Drishtikon: A Management Journal

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Mutual Fund Performance: A Review


Affiliations
1 Assistant Professor, GITAM Institute of International Business, GITAM University. Visakhapatnam, Andhra Pradesh
2 Associate Professor, MSM-SFB MBA Program School of Finance and Banking, KIGALI-RWANDA
     

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One of the successful recent financial innovations is the mutual funds. Mutual fund industry has evolved in to a market that caters to every investment objective of the investor, as the products offered provide a range of benefits like, retirement savings, investment products for tax, deferred individual retirement plans, capital appreciation, regular savings and return. The most important evaluation criterion an individual investor considers for investing in a fund is its past performance. The individual investors need to understand that past performance of a fund is not be read independently but jointly with investment style, expense ratios, minimum investment, fund manager and his personal investment, governance structure etc. An attempt has been made in the paper to understand the different facets of mutual fund performance by reviewing research works of different authors on mutual fund performance.

Keywords

Mutual Funds, Mutual Fund Performance, Review, Ranking of Funds, Ethical Investments
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  • Mutual Fund Performance: A Review

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Authors

K. Lubza Nihar
Assistant Professor, GITAM Institute of International Business, GITAM University. Visakhapatnam, Andhra Pradesh
K. Satya Murthy
Associate Professor, MSM-SFB MBA Program School of Finance and Banking, KIGALI-RWANDA

Abstract


One of the successful recent financial innovations is the mutual funds. Mutual fund industry has evolved in to a market that caters to every investment objective of the investor, as the products offered provide a range of benefits like, retirement savings, investment products for tax, deferred individual retirement plans, capital appreciation, regular savings and return. The most important evaluation criterion an individual investor considers for investing in a fund is its past performance. The individual investors need to understand that past performance of a fund is not be read independently but jointly with investment style, expense ratios, minimum investment, fund manager and his personal investment, governance structure etc. An attempt has been made in the paper to understand the different facets of mutual fund performance by reviewing research works of different authors on mutual fund performance.

Keywords


Mutual Funds, Mutual Fund Performance, Review, Ranking of Funds, Ethical Investments

References