Comparative Empirical Study Of Sbi Mutual Fund Vis A Vis Its Selected Competitors

Abstract

Mutual fund is an important and good source of investment options for investors. This source helps the people in earning good profit compared to other source of investment. In India most of the people does not have the adequate knowledge on the subject of mutual fund. They sense that mutual fund investment is unsafe investment and they feel that it is likely gambling. This lack of awareness and misunderstanding about mutual funds leads to low investment in this industry. There is a need of creating awareness in the minds of people by telling the benefit of investments in mutual funds. This study contains information regarding performance analysis of selected companies various mutual fund schemes. The main objective of the study is to understand how SBI mutual fund schemes performing better than other companies mutual fund schemes and to analyse the risk and return of various funds. Various performance analysis tools like Sharpe measure, Treynor measure and Jensen measure are considered for the purpose of study. From this study SBI company fund are performing better in the market from the last ten years. Karl Pearson correlation test is used in order to measure the relationship between Sensex return and SBI mutual fund return. Finally this report says how SBI mutual fund schemes are performing better than other company’s mutual fund schemes.