Research Article Open Access

A Comparative Analysis of Selected Mutual Fund Schemes in Banking Sector

Abstract

Indian banking sector is vast and provides various investment category, mutual fund is one of those many investments. This paper aims to evaluate, analyse, compare and rank small cap direct growth scheme of four selected banks (Axis Small Cap fund direct Growth option, Kotak Small Cap Fund Direct Growth Option, ICICI Prudential Small Cap Fund Direct Growth option and HDFC Small Cap fund Direct Growth Option) on basis of their financial performance. For which secondary data was extracted from the fact sheets of the company, for period of 3 years. To fulfil the purpose of the study the daily NAVs of the mutual funds has been analyzed through Sharpe’s Ratio and Treynor’s Ratio. The results revealed that Kotak Mahindra small cap direct option growth plan was found to be top ranker in Treynor Ratio while the ranking of Sharpe ratio kept on changing year by year.

Mr. Sivanagaraju Akki*, Dr. E Uma Reddy

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