Performance of Mutual Funds: A Comparative Study of Prominent Multi Capital and Large Capital Funds

The purpose of this paper is to compare the performance of prominent multi capital and large capital funds. We examine the performance of 10 prominent funds under both the selected categories has been analyzed during the period of study from 2013 to 2018. Their performance has also been compared aga...

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Autores principales:	Abdelkader Derbali, Ahmed K Elnagar, Lamia Jamel, Monia Ben Ltaifa
Formato:	article
Lenguaje:	AR EN
Publicado:	Ziane Achour University of Djelfa 2020
Materias:	large cap funds mutual funds multi cap funds return risk Social Sciences H Commerce HF1-6182
Acceso en línea:	https://doaj.org/article/e0ec8e7257764bbdab0b4065ab491dcd
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spelling	oai:doaj.org-article:e0ec8e7257764bbdab0b4065ab491dcd2021-12-02T16:11:01ZPerformance of Mutual Funds: A Comparative Study of Prominent Multi Capital and Large Capital Funds2676-184X2710-885610.48100/merj.v2i4.123https://doaj.org/article/e0ec8e7257764bbdab0b4065ab491dcd2020-09-01T00:00:00Zhttps://mer-j.com/merj/index.php/merj/article/view/123https://doaj.org/toc/2676-184Xhttps://doaj.org/toc/2710-8856The purpose of this paper is to compare the performance of prominent multi capital and large capital funds. We examine the performance of 10 prominent funds under both the selected categories has been analyzed during the period of study from 2013 to 2018. Their performance has also been compared against two most diversified benchmark indices of India such as BSE 200 and Nifty 500. We have also attempted to find out whether there is any considerable difference in the performance of the two categories of funds or not. To do so, we employ One-way Analysis of Variance (ANOVA) for the comparison of mutual funds as an econometric methodology for a period of study from 2013 to 2018 for a sample of 20 Indian mutual funds. From the empirical findings, we find that the mutual fund schemes under both the categories such as Multi Capital Funds and Large Cap Funds have generated good returns over the period and that too with a reasonable risk. Therefore, it is very safe to conclude that they are good investment option for an investor. In terms of performance of these mutual funds, the average monthly returns generated by the funds in each category are numerically different, but this difference has not been found statistically significant. At the same time, there is no significant difference between these funds and NIFTY 500 as well as these funds and BSE 200 in terms of their returns. JEL Codes: G32, G20, O16.Abdelkader DerbaliAhmed K ElnagarLamia JamelMonia Ben LtaifaZiane Achour University of Djelfaarticlelarge cap fundsmutual fundsmulti cap fundsreturnriskSocial SciencesHCommerceHF1-6182ARENمجلة بحوث الإدارة والاقتصاد, Vol 2, Iss 4, Pp 27-44 (2020)
institution	DOAJ
collection	DOAJ
language	AR EN
topic	large cap funds mutual funds multi cap funds return risk Social Sciences H Commerce HF1-6182
spellingShingle	large cap funds mutual funds multi cap funds return risk Social Sciences H Commerce HF1-6182 Abdelkader Derbali Ahmed K Elnagar Lamia Jamel Monia Ben Ltaifa Performance of Mutual Funds: A Comparative Study of Prominent Multi Capital and Large Capital Funds
description	The purpose of this paper is to compare the performance of prominent multi capital and large capital funds. We examine the performance of 10 prominent funds under both the selected categories has been analyzed during the period of study from 2013 to 2018. Their performance has also been compared against two most diversified benchmark indices of India such as BSE 200 and Nifty 500. We have also attempted to find out whether there is any considerable difference in the performance of the two categories of funds or not. To do so, we employ One-way Analysis of Variance (ANOVA) for the comparison of mutual funds as an econometric methodology for a period of study from 2013 to 2018 for a sample of 20 Indian mutual funds. From the empirical findings, we find that the mutual fund schemes under both the categories such as Multi Capital Funds and Large Cap Funds have generated good returns over the period and that too with a reasonable risk. Therefore, it is very safe to conclude that they are good investment option for an investor. In terms of performance of these mutual funds, the average monthly returns generated by the funds in each category are numerically different, but this difference has not been found statistically significant. At the same time, there is no significant difference between these funds and NIFTY 500 as well as these funds and BSE 200 in terms of their returns. JEL Codes: G32, G20, O16.
format	article
author	Abdelkader Derbali Ahmed K Elnagar Lamia Jamel Monia Ben Ltaifa
author_facet	Abdelkader Derbali Ahmed K Elnagar Lamia Jamel Monia Ben Ltaifa
author_sort	Abdelkader Derbali
title	Performance of Mutual Funds: A Comparative Study of Prominent Multi Capital and Large Capital Funds
title_short	Performance of Mutual Funds: A Comparative Study of Prominent Multi Capital and Large Capital Funds
title_full	Performance of Mutual Funds: A Comparative Study of Prominent Multi Capital and Large Capital Funds
title_fullStr	Performance of Mutual Funds: A Comparative Study of Prominent Multi Capital and Large Capital Funds
title_full_unstemmed	Performance of Mutual Funds: A Comparative Study of Prominent Multi Capital and Large Capital Funds
title_sort	performance of mutual funds: a comparative study of prominent multi capital and large capital funds
publisher	Ziane Achour University of Djelfa
publishDate	2020
url	https://doaj.org/article/e0ec8e7257764bbdab0b4065ab491dcd
work_keys_str_mv	AT abdelkaderderbali performanceofmutualfundsacomparativestudyofprominentmulticapitalandlargecapitalfunds AT ahmedkelnagar performanceofmutualfundsacomparativestudyofprominentmulticapitalandlargecapitalfunds AT lamiajamel performanceofmutualfundsacomparativestudyofprominentmulticapitalandlargecapitalfunds AT moniabenltaifa performanceofmutualfundsacomparativestudyofprominentmulticapitalandlargecapitalfunds
_version_	1718384441821233152

Performance of Mutual Funds: A Comparative Study of Prominent Multi Capital and Large Capital Funds

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