A Study on Performance Evaluation of Mutual Funds at Karvy Stock Broking Ltd, Hospet.

Abstract

I chose this topic to learn about the performance of mutual funds. Another objective is to compare the risk involvement and the return in the selected mutual funds comparatively, to identify the scheme which yields highest return. For this study I have collected data from secondary sources. For arriving the analysis Treynor’s, Sharpe’s, and Jensen’s is being used to know the returns which provides the highest and the least yields. It is analyzed that the performance of Indian mutual funds a far performance measures, a few funds demonstrate similarly with straight relationship of returns and risk. A few funds don’t exhibit relationship; a few funds have outperformed both as far as Treynor’s measure and Sharpe’s measure. However a few funds showed unrivalled performance as far as precise risk yet did not do as such in appreciation of aggregate risks. From the discover we recommended that SBI, ICICI, HDFC, AXIS, Reliance, Kotak Mahindra, being performing better from the analysis of beta, standard deviation, Treynor’s, Sharpe’s ratio for the chosen period of study.