Mutual funds very popular in us in the year 1920s, particularly open end mutual funds. Comparative analysis on mutual fund scheme mba project by. Mutual fund shares are redeemable, meaning investors can sell their shares back to the fund or to a broker acting for the fund. The rank of the fund in the category is also shown. The siepr discussion paper series reports on research and policy analysis. Research student, mba ii year finance, sinhgad college of engineering, india abstract. The results of performance measures suggest that most of the mutual fund have given positive return during 2007 to 2011. My project shows that birla sun life is performing very well as it is having higher return. Comparative analysis gives a detailed comparison of the performance of the fund visavis its category and benchmark across different time periods. Mutual funds over the years have gained immensely in their popularity. A comparative analysis on various mutual fund schemes of. Comparative analysis of mutual funds free download as powerpoint presentation. Download as doc, pdf, txt or read online from scribd. Therefore, our study has attempted to evaluate the comparative performance of public and private sector mutual fund schemes t he indian mutual fund industry has witnessed a.
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. In other words, they sell their shares on a continuous basis, although some funds stop selling when, for example, they become too large. It throws the light on how mutual funds really work, how much risk involved in it and how they diversify themselves. To study and make a comparative analysis of the mutual fund schemes offered by reliance mutual fund and identify the best. Mutual funds totally beats the ulip on liquidity ground. Sharpe 1966 in order to evaluate the riskadjusted performance of mutual funds introduced the measure known as rewardtovariability ratio currently sharpe ratio. Project on ulip pdf mortality charges and ulip administration charges are thereafter deductedon a. Chapterv comparative analysis of mutual fund schemes preface mutual funds help the small and medium size investors to participate in todays complex and modern financial scenario. Pdf the scenario of investment in systematic investment. International journal of business and management october, 2008 mutual fund vs.
Comparative study between the mutual fund of hdfc and. In the context of beta, it is observed from the table that six out of ten schemes have beta. Aryabhatta institute of management comparative analysis of mutualfund of. Associate professor, department of mba, sinhgad college of engineering, india. Please consult your financial advisor before investing. Limitations the lack of information sources for the analysis part. A critical analysis of selected mutual funds in india. Comparitive analysis of mutual funds and ulips project report free download as word doc. Project report on the introduction to mutual funds.
A project report on comparative study in equity schemes. Comparative analysis of systematic investment plan and lump. Herewith some of the research studies that have influenced the preparation of this study substantially are discussed in this section. If you continue browsing the site, you agree to the use of cookies on this website. The wise saying, compare apples with apples, and not with oranges holds true for investments too.
Gargi naidu hod academics vim bhopal submitted somesh behere mba iv semester bhopal vidyasagar institute of management. Mutual fund investments are subject to market risks. Comparative study of mutual funds in india slideshare. The project study was done to ascertain the asset allocation, entry load, exit load,associated with the mutual funds. Therefore, our study has attempted to evaluate the comparative performance of public and private sector mutual fund schemes t he indian mutual fund industry has witnessed a structural transformation during the past few years. Comparison between investment in equity and mutual fund. Jun 02, 2011 a project report on comparative study of mutual funds in india 1.
Project report of the summer internship project attopic. Mutual funds mba project study is basically made to analyze the various mutual fund schemes of different sectors to highlight the diversity of investment that mutual fund offer. The study analyzed the performance on the basis of return, standard deviation, beta as well as treynor, jensen and sharpe indexes. The income earned through these investments and capital appreciations. Jul 10, 2017 comparative analysis gives a detailed comparison of the performance of the fund visavis its category and benchmark across different time periods.
People can get many investment options to invest their savings. The main purpose of doing this project was to know about mutual fund and its functioning. Through the study one would understand how an investor could fruitfully convert a pittance into great penny by wisely investing into the right scheme according to his risk taking abilities. There is a need to understand various available tools of comparative analysis and their significance in making an investment decision. Analysis of sbi mutual funds and hdfc mutual funds. Project on comparative analysis of mutual funds a mutual fund is a trust that pools the savings of a number of investors who share a common financial goal. Department of business management fakir mohan university, vyasa vihar756019, balasore, orissa, india tel. To evaluate the past performance of selected open ended equity mutual fund schemes of reliance.
Get your financial plan done by a registered investment advisor. A study on performance evaluation of mutual funds schemes in. Perumal abstract this article focused on the financial performance analysis of mutual fund schemes equity diversified schemes and equity midcap schemes of selected banks state bank of india, canara. Concept of mutual funds a mutual fund is a trust that pools the savings of a no. A comparative study of different mutual funds schemes performance in india. Ulip on the other hand have a fiveyear lockin period, after which partial withdrawals can be made. Chapter vi comparative study of selected mutual funds. Mutual fund is a trust that pools money from investors by selling shares of the fund like any other type of company that sells stock. Discuss project on comparitive analysis of mutual funds and ulips within the final 100 mark project forums, part of the projects hub for management students mba projects and dissertations bms projects bba projects category. Comparative study between the mutual fund of hdfc and icici. The money thus collected is invested by the fund manager in different types of securities depending upon the objective of the scheme.
This study, basically, deals with the equity mutual funds that are offered for investment by the various fund houses in india. The study also used carharts fourfactor model for analyze the performance of mutual funds. Doc a project report on comparative study in equity schemes. Comparative analysis on mutual fund scheme mba project. The steeper the line, the more systematic risk or volatility a fund possesses. Return analysis and comparative study of mutual funds for hdfc asset management company ltd. Pdf the research article is titled as comparative study on performance. Finally, the paper is ended with the findin gs of the study a nd some.
Sec rules require funds to calculate the nav at least once daily. Investors can participate in the mutual fund by buying the units of the fund. Through the study one would understand how an investor could fruitfully convert a pittance into great penny by wisely investing into the right scheme according to his. Comparative analysis of birla sun life mutual fund schemes with other asset management companys schemes. With the help of this ratio he evaluated the return of 34 openend mutual funds in the period 19451963. A study on the performance analysis of mutual fund of six different companies 11006 words 45 pages. The research article is titled as comparative study on performance of selected mutual funds with reference to indian context. Mutual funds in india project report your article library. With over 20 years of rich experience in fund management, sbi mf brings forward its expertise in consistently delivering value to its investors. As on 3rd may, 2017 for details on mutual fund scheme pages, please visit this link.
The project has been carried out the title comparative analysis of mutual fund on the basis of alpha, beta and standard deviation. A study on the performance analysis of six mutual funds of six different companies submitted in partial fulfillment of the requirements for the award of bachelor of commerce of christ collegeautonomous chapter 1 introduction 1. Mutual funds generally create and sell new shares to accommodate new investors. A synopsis on performance analysis of mutual funds. Literature on mutual fund performance evaluation is enormous. An empirical study of constituency development fund projects in kenya. Introduction company profile sbi mutual fund sbi mf is one of the largest mutual funds in the country with an investor base of over 4. A project report on mutual funds in india by sanjay. Aryabhatta institute of management comparative analysis of mut. A mutual fund is like a bridge or a financial intermediary that allows a group of investors to pool in their money together with a predetermined investment objective and then this gathered money is invested by the fund manager into specific securities stocks or bonds. Nov 09, 2011 the study 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.
Mutual fund was the first non uti mutual fund established in june 1987. 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. Kishore kumar j an 2014, conducted a research on comparative performance analysis of select indian mutual fund schemes. While both mutual funds and ulip are longterm investments, mutual funds provide liquidity. Pdf comparative analysis of ulips vs mutual funds satnam. The era between 1963 and 1987 marked the existence of only one mutual fund company in india, namely the unit trust of india uti, with rs. Mutual funds issue redeemable shares that investors purchase directly from the fund or through a broker for the fund instead of purchasing from investors on a secondary market. Mutual funds experienced a period of excellent growth after world war ii, particularly in the 1980s and 1990s. Mutual fund investor can exit any time, and even make partial withdrawals if required.
A comparative study on performance of selected mutual funds. This study mainly focused on the performance of selected equity large cap mutual fund schemes in terms of risk return relationship. Pdf a comparative study on performance of selected mutual. Now a day, there is a tough competition in financial revenues due to increase in the investment products. The study measure the fund performance by using sharpe ratio with the help of pooled timeseries and cross sectional data and also focused on different attributes such as fund size, expenses, age, turnover and liquidity. The results found significant impact on fund performance. The analysis and comparative study of sbi and hdfc mutual fund in the project the risk, return and performance measurements are calculated for making analysis and comparison of two mutual. Birla sun life pe fund has low mean return with high risk. A comparative study of ulip and mutual fund investment of. On mutual fund industry and undertakes studies and research either directly or in.
A comparative analysis on various mutual fund schemes of hdfc. Few other mutual fund companies entered the mutual fund market later on. Final project report comparitive study of mutual fund. Critical success factors influencing the performance of development projects. Babasab patil a project report on the analysis and comparative study of sbi.
Performance evaluation of equity mutual funds on selected. Sep 25, 2010 many funds these days are no load and impose no sales charge. In this comparative analysis it is observed that tata equity pe fund indicates high return among the selected funds and. The source of data is website of association of mutual funds in india amfi. To do a comparative performance analysis of selected mutual fund schemes in various. Critical success factors influencing the performance of. Amount the first entrants reliance mutual funds is one and it has significant contributions to the mutual fund services. After evaluating the performance of selected mutual fund schemes in last chapter, a comparative study has been conducted in this chapter to examine the better.
The main investment objectives of mutual funds are. Analysing performance of your mf scheme using comparative. Mba project reports download l samlpe projects l finance l marketing. A large number of studies have been done on the growth and financial performance of mutual funds. A report on project work in master of business administration mba by somesh behere guided by.
Chapterv comparative analysis of mutual fund schemes preface. Lowrisk seekers may invest in franklin india prima plus fund growth and sbi bluechip fund regular growth. The overall analysis finds that hdfc and icici have been the best performers, uti an average performer and lic the worst performer which gave below expected returns on the riskreturn relationship. Pdf a comparative study of different mutual funds schemes. Trey nor 1965 presents a new way of viewing performance results. Nav net asset value the value of the funds assets minus its liabilities.
K, research methodology and project work, pune, nirali prakashan. Comparitive study of mutual funds in india money financial. Kotak ulip plans summer internship project free download as word doc. This research intends to understand and evaluate investment performance of selected mutual funds in terms of risk and return, using the various.
Performance evaluation of equity mutual funds on selected equity large cap funds. A comparative analysis is also done between the sectors, different investment. Apart from the many advantages that investing in mutual funds provide like diversification, professional management, the ease of investment process has proved to be a major enabling factor. The main function of having analysis of mutual fund is to pinpoint the strong points and weaknesses of mutual fund schemes. The study period is 1st january 2007 to 31st december, 2011.
Comparative analysis of birla sun life mutual fund schemes. In this project, the research design is explorative in nature. Mutual funds are investment companies regulated by the investment company act of 1940. Comparative performance analysis of public sector sponsored. Diversified investment mutual funds have a diversified investment portfolio which helps in minimizing the. A project report on comparative study in equity schemes of. The concept of mutual funds in india dates back to the year 1963. Mutual fund, open ended schemes, tax saving scheme, ratio. Prajapati and patel 2012 conducted a study on equity diversified mutual fund schemes.
A study on performance evaluation of mutual funds schemes. A project report on comparative study of mutual funds in india. 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. Comparison between investment in equity and mutual fund financial management project topics, finance base paper, accounting thesis list, dissertation, synopsis, abstract, report, source code, full pdf details for master of business administration mba, bba. The study 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 there is a need to understand various available tools of comparative analysis and their significance in making an investment decision. The scenario of investment in systematic investment plan sip among the retail customers. Mutual funds are financial intermediaries which collect the savings of investors and invest them in primary and secondary securities, like money market instruments, corporate and government bonds, and equity shares of joint stock companies. At the end of 1993, the mutual fund industry had assets under management of rs. A project report on comparative study of mutual funds in india slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. The results showed that to a major extent the capital market was highly. Pdf n the present growing and challenging business environment, the investment. University of mumbai project on comparative study of mutual funds in india submitted in partial fulfillment of the requirements for the award of the degree of bachelor of management by project guide bachelor of management studies semester v 200910 v. He attempted to rate the performance of mutual funds on a characteristics line graphically.