A Comparative Performance Evaluation of Private Sector and Public Sector Equity Funds of India

Download or read book A Comparative Performance Evaluation of Private Sector and Public Sector Equity Funds of India written by Prerna Patwa and published by . This book was released on 2015 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Mutual fund is an investment avenue which offers different schemes to its investors that match their risk-bearing capacity and generate smart returns. This is a comparative study of the performance of equity funds focusing on the growth of public sector mutual funds and private sector mutual funds. It aims to evaluate the performance of equity funds by analyzing a sample of four companies each from both the sectors and five schemes of similar nature. It basically evaluates the risk-return profile of the funds. Testing the hypotheses using Mann-Whitney U-test, the study reveals that there is a significant difference between the performances of private and public sector mutual funds and that the private sector has performed better than the public sector.