A comparative analysis on various mutual fund schemes of. A comprative study on return of mutual fund and insurance ulips in indian context slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. I always think of how many individuals made money in public provident fund ppf fixed deposits. The study revealed that the category, size and ownership have been significantly determinant of the performance of mutual funds during the study period. Comparative analysis on mutual fund scheme mba project has tried prove that mere returns of a fund or the past performance is not good enough to make a.
To compare the performance of equity diversified mutual fund schemes of selected companies visavis the market research methodology. Mutual fund schemes are the most suitable investment for the common man as it offers an opportunity to invest in a diversified, professionally managed basket of securities at a relatively low cost study was conducted to know the pulse of nation towards mutual funds after liberalization. Comparative analysis on mutual fund scheme mba project by. This paper is anextension of anearlier study by elfakhani, sidani and fahel 2005 with particular emphasis on market timing and selectivity by fund managers. Some mutual funds also furnish investors with a profile, which summarizes key information contained in the funds prospectus, such as the funds investment objectives, principal investment strategies, principal risks, performance, fees and expenses, aftertax returns, identity of the funds investment adviser, investment requirements, and. A unit linked insurance plan ulip is a type of life insurance where the cash value of a policy varies. Therefore it becomes important to examine the performance of the mutual fund in the changed environment. Undoubtedly, fund return is a major factor which tells a lot about a mutual fund. At the end of 1993, the mutual fund industry had assets under management of rs. To begin with, we document relationships between demographic and economic variables on one hand and mutual fund penetration on the other to discern the underlying factors which could help explain the success of a mutual fund in a given part of the country.
Data from some studies shows that ulip returns are 100300 basis points lower than those of mutual funds. Risk returns analysis and comparative study of mutual fund. For the study 80 mutual fund schemes of private and public sector were taken. With the entry of private sector funds in 1993, a new era started in the indian mutual fund industry, giving.
Fund flows and security returns t his study is the second in a twopart analysis of the mutual fund industry. Ltd and is constituted as a trust in accordance with the provisions of the indian trusts act, 1882. But averages can be misleading, especially for retirement portfolios used to generate income. Pdf a mutual fund is an investment medium which is made up of a pool of moneys collected from many retail investors for the purpose of. Comparative analysis of risk, return and diversification of mutual fund tools and techniques the collected data have been analysed on basis of returns of last one month, six months, one year, three years and five years. A comparative study of ulip and mutual fund investment of. Ltd and is constituted as a trust in accordance with the.
Mutual fund analysis typically consists of an elementary analysis of the funds strategy growth or value, median market cap, rolling returns, standard. Compare mutual funds, compare mutual funds side by side. This paper is anextension of anearlier study by elfakhani, sidani and fahel 2005 with particular emphasis on market timing and selectivity by. That reduces risk because, if one company in the fund has a poor manager, a losing strategy, or even just bad luck, its loss is balanced by other businesses that perform well. Hdfc asset management company limited amc hdfc asset management company ltd amc was incorporated under the companies act, 1956, on december 10, 1999, and was approved to act as an asset management company for the hdfc mutual fund by sebi vide its letter dated july 3, 2000. The study based risk and return on mutual fund schemes. A project report on mutual funds in india by sanjay gupta. As on 3rd may, 2017 for details on mutual fund scheme pages, please visit this link. A study on performance of risk and return on selected mutual.
By puneet oberoi many individuals are investing in mutual funds these days because of the bull run in the market. In this paper the performance evaluation of indian mutual funds is carried out through relative performance index, riskreturn analysis, treynors ratio, sharps ratio, sharps measure, jensens measure, and famas measure. Pdf a comparative study on performance of selected mutual. Papercategorizes overseas mutual fund schemes on the basis of their investment portfolio. As it can be noticeable, there is huge and potential growth in the mutual fund area. Mutual funds pool money from individuals and organizations to invest in stocks, bonds, and other assets in different industry sectors and regions of the world. A comparative analysis on various mutual fund schemes of hdfc. Jul 10, 2017 comparative analysis gives a detailed comparison of the performance of the fund visavis its category and benchmark across different time periods.
Background of the study the preliberalized india had a very poor rate of savings and most of the money earned was spent on consumption rather than accumulation. Nevertheless, the market scenario has changed a lot in the recent years, and many a mutual funds family has come up with interest debt mutual fund schemes with guaranteed returns alongside capital appreciations. Results showed that income growth schemes were the best performers with mean weekly returns of. Comparative study of mutual funds and bank deposits essay example for free newyorkessays database with more than 65000 college essays for studying. Comparative study of mutual funds and bank deposits essay sample. As per the latest data the asset under management aum in this industry is more than rs. Sujit sudhakar and amrit pal singh 1996 of gawahati university studied the investment in equity and mutual funds. To evaluate the returns and the risk associated with mutual funds. It is forecast that mutual fund sector would grow at a rate of 30% to 35% in resulting five years, and it will reach 300 billion usd by 2015. The rank of the fund in the category is also shown. Risk return analysis and comparative study of mutual funds by. Do you want to see more details about comparative study of mutual fund returns and bank deposits.
May 27, 2011 a comprative study on return of mutual fund and insurance ulips in indian context slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. It is considered to be a hybrid instrument comprising the features of a life insurance policy and a mutual fund. Mutual fund firms accumulate cash from willing investors and invest it in share. This study aims at assessing the performance of the islamic mutual funds,examining whether there exists any significant reward or penalty for investing inthem. Comparative study of mutual fund returns and insurance returns free download as word doc. A project report on mutual funds in india by sanjay.
By pooling a lot of stocks in a stock fund or bonds in a bond fund, mutual funds reduce the risk of investing. International journal of business and management october, 2008 mutual fund vs. Unit linked insurance plan ulip is one single solution for insurance as well as for investment. However for a common man, it becomes a challenge to select the best portfolio to invest. Then ask here with your needrequest, we will collect and show specific information of comparative study of mutual fund returns and bank depositss within short timeso hurry to ask now no registration, no fees. A mutual fund is a pure intercessor, which performs basic function of buying and selling security happening behalf of its investors. Today the indian market is flooded with more than a thousand mutual fund schemes, promising better returns than others. Mutual fund was the first non uti mutual fund established in june 1987. You can click here to learn more about this premium service, and get immediate access to the live recommendations, plus new ones as soon as they are issued how can one compare unitlinked plans of insurance companies, which are aggressively promoted as investment products with investments made directly in mutual fund. A study on performance of risk and return on selected. The types of risks a stock fund is subject to will vary by type and are detailed in the funds prospectus. Some mutual funds also furnish investors with a profile, which summarizes key information contained in the fund s prospectus, such as the fund s investment objectives, principal investment strategies, principal risks, performance, fees and expenses, aftertax returns, identity of the fund s investment adviser, investment requirements, and.
Analysing performance of your mf scheme using comparative. Insurance serves as a tool for savings and investment, insurance is a compulsory way. A comprative study on return of mutual fund and insurance ulips in in. Comparative analysis gives a detailed comparison of the performance of the fund visavis its category and benchmark across different time periods. This paper studies various mutual fund schemes making investment in overseas securities. General market risk economies and markets throughout the world are becoming increasingly interconnected. Comparative performanceofislamicversussecularmutualfunds. Comparative study between the mutual fund of hdfc and. To evaluate the investment performance of mutual funds with risk adjustment, by using the theoretical parameters as suggested by william. Paper compares the returns on overseas mutual fund schemes in comparison to similar portfolio schemes and return on them generated in us and china. To compare funds, start typing scheme name and our auto suggest feature will help you complete your search. Prabakaran and jayabal 2010 evaluated the performance of mutual fund schemes. Get to know the mutual fund basics, benefits, how to invest, mutual fund myths and other questions on mutual funds india at moneycontrol.
Comparative study of mutual fund returns and insurance returns. The main objective of the study is to evaluate the performance of. A comparative study of traditional policies and ulip. If you continue browsing the site, you agree to the use of cookies on this website. Indian capital market provides various investors help them to invest. Comparative study of mutual fund returns and insurance. As treynor ratio represents mutual funds excess return to its standard deviation high. We focus on these delivery channels used by indian mutual fund houses. The impact of the sequence of investment returns most people would jump at the chance to earn a 10 percent average annual return in retirement.
How to compare mutual funds using riskadjusted returns. A case study of india, international journal of scientific and research publications, vol. Insurance vs mutual funds value research how can one compare unitlinked plans of insurance companies, which are aggressively promoted as investment products with investments made directly in mutual fund schemes. This article focused on the financial performance analysis of mutual fund schemes. Objectives of the study to know the performance of mutual fund of different companies. Comparative analysis on mutual fund scheme mba project has tried prove that mere returns of a fund or the past performance is not good enough to make a sound decision on investment for the future. To evaluate and compare the performance of equity diversified mutual fund schemes of selected companies 2. Like every other investor, you may give too much preference to returns over other factors. Pdf a comparative study on performance of selected. A comprative study on return of mutual fund and insurance.
The research article is titled as comparative study on performance of selected mutual funds with reference to indian context. With the entry of private sector funds in 1993, a new era started in the indian mutual fund industry, giving the indian investors a wider choice of fund families. Lic established its mutual fund in june 1989 while gic had set up its mutual fund in december 1990. Value research stock advisor has just released a new stock recommendation. Comparative study on performance evaluation of mutual fund schemes of indian companies.
You can enter between 2 to 5 schemes at a time and click on the compare button. Comparative study between the mutual fund of hdfc and icici. A comparative study of traditional policies and ulip policies. Gic mutual fund, sponsored by general insurance corporation of india, a government of india undertaking and the four public sector general insurance companies, viz. Ulips ulips means unit linked insurance policies, ulips are basically. While short listing mutual funds, you tend to be skewed towards returns. A comprative study on return of mutual fund and insurance ulips in indian context. Sbi and hdfc and investment options and returns available to indian investors. Scheme name 18062019 to 18052020 growth value absolute return % cagr % mean sharp ratio alpha beta std. Mar 14, 2020 mutual fund analysis typically consists of an elementary analysis of the fund s strategy growth or value, median market cap, rolling returns, standard deviation, and perhaps a breakdown of its. Comparative study of mutual funds and bank deposits essay.
Out of 80 schemes, 54 were closeended and the 26 were openended. Ulips ulips means unit linked insurance policies, ulips are basically work like a mutual fund with a life cover thrown in. A study on performance of indian mutual fund schemes. Department of business management fakir mohan university, vyasa vihar756019, balasore, orissa, india tel.
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