Subject(s) - mutual fund , treynor ratio , closed end fund , diversification (marketing strategy) , open end fund , target date fund , fund administration , manager of managers fund , business , investment fund , fund of funds , income fund , finance , sharpe ratio , economics , institutional investor , portfolio , marketing , corporate governance , market liquidity
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.