An Assessment of the Top Performing Mutual Funds in the Indian Market
Author : Dr. Balaji Bhovi, Abhishek Varma, Akhil Cyriac Angelo and Joshua Francis Xavier
Abstract :
Mutual funds have long been a popular investment option for a variety of investors since they pool capital from multitudes of investors who then invest in a diversified range of a category of certain other securities. One of the major reasons behind comparing mutual funds from different classes is to make a good investment decision that will help us to achieve our unique financial goals, risk tolerance, and market conditions. This particular study will be used to find out the execution and the returns of the top performing funds in each category that being Large, Mid and Small Cap. The study also aims to find out how the top funds in each of these categories perform over a certain time period and also to assess the annualized returns as well as the absolute returns that have been generated by each of the mutual funds, the analysis also hopes to assess the returns of the top mutual funds against the benchmark indices it competes with. The paper also studies the various steps investors can take to ensure that their investment practices are safe and less volatile, the paper also highlights how each category of Mutual Fund caters to every single individual investor so that it satisfies every investors investment horizon and range of volatility that the investor is capable of handling.
Keywords :
NAV, India, large, mid, small, SENSEX, NIFTY, returns, benchmark
