Performance Analysis of the Index Mutual Fund
Author : Yasmeen Bano and S. VasanthaVolume 8 No.1 January-March 2019 pp 1-5
Abstract
A mutual fund is a professionally managed investment fund that pools together the savings of a number of investors who shares the common financial goals. These investors may be retail or institutional in nature. It offers small or individual investors access to professionally managed portfolios of equities, bonds and other securities. The paper is the study of the performance of Index fund. This is analyzed empirically since the period of 2012 – 2017. The main objective of this research is to evaluate the performance of Index funds. The study examined three parameters such as active returns, tracking error and Jensen’s alpha. In this paper the data has been collected from the secondary sources.
Keywords
Financial Performance, Index Fund, Risk Adjusted Return, Tracking Error
Full Text:
References
[1] Cheng-Ru Wu. (2008). A framework of assessable mutual fund performance, Journal of Modelling in Management, 3(2), 125-139
[2] Frino, A., & Gallagher, D. R. (2001). Tracking S&P 500 Index Funds. Journal of Portfolio Management, 28(1), 44–55.
[3] Inderjit Kaur & Kaushik, K. P. (2015). Determinants of investment behaviour of investors towards mutual funds, Journal of Indian Business Research, 8(1), 19-42.
[4] Jayanthi, M., Malathy, S., Radhulya, T. (2013). A Study On Performance Of Gold ETF Companies In India, International Research Journal of Business and Management, 6, ISSN 2322-083X.
[5] Krishna Prasanna, P. (2012). Performance of Exchange-Traded Funds in India, International Journal of Business and Management, 7(23), ISSN 1833-3850 E-ISSN 1833-8119
[6] Muralidhar Prasad Ayaluru. (2016). Performance Analysis of Mutual Funds, Parikalpana – KIIT Journal of Management, 12(1).
[7] Narend, S. (2014, March). Performance of ETFs and Index Funds: A Comparative Analysis. NSE(National Stock Exchange),1-17. Retrieved From http://www.nseindia.com/research/content
[8] Shivangi Agarwal, Nawazish Mirza(2017), a study on the risk-adjusted performance of mutual funds industry in india, Review of Innovation and Competitiveness, 3(1).
[9] Smita Shukla & Rakesh Malusare. (2016). A Study on Performance of Indian Mutual Fund Schemes Investing in Overseas Securities. IOSR Journal of Business and Management (IOSR-JBM), e-ISSN: 2278-487X, p-ISSN: 2319-7668, 86-93,
[10] Vikas Choudhary, & Preeti Sehgal Chawla. (2014). Performance Evaluation of Mutual Funds: A Study of Selected Diversified Equity Mutual Funds in India, International Conference on Business, Law and Corporate Social Responsibility (ICBLCSR’14).