Academy of Marketing Studies Journal (Print ISSN: 1095-6298; Online ISSN: 1528-2678)

Abstract

Performance Evaluation of Mutual Funds: Selected Hdfc Mutual Fund Schemes

Author(s): Arul and Sankar

A huge number of players have entered in Indian mutual fund industry for the post LPG era. In the line of HDFC mutual funds contributes more in mutual fund services. In current study is to evaluate the performance of selected 5 schemes offered by HDFC mutual funds in India by using the parameters of Sharpe ratio, Treynor ratio and Jensen performance index. The period of study is covered from 1st April 2017 to 31st March 2021. In order to evaluate the HDFC mutual funds performance, daily returns of HDFC mutual funds are compared with the NSE Nifty index. During the study period, Public Provident Fund (PPF) is considered as the risk-free return which is 7.65%. The results of the study revealed that among all the selected schemes, HDFC capital builder value fund has been outperformed than others.

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