Comparative Performance Study of Mutual Funds in India

11 DEFINITION

A Mutual Fund is a trust that pools the savings of a number of investors who

share a common financial goal The money thus collected is invested by the fund

manager in different types of securities depending upon the objective of the scheme

These could range from shares to debentures to money market instruments The income

earned through these investments and the capital appreciations realized by the scheme are

shared by its unit holders in proportion to the number of units owned by them Thus a

Mutual Fund is the most suitable investment for the common man as it offers an

opportunity to invest in a diversified professionally managed portfolio at a relatively low

cost The small savings of all the investors are put together to increase the buying power

and hire a professional manager to invest and monitor the money Anybody with an

investible surplus of as little as a few thousand rupees can invest in Mutual Funds Each

Mutual Fund scheme has a defined investment objective and strategy

You can buy mutual fund shares directly from the mutual fund company or from a

stock broker or intermediary Either way buying and redeeming is relatively easy

FIGURE PROCESS OF MUTUAL FUND1

1 Source wwwmutualfundindiacom

1

12 SUBJECT BACKGROUND OF THE RESEARCH TOPIC

121 ADVANTAGES OF MUTUAL FUND

1 Professional Management

Mutual Funds provide the services of experienced and skilled professionals

backed by a dedicated investment research team that analyses the performance and

prospects of companies and selects suitable investments to achieve the objectives of the

scheme

2Diversification

Mutual Funds invest in a number of companies across a broad cross-section of

industries and sectors

This diversification reduces the risk because seldom do all stocks decline at the same

time and in the same proportion You achieve this diversification through a Mutual Fund

with far less money than you can do on your own

3 Convenient Administration

Investing in a Mutual Fund reduces paperwork and helps you avoid many

problems such as bad deliveries delayed payments and follow up with brokers and

companies Mutual Funds save your time and make investing easy and convenient

4 Return Potential

Over a medium to long-term Mutual Funds have the potential to provide a higher

return as they invest in a diversified basket of selected securities

5 Low Costs

Mutual Funds are a relatively less expensive way to invest compared to directly

investing in the capital markets because the benefits of scale in brokerage custodial and

other fees translate into lower costs for investors

2

6 Liquidity

In open-end schemes the investor gets the money back promptly at net asset

Value related prices from the Mutual Fund In closed-end schemes the units can be sold

on a stock exchange at the prevailing market price or the investor can avail of the facility

of direct repurchase at NAV related prices by the Mutual Fund

7 Transparency

You get regular information on the value of your investment in addition to

disclosure on the specific investments made by your scheme the proportion invested in

each class of assets and the fund managers investment strategy and outlook

8 Flexibility

Through features such as regular investment plans regular withdrawal plans and

dividend reinvestment plans you can systematically invest or withdraw funds according

to your needs and convenience

9 Affordability

Investors individually may lack sufficient funds to invest in high-grade stocks A

mutual fund because of its large corpus allows even a small investor to take the benefit of

its investment strategy

10 Choice of Schemes

Mutual Funds offer a family of schemes to suit your varying needs over a

lifetime

3

122 DRAWBACKS OF MUTUAL FUND

Mutual funds have their drawbacks and may not apply for everyone

1) No Guarantees

No investment is risk free If the entire stock market declines in value the value of

mutual fund shares will go down as well no matter how balanced the portfolio Investors

encounter fewer risks when they invest in mutual funds than when they buy and sell

stocks on their own However anyone who invests through a mutual fund runs the risk of

losing money

2) Fees and commissions

All funds charge administrative fees to cover their day-to-day expenses Some funds

also charge sales commissions or loads to compensate brokers financial consultants or

financial planners Even if you dont use a broker or other financial adviser you will pay

a sales commission if you buy shares in a Load Fund

3) Taxes

During a typical year most actively managed mutual funds sell anywhere from 20 to

70 percent of the securities in their portfolios If your fund makes a profit on its sales you

will pay taxes on the income you receive even if you reinvest the money you made

4) Management risk

When you invest in a mutual fund you depend on the funds manager to make the

right decisions regarding the funds portfolio If the manager does not perform as well as

you had hoped you might not make as much money on your investment as you expected

Of course if you invest in Index Funds you forego management risk because these

funds do not employ managers

4

123 TYPES OF MUTUAL FUND SCHEMES

Mutual fund schemes may be classified on the basis of its structure and its

investment objective

By structure

Open ended Close ended Interval schemes

By investment objectives

Growth schemes Income schemes Balanced schemes Money market schemes

Other schemes

Tax saving schemes Special schemes Index schemes Sector specific schemes

5

By Structure

1) Open-end Funds

An open-end fund is one that is available for subscription all through the year

These do not have a fixed maturity Investors can conveniently buy and sell units at Net

Asset Value (NAV) related prices The key feature of open-end schemes is liquidity

2) Closed-end Funds

A closed-end fund has a stipulated maturity period which generally ranging from

3 to 15 years The fund is open for subscription only during a specified period Investors

can invest in the scheme at the time of the initial public issue and thereafter they can buy

or sell the units of the scheme on the stock exchanges where they are listed In order to

provide an exit route to the investors some close-ended funds give an option of selling

back the units to the Mutual Fund through periodic repurchase at NAV related prices

SEBI Regulations stipulate that at least one of the two exit routes is provided to the

investor

3) Interval Funds

Interval funds combine the features of open-ended and close-ended schemes

They are open for sale or redemption during pre-determined intervals at NAV related

prices

6

By Investment Objective

1) Growth Funds

The aim of growth funds is to provide capital appreciation over the medium to

long term Such schemes normally invest a majority of their corpus in equities It has

been proved that returns from stocks have outperformed most other kind of investments

held over the long term Growth schemes are ideal for investors having a long term

outlook seeking growth over a period of time

2) Income Funds

The aim of income funds is to provide regular and steady income to investors

Such schemes generally invest in fixed income securities such as bonds corporate

debentures and Government securities Income Funds are ideal for capital stability and

regular income

3) Balanced Funds

The aim of balanced funds is to provide both growth and regular income Such

schemes periodically distribute a part of their earning and invest both in equities and

fixed income securities in the proportion indicated in their offer documents In a rising

stock market the NAV of these schemes may not normally keep pace or fall equally

when the market falls These are ideal for investors looking for a combination of income

and moderate growth

4) Money Market Funds

The aim of money market funds is to provide easy liquidity preservation of

capital and moderate income These schemes generally invest in safer short-term

instruments such as treasury bills certificates of deposit commercial paper and inter-

bank call money

7

Returns on these schemes may fluctuate depending upon the interest rates

prevailing in the market These are ideal for Corporate and individual investors as a

means to park their surplus funds for short periods

Other schemes

1) Tax Saving Schemes

These schemes offer tax rebates to the investors under specific provisions of the

Indian Income Tax laws as the Government offers tax incentives for investment in

specified avenues Investments made in Equity Linked Savings Schemes (ELSS) and

Pension Schemes are allowed as deduction us 88 of the Income Tax Act 1961

2) Special Schemes

a) Industry Specific Schemes

Industry Specific Schemes invest only in the industries specified in the offer

document The investment of these funds is limited to specific industries like InfoTech

FMCG and Pharmaceuticals etc

b) Index Schemes

Index Funds attempt to replicate the performance of a particular index such as the

BSE Sensex or the NSE 50

c) Sectoral Schemes

Sectoral Funds are those which invest exclusively in a specified sector This could

be an industry or a group of industries or various segments such as A Group shares or

initial public offerings

8

124 MUTUAL FUND STRUCTURE

Sponsor

Sponsor is the person who acting alone or in combination with another body

corporate establishes a mutual fund Sponsor must contribute at least 40 of the net

worth of the Investment Managed and meet the eligibility criteria prescribed under the

Securities and Exchange Board of India (Mutual Funds) Regulations 1996The Sponsor

is not responsible or liable for any loss or shortfall resulting from the operation of the

Schemes beyond the initial contribution made by it towards setting up of the Mutual

Fund

Trust

The Mutual Fund is constituted as a trust in accordance with the provisions of the

Indian Trusts Act 1882 by the Sponsor The trust deed is registered under the Indian

Registration Act 1908

9

Trustee

Trustee is usually a company (corporate body) or a Board of Trustees (body of

individuals) The main responsibility of the Trustee is to safeguard the interest of the unit

holders and inter alias ensure that the AMC functions in the interest of investors and in

accordance with the Securities and Exchange Board of India (Mutual Funds) Regulations

1996 the provisions of the Trust Deed and the Offer Documents of the respective

Schemes At least 23rd directors of the Trustee are independent directors who are not

associated with the Sponsor in any manner

Asset Management Company (AMC)

The Trustee as the Investment Manager of the Mutual Fund appoints the AMC

The AMC is required to be approved by the Securities and Exchange Board of India

(SEBI) to act as an asset management company of the Mutual Fund At least 50 of the

directors of the AMC are independent directors who are not associated with the Sponsor

in any manner The AMC must have a net worth of at least 10 crore at all times

Registrar and Transfer Agent

The AMC if so authorized by the Trust Deed appoints the Registrar and Transfer

Agent to the Mutual Fund The Registrar processes the application form redemption

requests and dispatches account statements to the unit holders The Registrar and

Transfer agent also handles communications with investors and updates investor record

10

125 RIGHTS OF A MUTUAL FUND UNIT HOLDER

A unit holder in a Mutual Fund scheme governed by the SEBI (Mutual Funds)

Regulations is entitled to

1 Receive information about the investment policies investment objectives

financial position and general affairs of the scheme

2 Receive unit certificates or statements of accounts confirming the title within 6

weeks from the date of closure of the subscription or within 6 weeks from the date

of request for a unit certificate is received by the Mutual Fund

3 Receive dividend within 42 days of their declaration and receive the redemption

or repurchase proceeds within 10 days from the date of redemption or repurchase

4 Vote in accordance with the Regulations to-

a Approve or disapprove any change in the fundamental investment policies

of the scheme which are likely to modify the scheme or affect the interest

of the unit holder The dissenting unit holder has a right to redeem the

investment

b Change the Asset Management Company

c Wind up the schemes

11

126 TAX BENEFITS OF MUTUAL FUNDS

Section 94(6) of the Income Tax Act 1961

Section 94(6) of the Income Tax Act 1961 now provides that any person who

buys or acquires any securities or unit within a period of three months prior to the record

date and such person sells or transfers such securities or unit within a period of three

months after such date and the dividend or income on such securities or unit received or

receivable by such person is exempt then the loss if any arising to him on account of

such purchase and sale of securities or unit to the extent such loss does not exceed the

amount of dividend or income received or receivable on such securities or unit shall be

ignored for the purposes of computing his income chargeable to tax

The dividend received by the investors from the scheme will be exempt from

income tax for all categories of investors under Section 10(33) of the Income Tax Act

1961 The scheme will pay a distribution tax currently 10 plus surcharge if the

portfolio holds less than 50 percent debt securities on an average during the last one year

period

Section 88 of the Income Tax Act 1961

Specified units of mutual fund schemes qualify for rebate under Section 88 of the

Income Tax Act 1961 subscription to the Units of the Scheme by Individuals and Hindu

Undivided Families not exceeding Rupees ten thousand would be eligible to a deduction

from income-tax of an amount equal to 20 of the amount so subscribed In the case of

subscription by an individual whose income is derived from the exercise of his

profession as an author playwright artist musician actor or sportsman (including an

athlete) the deduction admissible would be at the rate of 25

12

Tax Deduction at Source

There will not be any Tax Deduction at Source on payment to resident unit-

holders towards redemption or dividends

Wealth tax benefits

Mutual Fund units are exempt from Wealth Tax

To NRIrsquos OCBrsquos

a) Tax Deduction at Source (TDS)

RedemptionsExchangesSwitches by non-residents OCBs amp FIIs will be

subjected to tax deduction at source at the rates in force and certificates for tax deducted

will be issued

To Charitable Trusts

Investment in the units of the scheme is an eligible mode of investment under

Section 11(5) of the Income Tax Act read with Income Tax Rule 17 C

To the Fund

Open Ended Mutual Funds are exempt from income tax under Section 10 [23D]

of the Act

13

21 STATEMENT OF THE PROBLEM

To study about the performance of various Mutual funds and compare it with the

respective Benchmark indices in the market and rank them in a systematic order over a

period of time (5 yearrsquos) and to find the risk and return of each scheme and also creating

awareness about Equity Schemes among the investors

22 NEED FOR STUDY

The Performance evaluation of equity schemes with their respective Benchmark

indexes and to find out the Beta of the fund Standard deviation of the fund and

performance measures of Sharpe and Treynors It helps the investors whether to invest in

Equity Schemes in Mutual Fund house The performance of Equity schemes in Mutual

Fund industry however helps the prospective investors to choose the best investment

avenue that suit his objective

There has always been high volatility in India which leads to very high-risk

levels So there is an absolute need to develop This concept makes all the investors

aware of its advantages and makes them use these instruments according to their needs

To study the concept of Mutual funds such as how mutual funds have come into

existence the different types of mutual funds schemes such as open ended schemes

closed ended schemes to compare the performance of different mutual funds to

understand the concept of NAV and mutual funds to identify the different players in

mutual fund industry to compare equity funds with their respective Bench Mark index

14

23 OBJECTIVES OF THE STUDY

To compare the performance of different mutual funds

To identify different players in mutual fund industry

To study and compare the return of Equity mutual funds with their respective

Benchmark indexes

To study the best performing Funds using Sharpe Treynor amp Jensen measures

24 OPERATIONAL DEFINITION OF CONCEPTS

Net Asset Value or NAV

NAV is the total asset value (net of expenses) per unit of the fund and is

calculated by the Asset Management Company (AMC) at the end of every business day

Net asset value on a particular date reflects the realizable value that the investor will get

for each unit that he his holding if the scheme is liquidated on that date

Net asset Value of an investment company is the companyrsquos total assets minus its

total liabilities For Example if an investment company has securities and other assets

worth $100 million and has liabilities of $10 million the investment companyrsquos NAV

will be $90 million one day $100 million the next and $80 million

NAV Periodic performance in percentage

NAV Closing Value ndash NAV Opening Value

= 100

NAV Opening Value

15

Entry Load

It is the load charged by the fund manager when one invests into the fund It

increases the price of the units to more than the NAV and is expressed as a percentage of

NAV SEBI has removed the entry load on mutual funds from 18 th June 2009

ExitLoad

It is the load charged by the fund when one redeems the units from the fund It

reduces the price of the units to less than the NAV and is expressed as a percentage of

NAV

Performance

Performance of an investment indicates the returns from an investment The

returns can come by way of income distributions as well as appreciation in the value of

the investment

RISK MEASUREMENT CONCEPTS

STANDARD DEVIATION

A measure of the dispersion of a set of data from its mean The more spread apart

the data is higher the deviation In finance a standard deviation is applied to the annual

rate of return of an investment to measure the investment Volatility (Risk) A volatile

stock would have a high standard deviation In mutual funds the standard deviation tells

us how much the return on the fund is deviating from the expected normal returns

Standard deviation can also be calculated as the square root of the variance

16

Standard Deviation (Risk) of the Fund

Where

p Risk of the Fund

Rp Return of the fund

Standard Deviation (Risk) of the benchmark index

Where

Rm Index Return (Market Return)

m Risk of the Index

17

n Rp2 - ( Rp)2

n2

p =12

n Rm2 - ( Rm)2

n2m =

12

BETA

It is the measure of the relative sensitivity of a stock or mutual fund to the market

The market is assigned a beta of 1 The higher the beta the more sensitive the stock or

fund is considered to be relative to the market as a whole In other words funds with beta

more than 1 will react more to any fluctuations (whether upward or downward) in market

than funds with beta less than 1

Beta of the Fund

Where

p Beta of the fund

ARp Average return of the Mutual Fund Scheme

ARm Average return of the benchmark index

Sharpersquos Measure

Sharpe measure adjusts portfolio performance for total risk rather than market risk It tells

us whether a portfolios returns are due to smart investment decisions or a result of excess

risk The higher the Sharpe ratio for a portfolio the better the portfolio has performed

18

p =

(Rp - ARp) (Rm ndash ARm

Rm ndash ARm2

Sp =ARp - r σp

Tp =ARp - r βp

Sharpersquos Measure of Performance

Where Sp = Sharpe Index

r = riskless rate of interest (T-Bill 91 days)

p = Standard deviations of the returns of portfolio p

ARp= average return on portfolio p

Treynorrsquos Measure

It is a relative measure of performance for investment managers and measures the

return premium per unit of systematic risk as measured by the beta or relative volatility of

the portfolio While a high and positive index shows a superior risk-adjusted performance

of a fund a low and negative index is an indication of unfavorable performance

Treynorrsquos Measure of Performance

Where Tp = Treynorrsquos Index

r = Riskless rate of interest (T-Bill 91 days)

p = Beta coefficient of portfolio p

ARp= Average return on portfolio p

19

25 METHODOLOGY

To find out the performance of the Equity Diversified mutual funds past 5 Years

performance is taken into consideration for the 10 schemes of 10 Mutual Fund houses

These funds are analyzed on the basis of the following

Average return of the fund

Average return of the benchmark index

Standard deviation of the fund

Standard deviation of the benchmark index

Beta of the fund

Sharpersquos and Treynorrsquos Measure

To ease out the research work many books and articles related to the research have

been referred In this project technical and trade journals books magazines and reports

and publication of various associations connected with business and industry are referred

i Security analysis and portfolio management by Donald Fischer amp Ronald Jordan

and Investment analysis amp portfolio management by Prasanna Chandra- These

books helped to study the nature and scope of the mutual fund definitions kinds

of mutual fund and also the factors affecting risk

ii Business World Magazine- This magazine helped to grasp the facts about overall

private players and their performance in the recent years in the mutual fund

industry The brochures of the each company helped to gain a detailed knowledge

about the product and its features

20

26 SAMPLE DESIGN

EXPLORATORY RESEARCH

The main purpose of exploratory studies is that of formulating a problem for

precise investigation or of developing the working hypothesis from an operational point

of view both primary and secondary data are used for the purpose of the study

The population consists of 10 five year old funds the entire population has been

taken in to consideration for the study This study chose a sample of 10 Equity Schemes

to evaluate their performance for a period of 5 years and compare it with their respective

Benchmark index Variables yearly calculated risk and returns were used for comparing

equity schemes

27 TOOLS AND TECHNIQUES FOR DATA COLLECTION

PRIMARY DATA

The primary data was collected through records manuals fact sheets amp brochures

of the company

SECONDARY DATA

The Secondary data for this study was collected from newspapers books

magazines internet mutual fund prospectus offer documents fact sheets memorandums

and other literatures

21

28 PLAN OF ANALYSIS

The data collected are edited classified amp tabulated for easy interpretation amp

analysis Statistical tools like Measures of central tendency (averages) Measures of

Dispersion (Correlation standard deviation etc) presentation tools (graphs charts tables)

and other research tools are used to analyze the data

29 LIMITATIONS OF THE STUDY

Not all the information required was freely available

Interaction with the company professional was limited

Only 10 Equity funds of different AMCs were compared and analyzed

Only funds which are more than five years old have been considered

Only open-ended growth funds have been considered

The NAV values and the Benchmark Index values obtained may not be entirely

accurate (as taken directly from mutual fund amp market indices websites)

210 CHAPTER SCHEME

The first chapter deals with the introduction about the topic and the industry profile

The research design is covered in the second chapter which consists of the various

sampling techniques and methodology used and contextual definition

The third chapter consists of the industry profile

22

The fourth chapter that is the computation of Return Risk and Beta deals with the

analysis and interpretation of data

The summary of findings conclusion and suggestion is the fifth chapter

31 INDUSTRY PROFILE

The mutual fund industry in India started in 1963 with the formation of Unit Trust

of India at the initiative of the Government of India and the Reserve Bank The history of

mutual funds in India can be broadly divided into four distinct phases

First Phase ndash 1964-87

Unit Trust of India (UTI) was established on 1963 by an Act of Parliament It

was set up by the Reserve Bank of India and functioned under the Regulatory and

administrative control of the Reserve Bank of India In 1978 UTI was de-linked from the

RBI and the Industrial Development Bank of India (IDBI) took over the regulatory and

administrative control in place of RBI The first scheme launched by UTI was Unit

Scheme 1964

Second Phase ndash 1987-1993 (Entry of Public Sector Funds)

1987 marked the entry of non- UTI public sector mutual funds set up by public

sector banks and Life Insurance Corporation of India (LIC) and General Insurance

Corporation of India (GIC) SBI Mutual Fund was the first non- UTI Mutual Fund

established in June 1987 followed by Canbank Mutual Fund (Dec 87) Punjab National

Bank Mutual Fund (Aug 89) Indian Bank Mutual Fund (Nov 89) Bank of India (Jun 90)

Bank of Baroda Mutual Fund (Oct 92) LIC established its mutual fund in June 1989

while GIC had set up its mutual fund in December 1990

Third Phase ndash 1993-2003 (Entry of Private Sector Funds)

With the entry of private sector funds in 1993 a new era started in the Indian

mutual fund industry giving the Indian investors a wider choice of fund families Also

1993 was the year in which the first Mutual Fund Regulations came into being under

23

which all mutual funds except UTI were to be registered and governed The erstwhile

Kothari Pioneer (now merged with Franklin Templeton) was the first private sector

mutual fund registered in July 1993

The 1993 SEBI (Mutual Fund) Regulations were substituted by a more

comprehensive and revised Mutual Fund Regulations in 1996 The industry now

functions under the SEBI (Mutual Fund) Regulations 1996

Fourth Phase ndash since February 2003

In February 2003 following the repeal of the Unit Trust of India Act 1963 UTI

was bifurcated into two separate entities One is the Specified Undertaking of the Unit

Trust of India with assets under management of `29835 crores as at the end of January

2003 It does not come under the purview of the Mutual Fund Regulations The second is

the UTI Mutual Fund sponsored by SBI PNB BOB and LIC It is registered with SEBI

and functions under the Mutual Fund Regulations

As on 31st July 2010 there are a total of 40 Asset Management Companies

(AMCs) with a total of 3661 schemes The total assets under management (AUM) of all

these AMCs is to the tune of `665567 crores The top fund house as per AUM is

Reliance Mutual Fund with the total assets of `102179 crores

FIGURE THE GROWTH OF ASSETS

24

32 COMPANY PROFILE

Almondz Global Securities Ltd

321 Introduction

bull Almondz Global Securities Limited (AGSL) is a well established Independent

Investment Bank

bull The company was incorporated in 1994 and is listed on the Bombay Stock Exchange

bull It is part of the Almondz group which also comprises of the following companies

o Almondz insurance brokers pvt ltd

o Almondz reinsurance brokers pvt ltd

o Almondz capital and Management services ltd

o Almondz commodities pvt ltd

bull Experienced amp professional Board supported by a team of over 1000 professionals amp

Support Staff

25

bull An Associatesub-broker network of 4000+ spread across India

bull Head offices in Delhi amp Mumbai along with 17 branch offices all across the country

bull The company has a well diversified client base of Public Sector Units Private

Corporate Insurance Companies Fund Houses Banks amp Financial Institutions

Employee Benefit Funds High Net worth Individuals amp Retail Investors The company

has also tied up with NOBLE Investment Group of UK to increase their reach in the

Global Financial Markets

322 Business Segments

Corporate Finance

1 Investment Banking

IPOs FPOs amp Rights Issues

Private Placement of Equity

Delisting Takeover Substantial Acquisitions amp ESOPs

Private Placement of Debt

Project Finance

2 Infrastructure Advisory

Road

Power

Debt Portfolio Management

1 Secondary Debt Trading

2 Debt Portfolio Advisory

Retail amp Distribution

1 Equity IPOs

26

2 Public Issue of Debt

3 Mutual Funds

4 Tax Saving Instruments

5 Fixed Deposits amp Other Fixed Income Products

6 Portfolio Management Services

7 Insurance Products

Equity Broking

1 Retail Equity Broking

2 Institutional Equity Broking

3 DP Services

323 Guiding Principles

Objectives

Endeavor to be amongst the lsquoTop Ranked Highly Networked amp Fully Integrated

Financial Products and Services Housersquo in the country

Mission

Creating Wealth and Value for Our Clients amp Associates

Vision

To Position Ourselves Amongst Top 3 Integrated amp Professionally Managed Financial

Services Firms in India

Values

27

bull Responsibility towards Clients

bull Professional Management

bull High Corporate Governance Standards

bull System and Process Driven Business Practices amp

bullIntegrity Commitment Accountability

324 Activity Focus Publication amp Research

bull Value added in-Depth research

bull Specialized Industry amp Company coverage

bull Daily morning updates

bull Investment Opportunity suggestions

bull Daily suggestions trading idea

bull Monthly Magazine

1048633 Research Reports

1048633 Debt Market Commentary

28

1048633 The Daily Market Reports

1048633 Kya Lagta hai

1048633 Stock Ideas

1048633 Wealth Park

Activity Focus Service Deliverables

bull Daily

bull Mutual Fund Performance score card

bull Weekly

bull Market review of Equity and Debt

bull Monthly

bull Market review of Equity Debt and Forex with focus on Mutual Funds

bull Portfolio update through email

bull Wealth Park Magazine

bull Event based

29

bull Research note on New Fund Offerings by Mutual funds and Initial Public offerings of

Primary market

bull Note on special event like credit policy etc

bull Any good investment ideas

bull Dedicated Wealth Managers

bull Customer Service email id atyourservicealmondzcom

325 Current Investor Profile

Investor base of more than 100000 with AUM in excess of `1300 crores

Retail

1048633 Manage the retail investors through our channel partners

1048633 Have more than 2000 partners across the country

1048633 Service a client base of over 100000

High Net worth individuals

1048633 Advise and manage over 1000 clients through a dedicated wealth management team

1048633 The ticket size varies from ` 5 lakhs to ` 10 crores

Corporate PSU FI amp Banks

1048633 Manage over 100 investors in this category

30

1048633 Empanelled with most of the banks and FI

1048633 The ticket size vary from `50 lakhs to `200 crores

41 Introduction to Performance study of Mutual Funds

The performance of Mutual Funds has been measured for a period of five years starting

from January 2005 to December 2009 The fundsrsquo performance is analyzed and a

comparison is made between the performances of various funds with their respective

benchmark index with the help of above discussed methods (methodology section) on

yearly basis The funds chosen belong to the top 10 AMCs in India as on 31st December

2009 The funds are selected based on their corpus and objective of the portfolio

investment (Growth Schemes) More than 80 of the total corpus of each fund is

invested in the equity The following 10 Equity funds are included in the study ndash

1 Birla Sunlife Frontiline Equity

2 DSP Blackrock opportunities growth

3 ICICI Prudential growth fund

4 HDFC Equity fund

5 J M Mutual fund equity growth

6 Kotak 30 growth fund

7 Reliance mutual growth fund

8 Sundaram BNP Paribas growth

31

9 TATA pure equity growth

10 HSBC equity fund

42 Brief Description of Funds

An introduction to various mutual funds used for comparison is as follows-

BIRLA SUNLIFE MUTUAL FUNDS

Scheme Birla Sun life Frontline Equity

Objective

The scheme aims to generate long-term capital growth income generation and

distribution of dividend It would target the same sectoral weights as BSE 200 subject to

flexibility of selecting stocks within a particular sector

TABLE 32

Description of the Birla sun life frontline Equity

Mutual fund family Birla Sun life Mutual Fund

Fund class Equity Diversified

Launch Date August 2002

Fund Manager Mahesh Patil

32

Minimum Investment Rs5000

Subsequent Investment Rs1000

Minimum Withdrawal --

Minimum Balance --

Pricing Method Forward

Type Open End

Bench Mark BSE 200

Source secondary data

DSP Blackrock Mutual Fund

Scheme Opportunities Growth

Objective

The scheme seeks to achieve long-term capital appreciation by responding to the

dynamically changing Indian economy by moving across sectors such as the lifestyle

pharma cyclical and technology

TABLE 33

Description about the fund

Mutual fund family DSP Merillynch Mutual Fund

Fund Manager Anup Maheshwari

33

Minimum Withdrawal Rs1000

Minimum Balance Rs500

Type Open End

Bench Mark S amp P CNX Nifty

ICICI Mutual Fund

Scheme Prudential Growth

Objective

The scheme seeks to generate long-term capital appreciation by investing

predominantly in equities that is 95 in equities while the rest would be invested in debt

and money market instruments

TABLE 34

Description of the ICICI Prudential Growth

Mutual fund family ICICI Mutual Fund

Launch Date June 1998

34

Fund Manager Kaushik Roychaudhary

Type Open End

HDFC Mutual Fund

Scheme Equity

Objective

The scheme seeks to provide long-term capital appreciation by predominantly

investing in high growth companies

TABLE 35

Description of the HDFC Equity Growth fund

Mutual fund family HDFC Mutual Fund

Launch Date December 1994

Fund Manager Prashanth Jain

35

Type Open End

Bench Mark S amp P CNX 500

J M Mutual Fund

Scheme Equity Growth

Objective

The scheme seeks long-term capital growth and appreciation through investment

primarily in equities

TABLE 36

Description of the JM Equity Growth

Mutual fund family J M Mutual Fund

Fund Manager Amandeep Chopra

Subsequent Investment --

36

Minimum Balance --

Type Open End

Bench Mark Sensex

Source Secondary data

Kotak Mutual Funds

Scheme Kotak 30 Growth

Objective

The scheme seeks capital appreciation through investments in equities The fund

would invest in not more than 30 stocks A part of the corpus will be invested in debt

also

TABLE 37

Description of the Kotak 30 Growth

Mutual fund family Kotak Mutual Funds

Fund Manager Krishna Sanghvi

37

Type Open End

Bench Mark SampP CNX Nifty

Reliance Mutual Funds

Scheme Reliance Growth

Objective

The scheme aims at long-term growth of capital through research based

investment approach The funds will be invested in Equity and equity related instruments

and there will be an exposure to debt and money market instruments also

TABLE 38

Description of the Reliance Growth

Mutual fund family Reliance Mutual Funds

Launch Date October 1995

Fund Manager V Ramanan

38

Type Open End

Bench Mark BSE 100

Sundaram Mutual Funds

Scheme BNP Paribas Growth

Objective

The scheme aims to provide to investors a reasonably diversified portfolio of

stocks essentially meant to give higher returns in the medium to long term However on a

selective basis short-term opportunities that may yield above average returns will not be

ignored

TABLE 39

Description of the Sundaram BNP Paribas Growth

Mutual fund family Sundaram Mutual Funds

Launch Date March 1997

Fund Manager Rajesh Singh

39

Type Open End

Bench Mark BSE 200

TATA Mutual Funds

Scheme Pure Equity Growth

Objective

Earlier known as Tata Twin Option (Equity) the scheme aims at medium to long

term capital growth with 100 per cent investments in the equity of large-cap liquid blue-

chip companies

TABLE 310

Description of the Tata Pure Equity Growth

Mutual fund family TATA Mutual Fuds

Fund Manager M Venugopal

40

Type Open End

Bench Mark Sensex

HSBC Mutual Fund

Scheme Equity

Objective

The scheme seeks to generate long-term capital growth from a diversified

portfolio of equity and equity related securities of companies across a range of market

capitalizationrsquos with a preference for medium and large companies

TABLE 311

Description of the HSBC Equity

Mutual fund family HSBC Mutual Fund

Fund Manager Mihr Vora

41

Type BSE 200

Bench Mark Sensex

43 BIRLA SUNLIFE FRONTLINE EQUITY

This part of the chapter provides the comparison of Birla Frontline Equity with

Market Indicators (BSE200)

TABLE 41

Comparison of Birla Frontline equity fund with market indicators (BSE200)

Year Op Value Cl Value Rp Rp^2 Op Value Cl Value Rm Rm^2 (Rp-ARp) (Rm-ARm) Product (Rm-ARm)^22005 2446 3394 3876 150212 89048 118623 3321 110307 -268 046 -124 0212006 3398 5013 4753 225891 118878 165574 3928 154297 609 653 3979 42662007 5086 8134 5993 359151 165528 265652 6049 365876 1849 2774 51296 769432008 8213 6142 -2522 63585 266467 115659 -5660 320304 -6665 -8934 595504 7982422009 4285 7978 8618 742774 116367 218025 8736 763174 4475 5461 244372 298234

20718 1541613 16375 1713956 895026 1177707

Arp 4144 SDrp 3696 β 076 Sp 112Arm 3275 SDrm 4853 r 004 Tp 5447

NAV BSE 200

42

Where

Rp Fund Return (Portfolio Return)Rm Index Return (Market Return)ARp Average fund returnArm Average Index returnSDRp Standard deviation of Fund ReturnSDRm Standard deviation of Index return r Riskless rate of return (T-bill 91 days)2

2 wwwrbiorg official Reserve Bank of India website

43

FIGURE 41

The fund has performed excellently and the return of the fund has always been

greater than the respective market index for the period 2005-2009

The average return of the fund is also satisfactory barring the year 2008 when all

funds did not perform well

The Beta shows that it is less volatile than the market which is good for the

investors

The standard deviation of fund return compared to index return is satisfactory

The Sharpe amp Treynor Measure suggests that the fund is performing better

compared to other mutual funds in the same family

44

44 DSP BLACKROCK OPPORTUNITIES GROWTH

This part of the chapter provides the comparison of DSP Merrilynch Opportunities

Growth with Market Indicators (S amp P CNX Nifty)

TABLE 42

Comparison of DSP Opportunities growth equity fund with market indicators

(S amp P CNX Nifty)

Year Op Value Cl Value Rp Rp^2 Op Value Cl Value Rm Rm^2 (Rp-ARp) (Rm-ARm) Product (Rm-ARm)^22005 2648 3906 4751 225697 208000 283655 3637 132297 1204 543 6542 29522006 3907 5623 4392 192907 283680 396640 3982 158559 845 888 7507 78852007 5681 8989 5823 339064 396625 613860 5477 299985 2276 2383 54245 567922008 9054 4035 -5543 307294 613675 295915 -5178 268115 -9090 -8272 751928 6842532009 4109 7524 8311 690731 296330 520105 7552 570259 4764 4458 212374 198700

17733 1755692 15470 1429215 1032597 950582

SampP CNX NIFTYNAV

45

FIGURE 42

(S amp P CNX Nifty)

The fund has performed better in terms of average returns if compared to market

index

The beta of the fund suggests that it is quite volatile and it has greater risks if

compared to the benchmark index

The standard deviation of the fund shows that the returns are quite fluctuating

which is not good from the investorrsquos point of view

Sharprsquos amp Treynorrsquo Measure suggests that the fund has not performed good if

compared to similar funds in the family

46

45 ICICI PRUDENTIAL GROWTH FUND

This part of the chapter provides the comparison of ICICI Prudential Growth with Market

Indicators (S amp P CNX Nifty)

TABLE 43

Comparison of ICICI Prudential growth fund with market indicators

(S amp P CNX Nifty)

15651 1324553 15470 1429215 875932 950582

SampP CNX NIFTYNAV

47

FIGURE 43

(S amp P CNX Nifty)

The fund returns have always been at the similar level of the market returns

The beta of the fund suggests that it is not so volatile when compared to the

benchmark index

The average return of the fund is satisfactory

The standard deviation of fund return is less than that of Bench mark return

Sp and Tp measures suggests that the fund has performed satisfactory in

relation to other funds and the market

48

46 HDFC EQUITY FUND

This part of the chapter provides the comparison of HDFC Equity with Market Indicators

(S amp P CNX 500)

TABLE 44

Comparison of HDFC equity fund with market indicators (S amp P CNX500)

Year Op Value Cl Value Rp Rp^2 Op Value Cl Value Rm Rm^2 (Rp-ARp) (Rm-ARm) Product (Rm-ARm)^22005 6669 10701 6046 365527 181855 245920 3523 124106 2056 290 5959 8402006 10719 14539 3564 127004 246500 329505 3367 113390 -426 134 -571 1802007 14729 22332 5162 266455 329990 535470 6227 387737 1172 2994 35100 896252008 22459 11238 -4996 249622 537035 229575 -5725 327772 -8986 -8958 804960 8025012009 11452 23101 10172 1034700 230595 432910 8774 769762 6183 5541 342544 306972

19947 2043308 16166 1722767 1187992 1200118

SampP CNX 500NAV

49

FIGURE 44

The fund returns are highly inconsistent during the last 5 years

The fund volatility and risk factors are similar to benchmark index

The return on the fund has picked up after the instant fall in the year 2008

The overall performance is pretty good when compared to other mutual

funds in the same class and family in the industry

50

47 J M Mutual Fund Equity Growth

This part of the chapter provides the comparison of JM Equity Growth with Market

Indicators (Sensex)

TABLE 45

Comparison of JM equity fund with market indicators (Sensex)

13235 1341151 16199 1518380 962057 993575

SENSEXNAV

51

FIGURE 45

The average return of the fund is quite low as compared to the respective

benchmark index The fund has performed badly in relation to the benchmark

return

The beta of 097 indicates that it is less volatile as compared to the benchmark

index

The standard deviation of fund return is very much similar to that of benchmark

return

Overall the fund has not been up to mark when compared to other funds in the

industry

52

48 KOTAK 30 GROWTH FUND

This part of the chapter provides the comparison of Kotak 30 Growth with Market

TABLE 46

Comparison of Kotak 30 Growth fund with market indicators (SampP CNX Nifty)

16788 1485760 15470 1429215 919928 950582

SampP CNX NIFTYNAV

53

FIGURE 46

The fund has performed better than the benchmark index from 2005 to 2008

however after the correction in the market the fund has deteriorated

The Beta of the scheme is 097 which shows that its volatility is similar to

benchmark index

The standard deviation of Fund return is similar to that of Benchmark return

which means that the fundrsquos return has been similar to benchmark return

The overall performance has been satisfactory for the fund during the last 5 years

which is clear from its positive sharprsquos amp treynorrsquos measure

54

47 RELIANCE MUTUAL GROWTH FUND

This part of the chapter provides the comparison of Reliance Growth with Market

Indicators (BSE 100)

TABLE 47

Comparison of Reliance Growth fund with market indicators (BSE 100)

22102 2345791 16623 1669944 1212216 1117313

BSE 100NAV

55

FIGURE 47

Since the last 5 years the fund has always performed better than its benchmark

index BSE 100

The beta of the fund suggests that it is quite volatile and possess greater risks than

the benchmark index

The standard deviation of fund return is quite erratic when compared to other

funds in the industry

The fund has performed better in providing better returns to the investors

56

48 SUNDARAM BNP PARIBAS GROWTH

This part of the chapter provides the comparison of Sundaram BNP Paribas Growth with

Market Indicators (BSE 200)

TABLE 48

Comparison of Sundaram BNP Paribas Growth fund with market indicators

(BSE 200)

16246 1622637 16375 1713956 1109115 1177707

BSE 200NAV

57

FIGURE 48

(BSE 200)

The return of the fund was similar to benchmark index from 2005 to 2008

however it has lagged behind in the year 2009 in terms of return on investment

The beta of the fund and its standard deviation indicates that its volatility and

deviation in returns were similar to the benchmark index

The fund has performed fairly during the five years taken together but it seems

that it has lost some sense after the corrections in the market in 2009

58

49 TATA PURE EQUITY GROWTH

This part of the chapter provides the comparison of TATA Pure Equity Growth with

Market Indicators (Sensex)

TABLE 49

Comparison of Tata Pure equity growth fund with market indicators (Sensex)

16937 1511646 16199 1518380 956013 993575

SENSEXNAV

59

FIGURE 49

The fund has always performed in tune with the benchmark returns during

the last 5 years

The difference in the fund return and benchmark return is negligible

There is not much volatility in the fund when compared to benchmark index

Overall the fund has performed quite satisfactory and has been a good

investment for investors who do not require risky instruments

60

410 HSBC EQUITY FUND

This part of the chapter provides the comparison of HSBC Equity with Market Indicators

(Sensex)

TABLE 410

Comparison of HSBC equity fund with market indicators (Sensex)

14324 1179413 16199 1518380 846744 993575

SENSEXNAV

61

FIGURE 410

The fund return has been consistent during the last 5 years however many of

the times it has dipped below the benchmark returns

The volatility of the fund is quite low which means that the fund has been

managed improperly to reduce the risk factor ignoring its return

The fund has performed quite poorly when compared to its benchmark and

other similar funds in the industry

62

Table 411 Overall Ranking of 10 Mutual Funds

Sl No Mutual Funds Arp Sharp SD Treynor Beta NAV Sharp SDRp Treynor Beta Overall1 Birla Sunlife Frontiline Equity 4144 112 3696 5447 076 2 1 1 1 1 12 DSP Blackrock opportunities growth 3547 075 4747 3261 109 4 7 8 9 10 93 ICICI Prudential growth fund 3130 077 4086 3393 092 8 6 3 7 3 64 HDFC Equity fund 3989 080 4995 4026 099 3 3 9 3 8 45 J M Mutual fund equity growth 2647 059 4452 2730 097 10 10 6 10 7 106 Kotak 30 growth fund 3358 078 4294 3465 097 6 5 4 5 6 47 Reliance mutual growth fund 4420 084 5232 4071 108 1 2 10 2 9 38 Sundaram BNP Paribas growth 3249 069 4679 3446 094 7 9 7 6 4 89 TATA pure equity growth 3387 078 4331 3516 096 5 4 5 4 5 210 HSBC equity fund 2865 073 3922 3357 085 9 8 2 8 2 7

OVERALL RANK

412 Top 5 Mutual Funds

Rank NAV Sharp SD Treynor Beta Overall

1

Reliance mutual growth fund

Birla Sunlife Frontiline Equity

2

HSBC equity fund

TATA pure equity growth

3

HDFC Equity fund

ICICI Prudential growth fund

HDFC Equity fund

4

DSP Blackrock opportunities growth

Kotak 30 growth fund

Sundaram BNP Paribas growth

HDFC Equity fund

5TATA pure equity growth

63

51 FINDINGS

All funds had a steep decline in their returns in the year 2008 as markets in india tanked due to recessionary pressures in the American markets

The analysis of 10 Equity Diversified Mutual funds based on NAV returns for a

period of 5 years ranked Reliance Equity fund as the top performer with an

average rate of return of 4420 per year

All Equity schemes have shown better returns than their respective benchmark

index except JM Equity Mutual fund Sundaram BNP Paribas Growth fund amp

HSBC equity fund

Birla Sunlife Frontline Equity Fund has managed its portfolio in the best possible

manager and thus can easily be regarded as the overall best performed mutual

fund

The beta of the funds suggest that they are no highly volatile funds when it is

compared to their respective benchmark indices

None of the fund has performed poorly as per various measures of performance of

mutual fund However Birla Sunlife Frontline Equity Fund amp Reliance

Mutual Growth Fund has outperformed in the industry during the last 5 years in

terms of average return on funds

Overall performance comparison of the mutual fund after taking into

consideration the risk and return involved will put Birla Sunlife Fronline Equity

fund at the top due to its efficient management of its fund

64

52 RECOMMENDATIONS

The Mutual Fund Asset Management companies can educate and give awareness

about the concept of Mutual Funds to the investors As majority of the investors

do not know about this type of investment it should highlight the benefits of

mutual fund over other investment and attract more number of customers

The Mutual Fund Asset Management companies can come up with more

advertisements and promotional measures and it should also target the FIIrsquos and

individual investors who invest in the capital markets

The fund distributors should clearly state the objective of each fund floated by the

Asset Management Companies to help the investors choose the right investment

plan

To induce investments into mutual funds the government may provide tax

benefits to attract investment into mutual funds

The risk management systems and the benchmarking of indices may be improved

by AMFI (Association of Mutual Funds in India) to give the investors more

guidelines and tools to take a good investment decision

65

53 CONCLUSION

Saving money is not enough Each of us also need to invest onersquos savings

intelligently in order to have enough money available for funding the higher education

of one s children for buying a house and many other future dreams

This study will guide the new investor who wants to invest in equity-diversified

schemes by providing knowledge about how to measure the risk and return of particular

mutual fund scheme The study recommends new investors to go for equity schemes

due to their high return and managed risk by professionals

The biggest advantage of the Mutual Fund is its various diversified investment

plan and transparency in the operation of the Asset management Company It is quite

clear from the analysis that such type of investment give small investors of invested sum

as low as `3000- a chance to put their hard earned money in the best and diversifies

investment plans effectively and efficiently managed by market professionals

From the analysis of equity schemes with their respective benchmark index it is

known that Reliance Growth is the best scheme with high NAV returns followed by Birla

Sunlife Frontiline Equity HDFC Equity fund DSP Blackrock opportunities growth amp

TATA pure equity growth Such type of analysis by the mutual fund regulators and

various investor assisting agency can not only enhance the customer confidence in mutual

funds but can also help them understand the various advantages and disadvantages of

investing their money in the mutual funds Thus Mutual fund is the one of the best

available investment option available to individual future growing requirements and

needs

66

BIBLIOGRAPHY

BOOKS

Fischer amp Jordan ldquoSecurities Analysis amp Portfolio Managementrdquo

Prasanna Chandra- ldquoFinancial management Theory and Practicerdquo

Chakrabarthi A Rungta H ndash ldquoMutual Fund Industry in Indiardquo The ICFAI

Journal of Applied Finance

JOURNALS

Value Research Feb 2008

WEBSITES

wwwvalueresearchonlinecom

wwwmutualfundsindiacom

wwwamfiindiacom

wwwbseindiacom

wwwnseindiacom

wwwindiainfolinecom

67

TABLE 32
- TABLE 43
- TABLE 48

Page 2: Comparative Performance Study of Mutual Funds in India

12 SUBJECT BACKGROUND OF THE RESEARCH TOPIC

121 ADVANTAGES OF MUTUAL FUND

1 Professional Management

Mutual Funds provide the services of experienced and skilled professionals

backed by a dedicated investment research team that analyses the performance and

prospects of companies and selects suitable investments to achieve the objectives of the

scheme

2Diversification

Mutual Funds invest in a number of companies across a broad cross-section of

industries and sectors

This diversification reduces the risk because seldom do all stocks decline at the same

time and in the same proportion You achieve this diversification through a Mutual Fund

with far less money than you can do on your own

3 Convenient Administration

Investing in a Mutual Fund reduces paperwork and helps you avoid many

problems such as bad deliveries delayed payments and follow up with brokers and

companies Mutual Funds save your time and make investing easy and convenient

4 Return Potential

Over a medium to long-term Mutual Funds have the potential to provide a higher

return as they invest in a diversified basket of selected securities

5 Low Costs

Mutual Funds are a relatively less expensive way to invest compared to directly

investing in the capital markets because the benefits of scale in brokerage custodial and

other fees translate into lower costs for investors

2

6 Liquidity

7 Transparency

8 Flexibility

9 Affordability

lifetime

3

1) No Guarantees

losing money

3) Taxes

4) Management risk

4

By structure

Other schemes

5

By Structure

1) Open-end Funds

2) Closed-end Funds

investor

3) Interval Funds

prices

6

1) Growth Funds

2) Income Funds

regular income

3) Balanced Funds

and moderate growth

bank call money

7

Other schemes

2) Special Schemes

b) Index Schemes

c) Sectoral Schemes

8

Sponsor

Fund

Trust

9

Trustee

10

investment

11

period

12

Wealth tax benefits

will be issued

To the Fund

of the Act

13

22 NEED FOR STUDY

14

Benchmark indexes

= 100

NAV Opening Value

15

Entry Load

ExitLoad

NAV

Performance

the investment

STANDARD DEVIATION

16

Where

p Risk of the Fund

Where

m Risk of the Index

17

n Rp2 - ( Rp)2

n2

p =12

n Rm2 - ( Rm)2

n2m =

12

BETA

Beta of the Fund

Where

p Beta of the fund

18

p =

Rm ndash ARm2

Sp =ARp - r σp

Tp =ARp - r βp

19

25 METHODOLOGY

Beta of the fund

20

26 SAMPLE DESIGN

equity schemes

PRIMARY DATA

of the company

SECONDARY DATA

21

28 PLAN OF ANALYSIS

210 CHAPTER SCHEME

22

31 INDUSTRY PROFILE

Scheme 1964

23

24

32 COMPANY PROFILE

321 Introduction

Investment Bank

Support Staff

25

Corporate Finance

Project Finance

Road

Power

1 Equity IPOs

26

3 Mutual Funds

Equity Broking

3 DP Services

Objectives

Mission

Vision

Values

27

28

1048633 Stock Ideas

1048633 Wealth Park

bull Daily

bull Weekly

bull Monthly

bull Event based

29

Primary market

Retail

30

4 HDFC Equity fund

31

10 HSBC equity fund

Objective

TABLE 32

32

Minimum Balance --

Type Open End

Bench Mark BSE 200

Objective

TABLE 33

33

Type Open End

ICICI Mutual Fund

Objective

TABLE 34

34

Type Open End

HDFC Mutual Fund

Scheme Equity

Objective

TABLE 35

35

Type Open End

J M Mutual Fund

Objective

TABLE 36

36

Minimum Balance --

Type Open End

Bench Mark Sensex

Kotak Mutual Funds

Objective

also

TABLE 37

37

Type Open End

Objective

TABLE 38

38

Type Open End

Bench Mark BSE 100

Objective

ignored

TABLE 39

39

Type Open End

Bench Mark BSE 200

TATA Mutual Funds

Objective

chip companies

TABLE 310

40

Type Open End

Bench Mark Sensex

HSBC Mutual Fund

Scheme Equity

Objective

TABLE 311

41

Type BSE 200

Bench Mark Sensex

TABLE 41

20718 1541613 16375 1713956 895026 1177707

NAV BSE 200

42

Where

43

FIGURE 41

investors

44

TABLE 42

(S amp P CNX Nifty)

17733 1755692 15470 1429215 1032597 950582

SampP CNX NIFTYNAV

45

FIGURE 42

(S amp P CNX Nifty)

index

46

TABLE 43

(S amp P CNX Nifty)

15651 1324553 15470 1429215 875932 950582

SampP CNX NIFTYNAV

47

FIGURE 43

(S amp P CNX Nifty)

benchmark index

48

46 HDFC EQUITY FUND

(S amp P CNX 500)

TABLE 44

19947 2043308 16166 1722767 1187992 1200118

SampP CNX 500NAV

49

FIGURE 44

50

Indicators (Sensex)

TABLE 45

13235 1341151 16199 1518380 962057 993575

SENSEXNAV

51

FIGURE 45

return

index

return

industry

52

TABLE 46

16788 1485760 15470 1429215 919928 950582

SampP CNX NIFTYNAV

53

FIGURE 46

benchmark index

54

TABLE 47

22102 2345791 16623 1669944 1212216 1117313

BSE 100NAV

55

FIGURE 47

index BSE 100

the benchmark index

56

TABLE 48

(BSE 200)

16246 1622637 16375 1713956 1109115 1177707

BSE 200NAV

57

FIGURE 48

(BSE 200)

58

TABLE 49

16937 1511646 16199 1518380 956013 993575

SENSEXNAV

59

FIGURE 49

the last 5 years

60

(Sensex)

TABLE 410

14324 1179413 16199 1518380 846744 993575

SENSEXNAV

61

FIGURE 410

62

OVERALL RANK

1

2

HSBC equity fund

3

HDFC Equity fund

4

HDFC Equity fund

63

51 FINDINGS

HSBC equity fund

fund

64

52 RECOMMENDATIONS

plan

65

53 CONCLUSION

needs

66

BIBLIOGRAPHY

BOOKS

JOURNALS

WEBSITES

wwwamfiindiacom

wwwbseindiacom

wwwnseindiacom

wwwindiainfolinecom

67

TABLE 32
- TABLE 43
- TABLE 48

Page 3: Comparative Performance Study of Mutual Funds in India

6 Liquidity

7 Transparency

8 Flexibility

9 Affordability

lifetime

3

1) No Guarantees

losing money

3) Taxes

4) Management risk

4

By structure

Other schemes

5

By Structure

1) Open-end Funds

2) Closed-end Funds

investor

3) Interval Funds

prices

6

1) Growth Funds

2) Income Funds

regular income

3) Balanced Funds

and moderate growth

bank call money

7

Other schemes

2) Special Schemes

b) Index Schemes

c) Sectoral Schemes

8

Sponsor

Fund

Trust

9

Trustee

10

investment

11

period

12

Wealth tax benefits

will be issued

To the Fund

of the Act

13

22 NEED FOR STUDY

14

Benchmark indexes

= 100

NAV Opening Value

15

Entry Load

ExitLoad

NAV

Performance

the investment

STANDARD DEVIATION

16

Where

p Risk of the Fund

Where

m Risk of the Index

17

n Rp2 - ( Rp)2

n2

p =12

n Rm2 - ( Rm)2

n2m =

12

BETA

Beta of the Fund

Where

p Beta of the fund

18

p =

Rm ndash ARm2

Sp =ARp - r σp

Tp =ARp - r βp

19

25 METHODOLOGY

Beta of the fund

20

26 SAMPLE DESIGN

equity schemes

PRIMARY DATA

of the company

SECONDARY DATA

21

28 PLAN OF ANALYSIS

210 CHAPTER SCHEME

22

31 INDUSTRY PROFILE

Scheme 1964

23

24

32 COMPANY PROFILE

321 Introduction

Investment Bank

Support Staff

25

Corporate Finance

Project Finance

Road

Power

1 Equity IPOs

26

3 Mutual Funds

Equity Broking

3 DP Services

Objectives

Mission

Vision

Values

27

28

1048633 Stock Ideas

1048633 Wealth Park

bull Daily

bull Weekly

bull Monthly

bull Event based

29

Primary market

Retail

30

4 HDFC Equity fund

31

10 HSBC equity fund

Objective

TABLE 32

32

Minimum Balance --

Type Open End

Bench Mark BSE 200

Objective

TABLE 33

33

Type Open End

ICICI Mutual Fund

Objective

TABLE 34

34

Type Open End

HDFC Mutual Fund

Scheme Equity

Objective

TABLE 35

35

Type Open End

J M Mutual Fund

Objective

TABLE 36

36

Minimum Balance --

Type Open End

Bench Mark Sensex

Kotak Mutual Funds

Objective

also

TABLE 37

37

Type Open End

Objective

TABLE 38

38

Type Open End

Bench Mark BSE 100

Objective

ignored

TABLE 39

39

Type Open End

Bench Mark BSE 200

TATA Mutual Funds

Objective

chip companies

TABLE 310

40

Type Open End

Bench Mark Sensex

HSBC Mutual Fund

Scheme Equity

Objective

TABLE 311

41

Type BSE 200

Bench Mark Sensex

TABLE 41

20718 1541613 16375 1713956 895026 1177707

NAV BSE 200

42

Where

43

FIGURE 41

investors

44

TABLE 42

(S amp P CNX Nifty)

17733 1755692 15470 1429215 1032597 950582

SampP CNX NIFTYNAV

45

FIGURE 42

(S amp P CNX Nifty)

index

46

TABLE 43

(S amp P CNX Nifty)

15651 1324553 15470 1429215 875932 950582

SampP CNX NIFTYNAV

47

FIGURE 43

(S amp P CNX Nifty)

benchmark index

48

46 HDFC EQUITY FUND

(S amp P CNX 500)

TABLE 44

19947 2043308 16166 1722767 1187992 1200118

SampP CNX 500NAV

49

FIGURE 44

50

Indicators (Sensex)

TABLE 45

13235 1341151 16199 1518380 962057 993575

SENSEXNAV

51

FIGURE 45

return

index

return

industry

52

TABLE 46

16788 1485760 15470 1429215 919928 950582

SampP CNX NIFTYNAV

53

FIGURE 46

benchmark index

54

TABLE 47

22102 2345791 16623 1669944 1212216 1117313

BSE 100NAV

55

FIGURE 47

index BSE 100

the benchmark index

56

TABLE 48

(BSE 200)

16246 1622637 16375 1713956 1109115 1177707

BSE 200NAV

57

FIGURE 48

(BSE 200)

58

TABLE 49

16937 1511646 16199 1518380 956013 993575

SENSEXNAV

59

FIGURE 49

the last 5 years

60

(Sensex)

TABLE 410

14324 1179413 16199 1518380 846744 993575

SENSEXNAV

61

FIGURE 410

62

OVERALL RANK

1

2

HSBC equity fund

3

HDFC Equity fund

4

HDFC Equity fund

63

51 FINDINGS

HSBC equity fund

fund

64

52 RECOMMENDATIONS

plan

65

53 CONCLUSION

needs

66

BIBLIOGRAPHY

BOOKS

JOURNALS

WEBSITES

wwwamfiindiacom

wwwbseindiacom

wwwnseindiacom

wwwindiainfolinecom

67

TABLE 32
- TABLE 43
- TABLE 48

Page 4: Comparative Performance Study of Mutual Funds in India

1) No Guarantees

losing money

3) Taxes

4) Management risk

4

By structure

Other schemes

5

By Structure

1) Open-end Funds

2) Closed-end Funds

investor

3) Interval Funds

prices

6

1) Growth Funds

2) Income Funds

regular income

3) Balanced Funds

and moderate growth

bank call money

7

Other schemes

2) Special Schemes

b) Index Schemes

c) Sectoral Schemes

8

Sponsor

Fund

Trust

9

Trustee

10

investment

11

period

12

Wealth tax benefits

will be issued

To the Fund

of the Act

13

22 NEED FOR STUDY

14

Benchmark indexes

= 100

NAV Opening Value

15

Entry Load

ExitLoad

NAV

Performance

the investment

STANDARD DEVIATION

16

Where

p Risk of the Fund

Where

m Risk of the Index

17

n Rp2 - ( Rp)2

n2

p =12

n Rm2 - ( Rm)2

n2m =

12

BETA

Beta of the Fund

Where

p Beta of the fund

18

p =

Rm ndash ARm2

Sp =ARp - r σp

Tp =ARp - r βp

19

25 METHODOLOGY

Beta of the fund

20

26 SAMPLE DESIGN

equity schemes

PRIMARY DATA

of the company

SECONDARY DATA

21

28 PLAN OF ANALYSIS

210 CHAPTER SCHEME

22

31 INDUSTRY PROFILE

Scheme 1964

23

24

32 COMPANY PROFILE

321 Introduction

Investment Bank

Support Staff

25

Corporate Finance

Project Finance

Road

Power

1 Equity IPOs

26

3 Mutual Funds

Equity Broking

3 DP Services

Objectives

Mission

Vision

Values

27

28

1048633 Stock Ideas

1048633 Wealth Park

bull Daily

bull Weekly

bull Monthly

bull Event based

29

Primary market

Retail

30

4 HDFC Equity fund

31

10 HSBC equity fund

Objective

TABLE 32

32

Minimum Balance --

Type Open End

Bench Mark BSE 200

Objective

TABLE 33

33

Type Open End

ICICI Mutual Fund

Objective

TABLE 34

34

Type Open End

HDFC Mutual Fund

Scheme Equity

Objective

TABLE 35

35

Type Open End

J M Mutual Fund

Objective

TABLE 36

36

Minimum Balance --

Type Open End

Bench Mark Sensex

Kotak Mutual Funds

Objective

also

TABLE 37

37

Type Open End

Objective

TABLE 38

38

Type Open End

Bench Mark BSE 100

Objective

ignored

TABLE 39

39

Type Open End

Bench Mark BSE 200

TATA Mutual Funds

Objective

chip companies

TABLE 310

40

Type Open End

Bench Mark Sensex

HSBC Mutual Fund

Scheme Equity

Objective

TABLE 311

41

Type BSE 200

Bench Mark Sensex

TABLE 41

20718 1541613 16375 1713956 895026 1177707

NAV BSE 200

42

Where

43

FIGURE 41

investors

44

TABLE 42

(S amp P CNX Nifty)

17733 1755692 15470 1429215 1032597 950582

SampP CNX NIFTYNAV

45

FIGURE 42

(S amp P CNX Nifty)

index

46

TABLE 43

(S amp P CNX Nifty)

15651 1324553 15470 1429215 875932 950582

SampP CNX NIFTYNAV

47

FIGURE 43

(S amp P CNX Nifty)

benchmark index

48

46 HDFC EQUITY FUND

(S amp P CNX 500)

TABLE 44

19947 2043308 16166 1722767 1187992 1200118

SampP CNX 500NAV

49

FIGURE 44

50

Indicators (Sensex)

TABLE 45

13235 1341151 16199 1518380 962057 993575

SENSEXNAV

51

FIGURE 45

return

index

return

industry

52

TABLE 46

16788 1485760 15470 1429215 919928 950582

SampP CNX NIFTYNAV

53

FIGURE 46

benchmark index

54

TABLE 47

22102 2345791 16623 1669944 1212216 1117313

BSE 100NAV

55

FIGURE 47

index BSE 100

the benchmark index

56

TABLE 48

(BSE 200)

16246 1622637 16375 1713956 1109115 1177707

BSE 200NAV

57

FIGURE 48

(BSE 200)

58

TABLE 49

16937 1511646 16199 1518380 956013 993575

SENSEXNAV

59

FIGURE 49

the last 5 years

60

(Sensex)

TABLE 410

14324 1179413 16199 1518380 846744 993575

SENSEXNAV

61

FIGURE 410

62

OVERALL RANK

1

2

HSBC equity fund

3

HDFC Equity fund

4

HDFC Equity fund

63

51 FINDINGS

HSBC equity fund

fund

64

52 RECOMMENDATIONS

plan

65

53 CONCLUSION

needs

66

BIBLIOGRAPHY

BOOKS

JOURNALS

WEBSITES

wwwamfiindiacom

wwwbseindiacom

wwwnseindiacom

wwwindiainfolinecom

67

TABLE 32
- TABLE 43
- TABLE 48

Page 5: Comparative Performance Study of Mutual Funds in India

By structure

Other schemes

5

By Structure

1) Open-end Funds

2) Closed-end Funds

investor

3) Interval Funds

prices

6

1) Growth Funds

2) Income Funds

regular income

3) Balanced Funds

and moderate growth

bank call money

7

Other schemes

2) Special Schemes

b) Index Schemes

c) Sectoral Schemes

8

Sponsor

Fund

Trust

9

Trustee

10

investment

11

period

12

Wealth tax benefits

will be issued

To the Fund

of the Act

13

22 NEED FOR STUDY

14

Benchmark indexes

= 100

NAV Opening Value

15

Entry Load

ExitLoad

NAV

Performance

the investment

STANDARD DEVIATION

16

Where

p Risk of the Fund

Where

m Risk of the Index

17

n Rp2 - ( Rp)2

n2

p =12

n Rm2 - ( Rm)2

n2m =

12

BETA

Beta of the Fund

Where

p Beta of the fund

18

p =

Rm ndash ARm2

Sp =ARp - r σp

Tp =ARp - r βp

19

25 METHODOLOGY

Beta of the fund

20

26 SAMPLE DESIGN

equity schemes

PRIMARY DATA

of the company

SECONDARY DATA

21

28 PLAN OF ANALYSIS

210 CHAPTER SCHEME

22

31 INDUSTRY PROFILE

Scheme 1964

23

24

32 COMPANY PROFILE

321 Introduction

Investment Bank

Support Staff

25

Corporate Finance

Project Finance

Road

Power

1 Equity IPOs

26

3 Mutual Funds

Equity Broking

3 DP Services

Objectives

Mission

Vision

Values

27

28

1048633 Stock Ideas

1048633 Wealth Park

bull Daily

bull Weekly

bull Monthly

bull Event based

29

Primary market

Retail

30

4 HDFC Equity fund

31

10 HSBC equity fund

Objective

TABLE 32

32

Minimum Balance --

Type Open End

Bench Mark BSE 200

Objective

TABLE 33

33

Type Open End

ICICI Mutual Fund

Objective

TABLE 34

34

Type Open End

HDFC Mutual Fund

Scheme Equity

Objective

TABLE 35

35

Type Open End

J M Mutual Fund

Objective

TABLE 36

36

Minimum Balance --

Type Open End

Bench Mark Sensex

Kotak Mutual Funds

Objective

also

TABLE 37

37

Type Open End

Objective

TABLE 38

38

Type Open End

Bench Mark BSE 100

Objective

ignored

TABLE 39

39

Type Open End

Bench Mark BSE 200

TATA Mutual Funds

Objective

chip companies

TABLE 310

40

Type Open End

Bench Mark Sensex

HSBC Mutual Fund

Scheme Equity

Objective

TABLE 311

41

Type BSE 200

Bench Mark Sensex

TABLE 41

20718 1541613 16375 1713956 895026 1177707

NAV BSE 200

42

Where

43

FIGURE 41

investors

44

TABLE 42

(S amp P CNX Nifty)

17733 1755692 15470 1429215 1032597 950582

SampP CNX NIFTYNAV

45

FIGURE 42

(S amp P CNX Nifty)

index

46

TABLE 43

(S amp P CNX Nifty)

15651 1324553 15470 1429215 875932 950582

SampP CNX NIFTYNAV

47

FIGURE 43

(S amp P CNX Nifty)

benchmark index

48

46 HDFC EQUITY FUND

(S amp P CNX 500)

TABLE 44

19947 2043308 16166 1722767 1187992 1200118

SampP CNX 500NAV

49

FIGURE 44

50

Indicators (Sensex)

TABLE 45

13235 1341151 16199 1518380 962057 993575

SENSEXNAV

51

FIGURE 45

return

index

return

industry

52

TABLE 46

16788 1485760 15470 1429215 919928 950582

SampP CNX NIFTYNAV

53

FIGURE 46

benchmark index

54

TABLE 47

22102 2345791 16623 1669944 1212216 1117313

BSE 100NAV

55

FIGURE 47

index BSE 100

the benchmark index

56

TABLE 48

(BSE 200)

16246 1622637 16375 1713956 1109115 1177707

BSE 200NAV

57

FIGURE 48

(BSE 200)

58

TABLE 49

16937 1511646 16199 1518380 956013 993575

SENSEXNAV

59

FIGURE 49

the last 5 years

60

(Sensex)

TABLE 410

14324 1179413 16199 1518380 846744 993575

SENSEXNAV

61

FIGURE 410

62

OVERALL RANK

1

2

HSBC equity fund

3

HDFC Equity fund

4

HDFC Equity fund

63

51 FINDINGS

HSBC equity fund

fund

64

52 RECOMMENDATIONS

plan

65

53 CONCLUSION

needs

66

BIBLIOGRAPHY

BOOKS

JOURNALS

WEBSITES

wwwamfiindiacom

wwwbseindiacom

wwwnseindiacom

wwwindiainfolinecom

67

TABLE 32
- TABLE 43
- TABLE 48

Page 6: Comparative Performance Study of Mutual Funds in India

By Structure

1) Open-end Funds

2) Closed-end Funds

investor

3) Interval Funds

prices

6

1) Growth Funds

2) Income Funds

regular income

3) Balanced Funds

and moderate growth

bank call money

7

Other schemes

2) Special Schemes

b) Index Schemes

c) Sectoral Schemes

8

Sponsor

Fund

Trust

9

Trustee

10

investment

11

period

12

Wealth tax benefits

will be issued

To the Fund

of the Act

13

22 NEED FOR STUDY

14

Benchmark indexes

= 100

NAV Opening Value

15

Entry Load

ExitLoad

NAV

Performance

the investment

STANDARD DEVIATION

16

Where

p Risk of the Fund

Where

m Risk of the Index

17

n Rp2 - ( Rp)2

n2

p =12

n Rm2 - ( Rm)2

n2m =

12

BETA

Beta of the Fund

Where

p Beta of the fund

18

p =

Rm ndash ARm2

Sp =ARp - r σp

Tp =ARp - r βp

19

25 METHODOLOGY

Beta of the fund

20

26 SAMPLE DESIGN

equity schemes

PRIMARY DATA

of the company

SECONDARY DATA

21

28 PLAN OF ANALYSIS

210 CHAPTER SCHEME

22

31 INDUSTRY PROFILE

Scheme 1964

23

24

32 COMPANY PROFILE

321 Introduction

Investment Bank

Support Staff

25

Corporate Finance

Project Finance

Road

Power

1 Equity IPOs

26

3 Mutual Funds

Equity Broking

3 DP Services

Objectives

Mission

Vision

Values

27

28

1048633 Stock Ideas

1048633 Wealth Park

bull Daily

bull Weekly

bull Monthly

bull Event based

29

Primary market

Retail

30

4 HDFC Equity fund

31

10 HSBC equity fund

Objective

TABLE 32

32

Minimum Balance --

Type Open End

Bench Mark BSE 200

Objective

TABLE 33

33

Type Open End

ICICI Mutual Fund

Objective

TABLE 34

34

Type Open End

HDFC Mutual Fund

Scheme Equity

Objective

TABLE 35

35

Type Open End

J M Mutual Fund

Objective

TABLE 36

36

Minimum Balance --

Type Open End

Bench Mark Sensex

Kotak Mutual Funds

Objective

also

TABLE 37

37

Type Open End

Objective

TABLE 38

38

Type Open End

Bench Mark BSE 100

Objective

ignored

TABLE 39

39

Type Open End

Bench Mark BSE 200

TATA Mutual Funds

Objective

chip companies

TABLE 310

40

Type Open End

Bench Mark Sensex

HSBC Mutual Fund

Scheme Equity

Objective

TABLE 311

41

Type BSE 200

Bench Mark Sensex

TABLE 41

20718 1541613 16375 1713956 895026 1177707

NAV BSE 200

42

Where

43

FIGURE 41

investors

44

TABLE 42

(S amp P CNX Nifty)

17733 1755692 15470 1429215 1032597 950582

SampP CNX NIFTYNAV

45

FIGURE 42

(S amp P CNX Nifty)

index

46

TABLE 43

(S amp P CNX Nifty)

15651 1324553 15470 1429215 875932 950582

SampP CNX NIFTYNAV

47

FIGURE 43

(S amp P CNX Nifty)

benchmark index

48

46 HDFC EQUITY FUND

(S amp P CNX 500)

TABLE 44

19947 2043308 16166 1722767 1187992 1200118

SampP CNX 500NAV

49

FIGURE 44

50

Indicators (Sensex)

TABLE 45

13235 1341151 16199 1518380 962057 993575

SENSEXNAV

51

FIGURE 45

return

index

return

industry

52

TABLE 46

16788 1485760 15470 1429215 919928 950582

SampP CNX NIFTYNAV

53

FIGURE 46

benchmark index

54

TABLE 47

22102 2345791 16623 1669944 1212216 1117313

BSE 100NAV

55

FIGURE 47

index BSE 100

the benchmark index

56

TABLE 48

(BSE 200)

16246 1622637 16375 1713956 1109115 1177707

BSE 200NAV

57

FIGURE 48

(BSE 200)

58

TABLE 49

16937 1511646 16199 1518380 956013 993575

SENSEXNAV

59

FIGURE 49

the last 5 years

60

(Sensex)

TABLE 410

14324 1179413 16199 1518380 846744 993575

SENSEXNAV

61

FIGURE 410

62

OVERALL RANK

1

2

HSBC equity fund

3

HDFC Equity fund

4

HDFC Equity fund

63

51 FINDINGS

HSBC equity fund

fund

64

52 RECOMMENDATIONS

plan

65

53 CONCLUSION

needs

66

BIBLIOGRAPHY

BOOKS

JOURNALS

WEBSITES

wwwamfiindiacom

wwwbseindiacom

wwwnseindiacom

wwwindiainfolinecom

67

TABLE 32
- TABLE 43
- TABLE 48

Page 7: Comparative Performance Study of Mutual Funds in India

1) Growth Funds

2) Income Funds

regular income

3) Balanced Funds

and moderate growth

bank call money

7

Other schemes

2) Special Schemes

b) Index Schemes

c) Sectoral Schemes

8

Sponsor

Fund

Trust

9

Trustee

10

investment

11

period

12

Wealth tax benefits

will be issued

To the Fund

of the Act

13

22 NEED FOR STUDY

14

Benchmark indexes

= 100

NAV Opening Value

15

Entry Load

ExitLoad

NAV

Performance

the investment

STANDARD DEVIATION

16

Where

p Risk of the Fund

Where

m Risk of the Index

17

n Rp2 - ( Rp)2

n2

p =12

n Rm2 - ( Rm)2

n2m =

12

BETA

Beta of the Fund

Where

p Beta of the fund

18

p =

Rm ndash ARm2

Sp =ARp - r σp

Tp =ARp - r βp

19

25 METHODOLOGY

Beta of the fund

20

26 SAMPLE DESIGN

equity schemes

PRIMARY DATA

of the company

SECONDARY DATA

21

28 PLAN OF ANALYSIS

210 CHAPTER SCHEME

22

31 INDUSTRY PROFILE

Scheme 1964

23

24

32 COMPANY PROFILE

321 Introduction

Investment Bank

Support Staff

25

Corporate Finance

Project Finance

Road

Power

1 Equity IPOs

26

3 Mutual Funds

Equity Broking

3 DP Services

Objectives

Mission

Vision

Values

27

28

1048633 Stock Ideas

1048633 Wealth Park

bull Daily

bull Weekly

bull Monthly

bull Event based

29

Primary market

Retail

30

4 HDFC Equity fund

31

10 HSBC equity fund

Objective

TABLE 32

32

Minimum Balance --

Type Open End

Bench Mark BSE 200

Objective

TABLE 33

33

Type Open End

ICICI Mutual Fund

Objective

TABLE 34

34

Type Open End

HDFC Mutual Fund

Scheme Equity

Objective

TABLE 35

35

Type Open End

J M Mutual Fund

Objective

TABLE 36

36

Minimum Balance --

Type Open End

Bench Mark Sensex

Kotak Mutual Funds

Objective

also

TABLE 37

37

Type Open End

Objective

TABLE 38

38

Type Open End

Bench Mark BSE 100

Objective

ignored

TABLE 39

39

Type Open End

Bench Mark BSE 200

TATA Mutual Funds

Objective

chip companies

TABLE 310

40

Type Open End

Bench Mark Sensex

HSBC Mutual Fund

Scheme Equity

Objective

TABLE 311

41

Type BSE 200

Bench Mark Sensex

TABLE 41

20718 1541613 16375 1713956 895026 1177707

NAV BSE 200

42

Where

43

FIGURE 41

investors

44

TABLE 42

(S amp P CNX Nifty)

17733 1755692 15470 1429215 1032597 950582

SampP CNX NIFTYNAV

45

FIGURE 42

(S amp P CNX Nifty)

index

46

TABLE 43

(S amp P CNX Nifty)

15651 1324553 15470 1429215 875932 950582

SampP CNX NIFTYNAV

47

FIGURE 43

(S amp P CNX Nifty)

benchmark index

48

46 HDFC EQUITY FUND

(S amp P CNX 500)

TABLE 44

19947 2043308 16166 1722767 1187992 1200118

SampP CNX 500NAV

49

FIGURE 44

50

Indicators (Sensex)

TABLE 45

13235 1341151 16199 1518380 962057 993575

SENSEXNAV

51

FIGURE 45

return

index

return

industry

52

TABLE 46

16788 1485760 15470 1429215 919928 950582

SampP CNX NIFTYNAV

53

FIGURE 46

benchmark index

54

TABLE 47

22102 2345791 16623 1669944 1212216 1117313

BSE 100NAV

55

FIGURE 47

index BSE 100

the benchmark index

56

TABLE 48

(BSE 200)

16246 1622637 16375 1713956 1109115 1177707

BSE 200NAV

57

FIGURE 48

(BSE 200)

58

TABLE 49

16937 1511646 16199 1518380 956013 993575

SENSEXNAV

59

FIGURE 49

the last 5 years

60

(Sensex)

TABLE 410

14324 1179413 16199 1518380 846744 993575

SENSEXNAV

61

FIGURE 410

62

OVERALL RANK

1

2

HSBC equity fund

3

HDFC Equity fund

4

HDFC Equity fund

63

51 FINDINGS

HSBC equity fund

fund

64

52 RECOMMENDATIONS

plan

65

53 CONCLUSION

needs

66

BIBLIOGRAPHY

BOOKS

JOURNALS

WEBSITES

wwwamfiindiacom

wwwbseindiacom

wwwnseindiacom

wwwindiainfolinecom

67

TABLE 32
- TABLE 43
- TABLE 48

Page 8: Comparative Performance Study of Mutual Funds in India

Other schemes

2) Special Schemes

b) Index Schemes

c) Sectoral Schemes

8

Sponsor

Fund

Trust

9

Trustee

10

investment

11

period

12

Wealth tax benefits

will be issued

To the Fund

of the Act

13

22 NEED FOR STUDY

14

Benchmark indexes

= 100

NAV Opening Value

15

Entry Load

ExitLoad

NAV

Performance

the investment

STANDARD DEVIATION

16

Where

p Risk of the Fund

Where

m Risk of the Index

17

n Rp2 - ( Rp)2

n2

p =12

n Rm2 - ( Rm)2

n2m =

12

BETA

Beta of the Fund

Where

p Beta of the fund

18

p =

Rm ndash ARm2

Sp =ARp - r σp

Tp =ARp - r βp

19

25 METHODOLOGY

Beta of the fund

20

26 SAMPLE DESIGN

equity schemes

PRIMARY DATA

of the company

SECONDARY DATA

21

28 PLAN OF ANALYSIS

210 CHAPTER SCHEME

22

31 INDUSTRY PROFILE

Scheme 1964

23

24

32 COMPANY PROFILE

321 Introduction

Investment Bank

Support Staff

25

Corporate Finance

Project Finance

Road

Power

1 Equity IPOs

26

3 Mutual Funds

Equity Broking

3 DP Services

Objectives

Mission

Vision

Values

27

28

1048633 Stock Ideas

1048633 Wealth Park

bull Daily

bull Weekly

bull Monthly

bull Event based

29

Primary market

Retail

30

4 HDFC Equity fund

31

10 HSBC equity fund

Objective

TABLE 32

32

Minimum Balance --

Type Open End

Bench Mark BSE 200

Objective

TABLE 33

33

Type Open End

ICICI Mutual Fund

Objective

TABLE 34

34

Type Open End

HDFC Mutual Fund

Scheme Equity

Objective

TABLE 35

35

Type Open End

J M Mutual Fund

Objective

TABLE 36

36

Minimum Balance --

Type Open End

Bench Mark Sensex

Kotak Mutual Funds

Objective

also

TABLE 37

37

Type Open End

Objective

TABLE 38

38

Type Open End

Bench Mark BSE 100

Objective

ignored

TABLE 39

39

Type Open End

Bench Mark BSE 200

TATA Mutual Funds

Objective

chip companies

TABLE 310

40

Type Open End

Bench Mark Sensex

HSBC Mutual Fund

Scheme Equity

Objective

TABLE 311

41

Type BSE 200

Bench Mark Sensex

TABLE 41

20718 1541613 16375 1713956 895026 1177707

NAV BSE 200

42

Where

43

FIGURE 41

investors

44

TABLE 42

(S amp P CNX Nifty)

17733 1755692 15470 1429215 1032597 950582

SampP CNX NIFTYNAV

45

FIGURE 42

(S amp P CNX Nifty)

index

46

TABLE 43

(S amp P CNX Nifty)

15651 1324553 15470 1429215 875932 950582

SampP CNX NIFTYNAV

47

FIGURE 43

(S amp P CNX Nifty)

benchmark index

48

46 HDFC EQUITY FUND

(S amp P CNX 500)

TABLE 44

19947 2043308 16166 1722767 1187992 1200118

SampP CNX 500NAV

49

FIGURE 44

50

Indicators (Sensex)

TABLE 45

13235 1341151 16199 1518380 962057 993575

SENSEXNAV

51

FIGURE 45

return

index

return

industry

52

TABLE 46

16788 1485760 15470 1429215 919928 950582

SampP CNX NIFTYNAV

53

FIGURE 46

benchmark index

54

TABLE 47

22102 2345791 16623 1669944 1212216 1117313

BSE 100NAV

55

FIGURE 47

index BSE 100

the benchmark index

56

TABLE 48

(BSE 200)

16246 1622637 16375 1713956 1109115 1177707

BSE 200NAV

57

FIGURE 48

(BSE 200)

58

TABLE 49

16937 1511646 16199 1518380 956013 993575

SENSEXNAV

59

FIGURE 49

the last 5 years

60

(Sensex)

TABLE 410

14324 1179413 16199 1518380 846744 993575

SENSEXNAV

61

FIGURE 410

62

OVERALL RANK

1

2

HSBC equity fund

3

HDFC Equity fund

4

HDFC Equity fund

63

51 FINDINGS

HSBC equity fund

fund

64

52 RECOMMENDATIONS

plan

65

53 CONCLUSION

needs

66

BIBLIOGRAPHY

BOOKS

JOURNALS

WEBSITES

wwwamfiindiacom

wwwbseindiacom

wwwnseindiacom

wwwindiainfolinecom

67

TABLE 32
- TABLE 43
- TABLE 48

Sponsor

Fund

Trust

9

Trustee

10

investment

11

period

12

Wealth tax benefits

will be issued

To the Fund

of the Act

13

22 NEED FOR STUDY

14

Benchmark indexes

= 100

NAV Opening Value

15

Entry Load

ExitLoad

NAV

Performance

the investment

STANDARD DEVIATION

16

Where

p Risk of the Fund

Where

m Risk of the Index

17

n Rp2 - ( Rp)2

n2

p =12

n Rm2 - ( Rm)2

n2m =

12

BETA

Beta of the Fund

Where

p Beta of the fund

18

p =

Rm ndash ARm2

Sp =ARp - r σp

Tp =ARp - r βp

19

25 METHODOLOGY

Beta of the fund

20

26 SAMPLE DESIGN

equity schemes

PRIMARY DATA

of the company

SECONDARY DATA

21

28 PLAN OF ANALYSIS

210 CHAPTER SCHEME

22

31 INDUSTRY PROFILE

Scheme 1964

23

24

32 COMPANY PROFILE

321 Introduction

Investment Bank

Support Staff

25

Corporate Finance

Project Finance

Road

Power

1 Equity IPOs

26

3 Mutual Funds

Equity Broking

3 DP Services

Objectives

Mission

Vision

Values

27

28

1048633 Stock Ideas

1048633 Wealth Park

bull Daily

bull Weekly

bull Monthly

bull Event based

29

Primary market

Retail

30

4 HDFC Equity fund

31

10 HSBC equity fund

Objective

TABLE 32

32

Minimum Balance --

Type Open End

Bench Mark BSE 200

Objective

TABLE 33

33

Type Open End

ICICI Mutual Fund

Objective

TABLE 34

34

Type Open End

HDFC Mutual Fund

Scheme Equity

Objective

TABLE 35

35

Type Open End

J M Mutual Fund

Objective

TABLE 36

36

Minimum Balance --

Type Open End

Bench Mark Sensex

Kotak Mutual Funds

Objective

also

TABLE 37

37

Type Open End

Objective

TABLE 38

38

Type Open End

Bench Mark BSE 100

Objective

ignored

TABLE 39

39

Type Open End

Bench Mark BSE 200

TATA Mutual Funds

Objective

chip companies

TABLE 310

40

Type Open End

Bench Mark Sensex

HSBC Mutual Fund

Scheme Equity

Objective

TABLE 311

41

Type BSE 200

Bench Mark Sensex

TABLE 41

20718 1541613 16375 1713956 895026 1177707

NAV BSE 200

42

Where

43

FIGURE 41

investors

44

TABLE 42

(S amp P CNX Nifty)

17733 1755692 15470 1429215 1032597 950582

SampP CNX NIFTYNAV

45

FIGURE 42

(S amp P CNX Nifty)

index

46

TABLE 43

(S amp P CNX Nifty)

15651 1324553 15470 1429215 875932 950582

SampP CNX NIFTYNAV

47

FIGURE 43

(S amp P CNX Nifty)

benchmark index

48

46 HDFC EQUITY FUND

(S amp P CNX 500)

TABLE 44

19947 2043308 16166 1722767 1187992 1200118

SampP CNX 500NAV

49

FIGURE 44

50

Indicators (Sensex)

TABLE 45

13235 1341151 16199 1518380 962057 993575

SENSEXNAV

51

FIGURE 45

return

index

return

industry

52

TABLE 46

16788 1485760 15470 1429215 919928 950582

SampP CNX NIFTYNAV

53

FIGURE 46

benchmark index

54

TABLE 47

22102 2345791 16623 1669944 1212216 1117313

BSE 100NAV

55

FIGURE 47

index BSE 100

the benchmark index

56

TABLE 48

(BSE 200)

16246 1622637 16375 1713956 1109115 1177707

BSE 200NAV

57

FIGURE 48

(BSE 200)

58

TABLE 49

16937 1511646 16199 1518380 956013 993575

SENSEXNAV

59

FIGURE 49

the last 5 years

60

(Sensex)

TABLE 410

14324 1179413 16199 1518380 846744 993575

SENSEXNAV

61

FIGURE 410

62

OVERALL RANK

1

2

HSBC equity fund

3

HDFC Equity fund

4

HDFC Equity fund

63

51 FINDINGS

HSBC equity fund

fund

64

52 RECOMMENDATIONS

plan

65

53 CONCLUSION

needs

66

BIBLIOGRAPHY

BOOKS

JOURNALS

WEBSITES

wwwamfiindiacom

wwwbseindiacom

wwwnseindiacom

wwwindiainfolinecom

67

TABLE 32
- TABLE 43
- TABLE 48

Page 10: Comparative Performance Study of Mutual Funds in India

Trustee

10

investment

11

period

12

Wealth tax benefits

will be issued

To the Fund

of the Act

13

22 NEED FOR STUDY

14

Benchmark indexes

= 100

NAV Opening Value

15

Entry Load

ExitLoad

NAV

Performance

the investment

STANDARD DEVIATION

16

Where

p Risk of the Fund

Where

m Risk of the Index

17

n Rp2 - ( Rp)2

n2

p =12

n Rm2 - ( Rm)2

n2m =

12

BETA

Beta of the Fund

Where

p Beta of the fund

18

p =

Rm ndash ARm2

Sp =ARp - r σp

Tp =ARp - r βp

19

25 METHODOLOGY

Beta of the fund

20

26 SAMPLE DESIGN

equity schemes

PRIMARY DATA

of the company

SECONDARY DATA

21

28 PLAN OF ANALYSIS

210 CHAPTER SCHEME

22

31 INDUSTRY PROFILE

Scheme 1964

23

24

32 COMPANY PROFILE

321 Introduction

Investment Bank

Support Staff

25

Corporate Finance

Project Finance

Road

Power

1 Equity IPOs

26

3 Mutual Funds

Equity Broking

3 DP Services

Objectives

Mission

Vision

Values

27

28

1048633 Stock Ideas

1048633 Wealth Park

bull Daily

bull Weekly

bull Monthly

bull Event based

29

Primary market

Retail

30

4 HDFC Equity fund

31

10 HSBC equity fund

Objective

TABLE 32

32

Minimum Balance --

Type Open End

Bench Mark BSE 200

Objective

TABLE 33

33

Type Open End

ICICI Mutual Fund

Objective

TABLE 34

34

Type Open End

HDFC Mutual Fund

Scheme Equity

Objective

TABLE 35

35

Type Open End

J M Mutual Fund

Objective

TABLE 36

36

Minimum Balance --

Type Open End

Bench Mark Sensex

Kotak Mutual Funds

Objective

also

TABLE 37

37

Type Open End

Objective

TABLE 38

38

Type Open End

Bench Mark BSE 100

Objective

ignored

TABLE 39

39

Type Open End

Bench Mark BSE 200

TATA Mutual Funds

Objective

chip companies

TABLE 310

40

Type Open End

Bench Mark Sensex

HSBC Mutual Fund

Scheme Equity

Objective

TABLE 311

41

Type BSE 200

Bench Mark Sensex

TABLE 41

20718 1541613 16375 1713956 895026 1177707

NAV BSE 200

42

Where

43

FIGURE 41

investors

44

TABLE 42

(S amp P CNX Nifty)

17733 1755692 15470 1429215 1032597 950582

SampP CNX NIFTYNAV

45

FIGURE 42

(S amp P CNX Nifty)

index

46

TABLE 43

(S amp P CNX Nifty)

15651 1324553 15470 1429215 875932 950582

SampP CNX NIFTYNAV

47

FIGURE 43

(S amp P CNX Nifty)

benchmark index

48

46 HDFC EQUITY FUND

(S amp P CNX 500)

TABLE 44

19947 2043308 16166 1722767 1187992 1200118

SampP CNX 500NAV

49

FIGURE 44

50

Indicators (Sensex)

TABLE 45

13235 1341151 16199 1518380 962057 993575

SENSEXNAV

51

FIGURE 45

return

index

return

industry

52

TABLE 46

16788 1485760 15470 1429215 919928 950582

SampP CNX NIFTYNAV

53

FIGURE 46

benchmark index

54

TABLE 47

22102 2345791 16623 1669944 1212216 1117313

BSE 100NAV

55

FIGURE 47

index BSE 100

the benchmark index

56

TABLE 48

(BSE 200)

16246 1622637 16375 1713956 1109115 1177707

BSE 200NAV

57

FIGURE 48

(BSE 200)

58

TABLE 49

16937 1511646 16199 1518380 956013 993575

SENSEXNAV

59

FIGURE 49

the last 5 years

60

(Sensex)

TABLE 410

14324 1179413 16199 1518380 846744 993575

SENSEXNAV

61

FIGURE 410

62

OVERALL RANK

1

2

HSBC equity fund

3

HDFC Equity fund

4

HDFC Equity fund

63

51 FINDINGS

HSBC equity fund

fund

64

52 RECOMMENDATIONS

plan

65

53 CONCLUSION

needs

66

BIBLIOGRAPHY

BOOKS

JOURNALS

WEBSITES

wwwamfiindiacom

wwwbseindiacom

wwwnseindiacom

wwwindiainfolinecom

67

TABLE 32
- TABLE 43
- TABLE 48

Page 11: Comparative Performance Study of Mutual Funds in India

investment

11

period

12

Wealth tax benefits

will be issued

To the Fund

of the Act

13

22 NEED FOR STUDY

14

Benchmark indexes

= 100

NAV Opening Value

15

Entry Load

ExitLoad

NAV

Performance

the investment

STANDARD DEVIATION

16

Where

p Risk of the Fund

Where

m Risk of the Index

17

n Rp2 - ( Rp)2

n2

p =12

n Rm2 - ( Rm)2

n2m =

12

BETA

Beta of the Fund

Where

p Beta of the fund

18

p =

Rm ndash ARm2

Sp =ARp - r σp

Tp =ARp - r βp

19

25 METHODOLOGY

Beta of the fund

20

26 SAMPLE DESIGN

equity schemes

PRIMARY DATA

of the company

SECONDARY DATA

21

28 PLAN OF ANALYSIS

210 CHAPTER SCHEME

22

31 INDUSTRY PROFILE

Scheme 1964

23

24

32 COMPANY PROFILE

321 Introduction

Investment Bank

Support Staff

25

Corporate Finance

Project Finance

Road

Power

1 Equity IPOs

26

3 Mutual Funds

Equity Broking

3 DP Services

Objectives

Mission

Vision

Values

27

28

1048633 Stock Ideas

1048633 Wealth Park

bull Daily

bull Weekly

bull Monthly

bull Event based

29

Primary market

Retail

30

4 HDFC Equity fund

31

10 HSBC equity fund

Objective

TABLE 32

32

Minimum Balance --

Type Open End

Bench Mark BSE 200

Objective

TABLE 33

33

Type Open End

ICICI Mutual Fund

Objective

TABLE 34

34

Type Open End

HDFC Mutual Fund

Scheme Equity

Objective

TABLE 35

35

Type Open End

J M Mutual Fund

Objective

TABLE 36

36

Minimum Balance --

Type Open End

Bench Mark Sensex

Kotak Mutual Funds

Objective

also

TABLE 37

37

Type Open End

Objective

TABLE 38

38

Type Open End

Bench Mark BSE 100

Objective

ignored

TABLE 39

39

Type Open End

Bench Mark BSE 200

TATA Mutual Funds

Objective

chip companies

TABLE 310

40

Type Open End

Bench Mark Sensex

HSBC Mutual Fund

Scheme Equity

Objective

TABLE 311

41

Type BSE 200

Bench Mark Sensex

TABLE 41

20718 1541613 16375 1713956 895026 1177707

NAV BSE 200

42

Where

43

FIGURE 41

investors

44

TABLE 42

(S amp P CNX Nifty)

17733 1755692 15470 1429215 1032597 950582

SampP CNX NIFTYNAV

45

FIGURE 42

(S amp P CNX Nifty)

index

46

TABLE 43

(S amp P CNX Nifty)

15651 1324553 15470 1429215 875932 950582

SampP CNX NIFTYNAV

47

FIGURE 43

(S amp P CNX Nifty)

benchmark index

48

46 HDFC EQUITY FUND

(S amp P CNX 500)

TABLE 44

19947 2043308 16166 1722767 1187992 1200118

SampP CNX 500NAV

49

FIGURE 44

50

Indicators (Sensex)

TABLE 45

13235 1341151 16199 1518380 962057 993575

SENSEXNAV

51

FIGURE 45

return

index

return

industry

52

TABLE 46

16788 1485760 15470 1429215 919928 950582

SampP CNX NIFTYNAV

53

FIGURE 46

benchmark index

54

TABLE 47

22102 2345791 16623 1669944 1212216 1117313

BSE 100NAV

55

FIGURE 47

index BSE 100

the benchmark index

56

TABLE 48

(BSE 200)

16246 1622637 16375 1713956 1109115 1177707

BSE 200NAV

57

FIGURE 48

(BSE 200)

58

TABLE 49

16937 1511646 16199 1518380 956013 993575

SENSEXNAV

59

FIGURE 49

the last 5 years

60

(Sensex)

TABLE 410

14324 1179413 16199 1518380 846744 993575

SENSEXNAV

61

FIGURE 410

62

OVERALL RANK

1

2

HSBC equity fund

3

HDFC Equity fund

4

HDFC Equity fund

63

51 FINDINGS

HSBC equity fund

fund

64

52 RECOMMENDATIONS

plan

65

53 CONCLUSION

needs

66

BIBLIOGRAPHY

BOOKS

JOURNALS

WEBSITES

wwwamfiindiacom

wwwbseindiacom

wwwnseindiacom

wwwindiainfolinecom

67

TABLE 32
- TABLE 43
- TABLE 48

Page 12: Comparative Performance Study of Mutual Funds in India

period

12

Wealth tax benefits

will be issued

To the Fund

of the Act

13

22 NEED FOR STUDY

14

Benchmark indexes

= 100

NAV Opening Value

15

Entry Load

ExitLoad

NAV

Performance

the investment

STANDARD DEVIATION

16

Where

p Risk of the Fund

Where

m Risk of the Index

17

n Rp2 - ( Rp)2

n2

p =12

n Rm2 - ( Rm)2

n2m =

12

BETA

Beta of the Fund

Where

p Beta of the fund

18

p =

Rm ndash ARm2

Sp =ARp - r σp

Tp =ARp - r βp

19

25 METHODOLOGY

Beta of the fund

20

26 SAMPLE DESIGN

equity schemes

PRIMARY DATA

of the company

SECONDARY DATA

21

28 PLAN OF ANALYSIS

210 CHAPTER SCHEME

22

31 INDUSTRY PROFILE

Scheme 1964

23

24

32 COMPANY PROFILE

321 Introduction

Investment Bank

Support Staff

25

Corporate Finance

Project Finance

Road

Power

1 Equity IPOs

26

3 Mutual Funds

Equity Broking

3 DP Services

Objectives

Mission

Vision

Values

27

28

1048633 Stock Ideas

1048633 Wealth Park

bull Daily

bull Weekly

bull Monthly

bull Event based

29

Primary market

Retail

30

4 HDFC Equity fund

31

10 HSBC equity fund

Objective

TABLE 32

32

Minimum Balance --

Type Open End

Bench Mark BSE 200

Objective

TABLE 33

33

Type Open End

ICICI Mutual Fund

Objective

TABLE 34

34

Type Open End

HDFC Mutual Fund

Scheme Equity

Objective

TABLE 35

35

Type Open End

J M Mutual Fund

Objective

TABLE 36

36

Minimum Balance --

Type Open End

Bench Mark Sensex

Kotak Mutual Funds

Objective

also

TABLE 37

37

Type Open End

Objective

TABLE 38

38

Type Open End

Bench Mark BSE 100

Objective

ignored

TABLE 39

39

Type Open End

Bench Mark BSE 200

TATA Mutual Funds

Objective

chip companies

TABLE 310

40

Type Open End

Bench Mark Sensex

HSBC Mutual Fund

Scheme Equity

Objective

TABLE 311

41

Type BSE 200

Bench Mark Sensex

TABLE 41

20718 1541613 16375 1713956 895026 1177707

NAV BSE 200

42

Where

43

FIGURE 41

investors

44

TABLE 42

(S amp P CNX Nifty)

17733 1755692 15470 1429215 1032597 950582

SampP CNX NIFTYNAV

45

FIGURE 42

(S amp P CNX Nifty)

index

46

TABLE 43

(S amp P CNX Nifty)

15651 1324553 15470 1429215 875932 950582

SampP CNX NIFTYNAV

47

FIGURE 43

(S amp P CNX Nifty)

benchmark index

48

46 HDFC EQUITY FUND

(S amp P CNX 500)

TABLE 44

19947 2043308 16166 1722767 1187992 1200118

SampP CNX 500NAV

49

FIGURE 44

50

Indicators (Sensex)

TABLE 45

13235 1341151 16199 1518380 962057 993575

SENSEXNAV

51

FIGURE 45

return

index

return

industry

52

TABLE 46

16788 1485760 15470 1429215 919928 950582

SampP CNX NIFTYNAV

53

FIGURE 46

benchmark index

54

TABLE 47

22102 2345791 16623 1669944 1212216 1117313

BSE 100NAV

55

FIGURE 47

index BSE 100

the benchmark index

56

TABLE 48

(BSE 200)

16246 1622637 16375 1713956 1109115 1177707

BSE 200NAV

57

FIGURE 48

(BSE 200)

58

TABLE 49

16937 1511646 16199 1518380 956013 993575

SENSEXNAV

59

FIGURE 49

the last 5 years

60

(Sensex)

TABLE 410

14324 1179413 16199 1518380 846744 993575

SENSEXNAV

61

FIGURE 410

62

OVERALL RANK

1

2

HSBC equity fund

3

HDFC Equity fund

4

HDFC Equity fund

63

51 FINDINGS

HSBC equity fund

fund

64

52 RECOMMENDATIONS

plan

65

53 CONCLUSION

needs

66

BIBLIOGRAPHY

BOOKS

JOURNALS

WEBSITES

wwwamfiindiacom

wwwbseindiacom

wwwnseindiacom

wwwindiainfolinecom

67

TABLE 32
- TABLE 43
- TABLE 48

Page 13: Comparative Performance Study of Mutual Funds in India

Wealth tax benefits

will be issued

To the Fund

of the Act

13

22 NEED FOR STUDY

14

Benchmark indexes

= 100

NAV Opening Value

15

Entry Load

ExitLoad

NAV

Performance

the investment

STANDARD DEVIATION

16

Where

p Risk of the Fund

Where

m Risk of the Index

17

n Rp2 - ( Rp)2

n2

p =12

n Rm2 - ( Rm)2

n2m =

12

BETA

Beta of the Fund

Where

p Beta of the fund

18

p =

Rm ndash ARm2

Sp =ARp - r σp

Tp =ARp - r βp

19

25 METHODOLOGY

Beta of the fund

20

26 SAMPLE DESIGN

equity schemes

PRIMARY DATA

of the company

SECONDARY DATA

21

28 PLAN OF ANALYSIS

210 CHAPTER SCHEME

22

31 INDUSTRY PROFILE

Scheme 1964

23

24

32 COMPANY PROFILE

321 Introduction

Investment Bank

Support Staff

25

Corporate Finance

Project Finance

Road

Power

1 Equity IPOs

26

3 Mutual Funds

Equity Broking

3 DP Services

Objectives

Mission

Vision

Values

27

28

1048633 Stock Ideas

1048633 Wealth Park

bull Daily

bull Weekly

bull Monthly

bull Event based

29

Primary market

Retail

30

4 HDFC Equity fund

31

10 HSBC equity fund

Objective

TABLE 32

32

Minimum Balance --

Type Open End

Bench Mark BSE 200

Objective

TABLE 33

33

Type Open End

ICICI Mutual Fund

Objective

TABLE 34

34

Type Open End

HDFC Mutual Fund

Scheme Equity

Objective

TABLE 35

35

Type Open End

J M Mutual Fund

Objective

TABLE 36

36

Minimum Balance --

Type Open End

Bench Mark Sensex

Kotak Mutual Funds

Objective

also

TABLE 37

37

Type Open End

Objective

TABLE 38

38

Type Open End

Bench Mark BSE 100

Objective

ignored

TABLE 39

39

Type Open End

Bench Mark BSE 200

TATA Mutual Funds

Objective

chip companies

TABLE 310

40

Type Open End

Bench Mark Sensex

HSBC Mutual Fund

Scheme Equity

Objective

TABLE 311

41

Type BSE 200

Bench Mark Sensex

TABLE 41

20718 1541613 16375 1713956 895026 1177707

NAV BSE 200

42

Where

43

FIGURE 41

investors

44

TABLE 42

(S amp P CNX Nifty)

17733 1755692 15470 1429215 1032597 950582

SampP CNX NIFTYNAV

45

FIGURE 42

(S amp P CNX Nifty)

index

46

TABLE 43

(S amp P CNX Nifty)

15651 1324553 15470 1429215 875932 950582

SampP CNX NIFTYNAV

47

FIGURE 43

(S amp P CNX Nifty)

benchmark index

48

46 HDFC EQUITY FUND

(S amp P CNX 500)

TABLE 44

19947 2043308 16166 1722767 1187992 1200118

SampP CNX 500NAV

49

FIGURE 44

50

Indicators (Sensex)

TABLE 45

13235 1341151 16199 1518380 962057 993575

SENSEXNAV

51

FIGURE 45

return

index

return

industry

52

TABLE 46

16788 1485760 15470 1429215 919928 950582

SampP CNX NIFTYNAV

53

FIGURE 46

benchmark index

54

TABLE 47

22102 2345791 16623 1669944 1212216 1117313

BSE 100NAV

55

FIGURE 47

index BSE 100

the benchmark index

56

TABLE 48

(BSE 200)

16246 1622637 16375 1713956 1109115 1177707

BSE 200NAV

57

FIGURE 48

(BSE 200)

58

TABLE 49

16937 1511646 16199 1518380 956013 993575

SENSEXNAV

59

FIGURE 49

the last 5 years

60

(Sensex)

TABLE 410

14324 1179413 16199 1518380 846744 993575

SENSEXNAV

61

FIGURE 410

62

OVERALL RANK

1

2

HSBC equity fund

3

HDFC Equity fund

4

HDFC Equity fund

63

51 FINDINGS

HSBC equity fund

fund

64

52 RECOMMENDATIONS

plan

65

53 CONCLUSION

needs

66

BIBLIOGRAPHY

BOOKS

JOURNALS

WEBSITES

wwwamfiindiacom

wwwbseindiacom

wwwnseindiacom

wwwindiainfolinecom

67

TABLE 32
- TABLE 43
- TABLE 48

Page 14: Comparative Performance Study of Mutual Funds in India

22 NEED FOR STUDY

14

Benchmark indexes

= 100

NAV Opening Value

15

Entry Load

ExitLoad

NAV

Performance

the investment

STANDARD DEVIATION

16

Where

p Risk of the Fund

Where

m Risk of the Index

17

n Rp2 - ( Rp)2

n2

p =12

n Rm2 - ( Rm)2

n2m =

12

BETA

Beta of the Fund

Where

p Beta of the fund

18

p =

Rm ndash ARm2

Sp =ARp - r σp

Tp =ARp - r βp

19

25 METHODOLOGY

Beta of the fund

20

26 SAMPLE DESIGN

equity schemes

PRIMARY DATA

of the company

SECONDARY DATA

21

28 PLAN OF ANALYSIS

210 CHAPTER SCHEME

22

31 INDUSTRY PROFILE

Scheme 1964

23

24

32 COMPANY PROFILE

321 Introduction

Investment Bank

Support Staff

25

Corporate Finance

Project Finance

Road

Power

1 Equity IPOs

26

3 Mutual Funds

Equity Broking

3 DP Services

Objectives

Mission

Vision

Values

27

28

1048633 Stock Ideas

1048633 Wealth Park

bull Daily

bull Weekly

bull Monthly

bull Event based

29

Primary market

Retail

30

4 HDFC Equity fund

31

10 HSBC equity fund

Objective

TABLE 32

32

Minimum Balance --

Type Open End

Bench Mark BSE 200

Objective

TABLE 33

33

Type Open End

ICICI Mutual Fund

Objective

TABLE 34

34

Type Open End

HDFC Mutual Fund

Scheme Equity

Objective

TABLE 35

35

Type Open End

J M Mutual Fund

Objective

TABLE 36

36

Minimum Balance --

Type Open End

Bench Mark Sensex

Kotak Mutual Funds

Objective

also

TABLE 37

37

Type Open End

Objective

TABLE 38

38

Type Open End

Bench Mark BSE 100

Objective

ignored

TABLE 39

39

Type Open End

Bench Mark BSE 200

TATA Mutual Funds

Objective

chip companies

TABLE 310

40

Type Open End

Bench Mark Sensex

HSBC Mutual Fund

Scheme Equity

Objective

TABLE 311

41

Type BSE 200

Bench Mark Sensex

TABLE 41

20718 1541613 16375 1713956 895026 1177707

NAV BSE 200

42

Where

43

FIGURE 41

investors

44

TABLE 42

(S amp P CNX Nifty)

17733 1755692 15470 1429215 1032597 950582

SampP CNX NIFTYNAV

45

FIGURE 42

(S amp P CNX Nifty)

index

46

TABLE 43

(S amp P CNX Nifty)

15651 1324553 15470 1429215 875932 950582

SampP CNX NIFTYNAV

47

FIGURE 43

(S amp P CNX Nifty)

benchmark index

48

46 HDFC EQUITY FUND

(S amp P CNX 500)

TABLE 44

19947 2043308 16166 1722767 1187992 1200118

SampP CNX 500NAV

49

FIGURE 44

50

Indicators (Sensex)

TABLE 45

13235 1341151 16199 1518380 962057 993575

SENSEXNAV

51

FIGURE 45

return

index

return

industry

52

TABLE 46

16788 1485760 15470 1429215 919928 950582

SampP CNX NIFTYNAV

53

FIGURE 46

benchmark index

54

TABLE 47

22102 2345791 16623 1669944 1212216 1117313

BSE 100NAV

55

FIGURE 47

index BSE 100

the benchmark index

56

TABLE 48

(BSE 200)

16246 1622637 16375 1713956 1109115 1177707

BSE 200NAV

57

FIGURE 48

(BSE 200)

58

TABLE 49

16937 1511646 16199 1518380 956013 993575

SENSEXNAV

59

FIGURE 49

the last 5 years

60

(Sensex)

TABLE 410

14324 1179413 16199 1518380 846744 993575

SENSEXNAV

61

FIGURE 410

62

OVERALL RANK

1

2

HSBC equity fund

3

HDFC Equity fund

4

HDFC Equity fund

63

51 FINDINGS

HSBC equity fund

fund

64

52 RECOMMENDATIONS

plan

65

53 CONCLUSION

needs

66

BIBLIOGRAPHY

BOOKS

JOURNALS

WEBSITES

wwwamfiindiacom

wwwbseindiacom

wwwnseindiacom

wwwindiainfolinecom

67

TABLE 32
- TABLE 43
- TABLE 48

Page 15: Comparative Performance Study of Mutual Funds in India

Benchmark indexes

= 100

NAV Opening Value

15

Entry Load

ExitLoad

NAV

Performance

the investment

STANDARD DEVIATION

16

Where

p Risk of the Fund

Where

m Risk of the Index

17

n Rp2 - ( Rp)2

n2

p =12

n Rm2 - ( Rm)2

n2m =

12

BETA

Beta of the Fund

Where

p Beta of the fund

18

p =

Rm ndash ARm2

Sp =ARp - r σp

Tp =ARp - r βp

19

25 METHODOLOGY

Beta of the fund

20

26 SAMPLE DESIGN

equity schemes

PRIMARY DATA

of the company

SECONDARY DATA

21

28 PLAN OF ANALYSIS

210 CHAPTER SCHEME

22

31 INDUSTRY PROFILE

Scheme 1964

23

24

32 COMPANY PROFILE

321 Introduction

Investment Bank

Support Staff

25

Corporate Finance

Project Finance

Road

Power

1 Equity IPOs

26

3 Mutual Funds

Equity Broking

3 DP Services

Objectives

Mission

Vision

Values

27

28

1048633 Stock Ideas

1048633 Wealth Park

bull Daily

bull Weekly

bull Monthly

bull Event based

29

Primary market

Retail

30

4 HDFC Equity fund

31

10 HSBC equity fund

Objective

TABLE 32

32

Minimum Balance --

Type Open End

Bench Mark BSE 200

Objective

TABLE 33

33

Type Open End

ICICI Mutual Fund

Objective

TABLE 34

34

Type Open End

HDFC Mutual Fund

Scheme Equity

Objective

TABLE 35

35

Type Open End

J M Mutual Fund

Objective

TABLE 36

36

Minimum Balance --

Type Open End

Bench Mark Sensex

Kotak Mutual Funds

Objective

also

TABLE 37

37

Type Open End

Objective

TABLE 38

38

Type Open End

Bench Mark BSE 100

Objective

ignored

TABLE 39

39

Type Open End

Bench Mark BSE 200

TATA Mutual Funds

Objective

chip companies

TABLE 310

40

Type Open End

Bench Mark Sensex

HSBC Mutual Fund

Scheme Equity

Objective

TABLE 311

41

Type BSE 200

Bench Mark Sensex

TABLE 41

20718 1541613 16375 1713956 895026 1177707

NAV BSE 200

42

Where

43

FIGURE 41

investors

44

TABLE 42

(S amp P CNX Nifty)

17733 1755692 15470 1429215 1032597 950582

SampP CNX NIFTYNAV

45

FIGURE 42

(S amp P CNX Nifty)

index

46

TABLE 43

(S amp P CNX Nifty)

15651 1324553 15470 1429215 875932 950582

SampP CNX NIFTYNAV

47

FIGURE 43

(S amp P CNX Nifty)

benchmark index

48

46 HDFC EQUITY FUND

(S amp P CNX 500)

TABLE 44

19947 2043308 16166 1722767 1187992 1200118

SampP CNX 500NAV

49

FIGURE 44

50

Indicators (Sensex)

TABLE 45

13235 1341151 16199 1518380 962057 993575

SENSEXNAV

51

FIGURE 45

return

index

return

industry

52

TABLE 46

16788 1485760 15470 1429215 919928 950582

SampP CNX NIFTYNAV

53

FIGURE 46

benchmark index

54

TABLE 47

22102 2345791 16623 1669944 1212216 1117313

BSE 100NAV

55

FIGURE 47

index BSE 100

the benchmark index

56

TABLE 48

(BSE 200)

16246 1622637 16375 1713956 1109115 1177707

BSE 200NAV

57

FIGURE 48

(BSE 200)

58

TABLE 49

16937 1511646 16199 1518380 956013 993575

SENSEXNAV

59

FIGURE 49

the last 5 years

60

(Sensex)

TABLE 410

14324 1179413 16199 1518380 846744 993575

SENSEXNAV

61

FIGURE 410

62

OVERALL RANK

1

2

HSBC equity fund

3

HDFC Equity fund

4

HDFC Equity fund

63

51 FINDINGS

HSBC equity fund

fund

64

52 RECOMMENDATIONS

plan

65

53 CONCLUSION

needs

66

BIBLIOGRAPHY

BOOKS

JOURNALS

WEBSITES

wwwamfiindiacom

wwwbseindiacom

wwwnseindiacom

wwwindiainfolinecom

67

TABLE 32
- TABLE 43
- TABLE 48

Page 16: Comparative Performance Study of Mutual Funds in India

Entry Load

ExitLoad

NAV

Performance

the investment

STANDARD DEVIATION

16

Where

p Risk of the Fund

Where

m Risk of the Index

17

n Rp2 - ( Rp)2

n2

p =12

n Rm2 - ( Rm)2

n2m =

12

BETA

Beta of the Fund

Where

p Beta of the fund

18

p =

Rm ndash ARm2

Sp =ARp - r σp

Tp =ARp - r βp

19

25 METHODOLOGY

Beta of the fund

20

26 SAMPLE DESIGN

equity schemes

PRIMARY DATA

of the company

SECONDARY DATA

21

28 PLAN OF ANALYSIS

210 CHAPTER SCHEME

22

31 INDUSTRY PROFILE

Scheme 1964

23

24

32 COMPANY PROFILE

321 Introduction

Investment Bank

Support Staff

25

Corporate Finance

Project Finance

Road

Power

1 Equity IPOs

26

3 Mutual Funds

Equity Broking

3 DP Services

Objectives

Mission

Vision

Values

27

28

1048633 Stock Ideas

1048633 Wealth Park

bull Daily

bull Weekly

bull Monthly

bull Event based

29

Primary market

Retail

30

4 HDFC Equity fund

31

10 HSBC equity fund

Objective

TABLE 32

32

Minimum Balance --

Type Open End

Bench Mark BSE 200

Objective

TABLE 33

33

Type Open End

ICICI Mutual Fund

Objective

TABLE 34

34

Type Open End

HDFC Mutual Fund

Scheme Equity

Objective

TABLE 35

35

Type Open End

J M Mutual Fund

Objective

TABLE 36

36

Minimum Balance --

Type Open End

Bench Mark Sensex

Kotak Mutual Funds

Objective

also

TABLE 37

37

Type Open End

Objective

TABLE 38

38

Type Open End

Bench Mark BSE 100

Objective

ignored

TABLE 39

39

Type Open End

Bench Mark BSE 200

TATA Mutual Funds

Objective

chip companies

TABLE 310

40

Type Open End

Bench Mark Sensex

HSBC Mutual Fund

Scheme Equity

Objective

TABLE 311

41

Type BSE 200

Bench Mark Sensex

TABLE 41

20718 1541613 16375 1713956 895026 1177707

NAV BSE 200

42

Where

43

FIGURE 41

investors

44

TABLE 42

(S amp P CNX Nifty)

17733 1755692 15470 1429215 1032597 950582

SampP CNX NIFTYNAV

45

FIGURE 42

(S amp P CNX Nifty)

index

46

TABLE 43

(S amp P CNX Nifty)

15651 1324553 15470 1429215 875932 950582

SampP CNX NIFTYNAV

47

FIGURE 43

(S amp P CNX Nifty)

benchmark index

48

46 HDFC EQUITY FUND

(S amp P CNX 500)

TABLE 44

19947 2043308 16166 1722767 1187992 1200118

SampP CNX 500NAV

49

FIGURE 44

50

Indicators (Sensex)

TABLE 45

13235 1341151 16199 1518380 962057 993575

SENSEXNAV

51

FIGURE 45

return

index

return

industry

52

TABLE 46

16788 1485760 15470 1429215 919928 950582

SampP CNX NIFTYNAV

53

FIGURE 46

benchmark index

54

TABLE 47

22102 2345791 16623 1669944 1212216 1117313

BSE 100NAV

55

FIGURE 47

index BSE 100

the benchmark index

56

TABLE 48

(BSE 200)

16246 1622637 16375 1713956 1109115 1177707

BSE 200NAV

57

FIGURE 48

(BSE 200)

58

TABLE 49

16937 1511646 16199 1518380 956013 993575

SENSEXNAV

59

FIGURE 49

the last 5 years

60

(Sensex)

TABLE 410

14324 1179413 16199 1518380 846744 993575

SENSEXNAV

61

FIGURE 410

62

OVERALL RANK

1

2

HSBC equity fund

3

HDFC Equity fund

4

HDFC Equity fund

63

51 FINDINGS

HSBC equity fund

fund

64

52 RECOMMENDATIONS

plan

65

53 CONCLUSION

needs

66

BIBLIOGRAPHY

BOOKS

JOURNALS

WEBSITES

wwwamfiindiacom

wwwbseindiacom

wwwnseindiacom

wwwindiainfolinecom

67

TABLE 32
- TABLE 43
- TABLE 48

Page 17: Comparative Performance Study of Mutual Funds in India

Where

p Risk of the Fund

Where

m Risk of the Index

17

n Rp2 - ( Rp)2

n2

p =12

n Rm2 - ( Rm)2

n2m =

12

BETA

Beta of the Fund

Where

p Beta of the fund

18

p =

Rm ndash ARm2

Sp =ARp - r σp

Tp =ARp - r βp

19

25 METHODOLOGY

Beta of the fund

20

26 SAMPLE DESIGN

equity schemes

PRIMARY DATA

of the company

SECONDARY DATA

21

28 PLAN OF ANALYSIS

210 CHAPTER SCHEME

22

31 INDUSTRY PROFILE

Scheme 1964

23

24

32 COMPANY PROFILE

321 Introduction

Investment Bank

Support Staff

25

Corporate Finance

Project Finance

Road

Power

1 Equity IPOs

26

3 Mutual Funds

Equity Broking

3 DP Services

Objectives

Mission

Vision

Values

27

28

1048633 Stock Ideas

1048633 Wealth Park

bull Daily

bull Weekly

bull Monthly

bull Event based

29

Primary market

Retail

30

4 HDFC Equity fund

31

10 HSBC equity fund

Objective

TABLE 32

32

Minimum Balance --

Type Open End

Bench Mark BSE 200

Objective

TABLE 33

33

Type Open End

ICICI Mutual Fund

Objective

TABLE 34

34

Type Open End

HDFC Mutual Fund

Scheme Equity

Objective

TABLE 35

35

Type Open End

J M Mutual Fund

Objective

TABLE 36

36

Minimum Balance --

Type Open End

Bench Mark Sensex

Kotak Mutual Funds

Objective

also

TABLE 37

37

Type Open End

Objective

TABLE 38

38

Type Open End

Bench Mark BSE 100

Objective

ignored

TABLE 39

39

Type Open End

Bench Mark BSE 200

TATA Mutual Funds

Objective

chip companies

TABLE 310

40

Type Open End

Bench Mark Sensex

HSBC Mutual Fund

Scheme Equity

Objective

TABLE 311

41

Type BSE 200

Bench Mark Sensex

TABLE 41

20718 1541613 16375 1713956 895026 1177707

NAV BSE 200

42

Where

43

FIGURE 41

investors

44

TABLE 42

(S amp P CNX Nifty)

17733 1755692 15470 1429215 1032597 950582

SampP CNX NIFTYNAV

45

FIGURE 42

(S amp P CNX Nifty)

index

46

TABLE 43

(S amp P CNX Nifty)

15651 1324553 15470 1429215 875932 950582

SampP CNX NIFTYNAV

47

FIGURE 43

(S amp P CNX Nifty)

benchmark index

48

46 HDFC EQUITY FUND

(S amp P CNX 500)

TABLE 44

19947 2043308 16166 1722767 1187992 1200118

SampP CNX 500NAV

49

FIGURE 44

50

Indicators (Sensex)

TABLE 45

13235 1341151 16199 1518380 962057 993575

SENSEXNAV

51

FIGURE 45

return

index

return

industry

52

TABLE 46

16788 1485760 15470 1429215 919928 950582

SampP CNX NIFTYNAV

53

FIGURE 46

benchmark index

54

TABLE 47

22102 2345791 16623 1669944 1212216 1117313

BSE 100NAV

55

FIGURE 47

index BSE 100

the benchmark index

56

TABLE 48

(BSE 200)

16246 1622637 16375 1713956 1109115 1177707

BSE 200NAV

57

FIGURE 48

(BSE 200)

58

TABLE 49

16937 1511646 16199 1518380 956013 993575

SENSEXNAV

59

FIGURE 49

the last 5 years

60

(Sensex)

TABLE 410

14324 1179413 16199 1518380 846744 993575

SENSEXNAV

61

FIGURE 410

62

OVERALL RANK

1

2

HSBC equity fund

3

HDFC Equity fund

4

HDFC Equity fund

63

51 FINDINGS

HSBC equity fund

fund

64

52 RECOMMENDATIONS

plan

65

53 CONCLUSION

needs

66

BIBLIOGRAPHY

BOOKS

JOURNALS

WEBSITES

wwwamfiindiacom

wwwbseindiacom

wwwnseindiacom

wwwindiainfolinecom

67

TABLE 32
- TABLE 43
- TABLE 48

Page 18: Comparative Performance Study of Mutual Funds in India

BETA

Beta of the Fund

Where

p Beta of the fund

18

p =

Rm ndash ARm2

Sp =ARp - r σp

Tp =ARp - r βp

19

25 METHODOLOGY

Beta of the fund

20

26 SAMPLE DESIGN

equity schemes

PRIMARY DATA

of the company

SECONDARY DATA

21

28 PLAN OF ANALYSIS

210 CHAPTER SCHEME

22

31 INDUSTRY PROFILE

Scheme 1964

23

24

32 COMPANY PROFILE

321 Introduction

Investment Bank

Support Staff

25

Corporate Finance

Project Finance

Road

Power

1 Equity IPOs

26

3 Mutual Funds

Equity Broking

3 DP Services

Objectives

Mission

Vision

Values

27

28

1048633 Stock Ideas

1048633 Wealth Park

bull Daily

bull Weekly

bull Monthly

bull Event based

29

Primary market

Retail

30

4 HDFC Equity fund

31

10 HSBC equity fund

Objective

TABLE 32

32

Minimum Balance --

Type Open End

Bench Mark BSE 200

Objective

TABLE 33

33

Type Open End

ICICI Mutual Fund

Objective

TABLE 34

34

Type Open End

HDFC Mutual Fund

Scheme Equity

Objective

TABLE 35

35

Type Open End

J M Mutual Fund

Objective

TABLE 36

36

Minimum Balance --

Type Open End

Bench Mark Sensex

Kotak Mutual Funds

Objective

also

TABLE 37

37

Type Open End

Objective

TABLE 38

38

Type Open End

Bench Mark BSE 100

Objective

ignored

TABLE 39

39

Type Open End

Bench Mark BSE 200

TATA Mutual Funds

Objective

chip companies

TABLE 310

40

Type Open End

Bench Mark Sensex

HSBC Mutual Fund

Scheme Equity

Objective

TABLE 311

41

Type BSE 200

Bench Mark Sensex

TABLE 41

20718 1541613 16375 1713956 895026 1177707

NAV BSE 200

42

Where

43

FIGURE 41

investors

44

TABLE 42

(S amp P CNX Nifty)

17733 1755692 15470 1429215 1032597 950582

SampP CNX NIFTYNAV

45

FIGURE 42

(S amp P CNX Nifty)

index

46

TABLE 43

(S amp P CNX Nifty)

15651 1324553 15470 1429215 875932 950582

SampP CNX NIFTYNAV

47

FIGURE 43

(S amp P CNX Nifty)

benchmark index

48

46 HDFC EQUITY FUND

(S amp P CNX 500)

TABLE 44

19947 2043308 16166 1722767 1187992 1200118

SampP CNX 500NAV

49

FIGURE 44

50

Indicators (Sensex)

TABLE 45

13235 1341151 16199 1518380 962057 993575

SENSEXNAV

51

FIGURE 45

return

index

return

industry

52

TABLE 46

16788 1485760 15470 1429215 919928 950582

SampP CNX NIFTYNAV

53

FIGURE 46

benchmark index

54

TABLE 47

22102 2345791 16623 1669944 1212216 1117313

BSE 100NAV

55

FIGURE 47

index BSE 100

the benchmark index

56

TABLE 48

(BSE 200)

16246 1622637 16375 1713956 1109115 1177707

BSE 200NAV

57

FIGURE 48

(BSE 200)

58

TABLE 49

16937 1511646 16199 1518380 956013 993575

SENSEXNAV

59

FIGURE 49

the last 5 years

60

(Sensex)

TABLE 410

14324 1179413 16199 1518380 846744 993575

SENSEXNAV

61

FIGURE 410

62

OVERALL RANK

1

2

HSBC equity fund

3

HDFC Equity fund

4

HDFC Equity fund

63

51 FINDINGS

HSBC equity fund

fund

64

52 RECOMMENDATIONS

plan

65

53 CONCLUSION

needs

66

BIBLIOGRAPHY

BOOKS

JOURNALS

WEBSITES

wwwamfiindiacom

wwwbseindiacom

wwwnseindiacom

wwwindiainfolinecom

67

TABLE 32
- TABLE 43
- TABLE 48

Page 19: Comparative Performance Study of Mutual Funds in India

Sp =ARp - r σp

Tp =ARp - r βp

19

25 METHODOLOGY

Beta of the fund

20

26 SAMPLE DESIGN

equity schemes

PRIMARY DATA

of the company

SECONDARY DATA

21

28 PLAN OF ANALYSIS

210 CHAPTER SCHEME

22

31 INDUSTRY PROFILE

Scheme 1964

23

24

32 COMPANY PROFILE

321 Introduction

Investment Bank

Support Staff

25

Corporate Finance

Project Finance

Road

Power

1 Equity IPOs

26

3 Mutual Funds

Equity Broking

3 DP Services

Objectives

Mission

Vision

Values

27

28

1048633 Stock Ideas

1048633 Wealth Park

bull Daily

bull Weekly

bull Monthly

bull Event based

29

Primary market

Retail

30

4 HDFC Equity fund

31

10 HSBC equity fund

Objective

TABLE 32

32

Minimum Balance --

Type Open End

Bench Mark BSE 200

Objective

TABLE 33

33

Type Open End

ICICI Mutual Fund

Objective

TABLE 34

34

Type Open End

HDFC Mutual Fund

Scheme Equity

Objective

TABLE 35

35

Type Open End

J M Mutual Fund

Objective

TABLE 36

36

Minimum Balance --

Type Open End

Bench Mark Sensex

Kotak Mutual Funds

Objective

also

TABLE 37

37

Type Open End

Objective

TABLE 38

38

Type Open End

Bench Mark BSE 100

Objective

ignored

TABLE 39

39

Type Open End

Bench Mark BSE 200

TATA Mutual Funds

Objective

chip companies

TABLE 310

40

Type Open End

Bench Mark Sensex

HSBC Mutual Fund

Scheme Equity

Objective

TABLE 311

41

Type BSE 200

Bench Mark Sensex

TABLE 41

20718 1541613 16375 1713956 895026 1177707

NAV BSE 200

42

Where

43

FIGURE 41

investors

44

TABLE 42

(S amp P CNX Nifty)

17733 1755692 15470 1429215 1032597 950582

SampP CNX NIFTYNAV

45

FIGURE 42

(S amp P CNX Nifty)

index

46

TABLE 43

(S amp P CNX Nifty)

15651 1324553 15470 1429215 875932 950582

SampP CNX NIFTYNAV

47

FIGURE 43

(S amp P CNX Nifty)

benchmark index

48

46 HDFC EQUITY FUND

(S amp P CNX 500)

TABLE 44

19947 2043308 16166 1722767 1187992 1200118

SampP CNX 500NAV

49

FIGURE 44

50

Indicators (Sensex)

TABLE 45

13235 1341151 16199 1518380 962057 993575

SENSEXNAV

51

FIGURE 45

return

index

return

industry

52

TABLE 46

16788 1485760 15470 1429215 919928 950582

SampP CNX NIFTYNAV

53

FIGURE 46

benchmark index

54

TABLE 47

22102 2345791 16623 1669944 1212216 1117313

BSE 100NAV

55

FIGURE 47

index BSE 100

the benchmark index

56

TABLE 48

(BSE 200)

16246 1622637 16375 1713956 1109115 1177707

BSE 200NAV

57

FIGURE 48

(BSE 200)

58

TABLE 49

16937 1511646 16199 1518380 956013 993575

SENSEXNAV

59

FIGURE 49

the last 5 years

60

(Sensex)

TABLE 410

14324 1179413 16199 1518380 846744 993575

SENSEXNAV

61

FIGURE 410

62

OVERALL RANK

1

2

HSBC equity fund

3

HDFC Equity fund

4

HDFC Equity fund

63

51 FINDINGS

HSBC equity fund

fund

64

52 RECOMMENDATIONS

plan

65

53 CONCLUSION

needs

66

BIBLIOGRAPHY

BOOKS

JOURNALS

WEBSITES

wwwamfiindiacom

wwwbseindiacom

wwwnseindiacom

wwwindiainfolinecom

67

TABLE 32
- TABLE 43
- TABLE 48

Page 20: Comparative Performance Study of Mutual Funds in India

25 METHODOLOGY

Beta of the fund

20

26 SAMPLE DESIGN

equity schemes

PRIMARY DATA

of the company

SECONDARY DATA

21

28 PLAN OF ANALYSIS

210 CHAPTER SCHEME

22

31 INDUSTRY PROFILE

Scheme 1964

23

24

32 COMPANY PROFILE

321 Introduction

Investment Bank

Support Staff

25

Corporate Finance

Project Finance

Road

Power

1 Equity IPOs

26

3 Mutual Funds

Equity Broking

3 DP Services

Objectives

Mission

Vision

Values

27

28

1048633 Stock Ideas

1048633 Wealth Park

bull Daily

bull Weekly

bull Monthly

bull Event based

29

Primary market

Retail

30

4 HDFC Equity fund

31

10 HSBC equity fund

Objective

TABLE 32

32

Minimum Balance --

Type Open End

Bench Mark BSE 200

Objective

TABLE 33

33

Type Open End

ICICI Mutual Fund

Objective

TABLE 34

34

Type Open End

HDFC Mutual Fund

Scheme Equity

Objective

TABLE 35

35

Type Open End

J M Mutual Fund

Objective

TABLE 36

36

Minimum Balance --

Type Open End

Bench Mark Sensex

Kotak Mutual Funds

Objective

also

TABLE 37

37

Type Open End

Objective

TABLE 38

38

Type Open End

Bench Mark BSE 100

Objective

ignored

TABLE 39

39

Type Open End

Bench Mark BSE 200

TATA Mutual Funds

Objective

chip companies

TABLE 310

40

Type Open End

Bench Mark Sensex

HSBC Mutual Fund

Scheme Equity

Objective

TABLE 311

41

Type BSE 200

Bench Mark Sensex

TABLE 41

20718 1541613 16375 1713956 895026 1177707

NAV BSE 200

42

Where

43

FIGURE 41

investors

44

TABLE 42

(S amp P CNX Nifty)

17733 1755692 15470 1429215 1032597 950582

SampP CNX NIFTYNAV

45

FIGURE 42

(S amp P CNX Nifty)

index

46

TABLE 43

(S amp P CNX Nifty)

15651 1324553 15470 1429215 875932 950582

SampP CNX NIFTYNAV

47

FIGURE 43

(S amp P CNX Nifty)

benchmark index

48

46 HDFC EQUITY FUND

(S amp P CNX 500)

TABLE 44

19947 2043308 16166 1722767 1187992 1200118

SampP CNX 500NAV

49

FIGURE 44

50

Indicators (Sensex)

TABLE 45

13235 1341151 16199 1518380 962057 993575

SENSEXNAV

51

FIGURE 45

return

index

return

industry

52

TABLE 46

16788 1485760 15470 1429215 919928 950582

SampP CNX NIFTYNAV

53

FIGURE 46

benchmark index

54

TABLE 47

22102 2345791 16623 1669944 1212216 1117313

BSE 100NAV

55

FIGURE 47

index BSE 100

the benchmark index

56

TABLE 48

(BSE 200)

16246 1622637 16375 1713956 1109115 1177707

BSE 200NAV

57

FIGURE 48

(BSE 200)

58

TABLE 49

16937 1511646 16199 1518380 956013 993575

SENSEXNAV

59

FIGURE 49

the last 5 years

60

(Sensex)

TABLE 410

14324 1179413 16199 1518380 846744 993575

SENSEXNAV

61

FIGURE 410

62

OVERALL RANK

1

2

HSBC equity fund

3

HDFC Equity fund

4

HDFC Equity fund

63

51 FINDINGS

HSBC equity fund

fund

64

52 RECOMMENDATIONS

plan

65

53 CONCLUSION

needs

66

BIBLIOGRAPHY

BOOKS

JOURNALS

WEBSITES

wwwamfiindiacom

wwwbseindiacom

wwwnseindiacom

wwwindiainfolinecom

67

TABLE 32
- TABLE 43
- TABLE 48

Page 21: Comparative Performance Study of Mutual Funds in India

26 SAMPLE DESIGN

equity schemes

PRIMARY DATA

of the company

SECONDARY DATA

21

28 PLAN OF ANALYSIS

210 CHAPTER SCHEME

22

31 INDUSTRY PROFILE

Scheme 1964

23

24

32 COMPANY PROFILE

321 Introduction

Investment Bank

Support Staff

25

Corporate Finance

Project Finance

Road

Power

1 Equity IPOs

26

3 Mutual Funds

Equity Broking

3 DP Services

Objectives

Mission

Vision

Values

27

28

1048633 Stock Ideas

1048633 Wealth Park

bull Daily

bull Weekly

bull Monthly

bull Event based

29

Primary market

Retail

30

4 HDFC Equity fund

31

10 HSBC equity fund

Objective

TABLE 32

32

Minimum Balance --

Type Open End

Bench Mark BSE 200

Objective

TABLE 33

33

Type Open End

ICICI Mutual Fund

Objective

TABLE 34

34

Type Open End

HDFC Mutual Fund

Scheme Equity

Objective

TABLE 35

35

Type Open End

J M Mutual Fund

Objective

TABLE 36

36

Minimum Balance --

Type Open End

Bench Mark Sensex

Kotak Mutual Funds

Objective

also

TABLE 37

37

Type Open End

Objective

TABLE 38

38

Type Open End

Bench Mark BSE 100

Objective

ignored

TABLE 39

39

Type Open End

Bench Mark BSE 200

TATA Mutual Funds

Objective

chip companies

TABLE 310

40

Type Open End

Bench Mark Sensex

HSBC Mutual Fund

Scheme Equity

Objective

TABLE 311

41

Type BSE 200

Bench Mark Sensex

TABLE 41

20718 1541613 16375 1713956 895026 1177707

NAV BSE 200

42

Where

43

FIGURE 41

investors

44

TABLE 42

(S amp P CNX Nifty)

17733 1755692 15470 1429215 1032597 950582

SampP CNX NIFTYNAV

45

FIGURE 42

(S amp P CNX Nifty)

index

46

TABLE 43

(S amp P CNX Nifty)

15651 1324553 15470 1429215 875932 950582

SampP CNX NIFTYNAV

47

FIGURE 43

(S amp P CNX Nifty)

benchmark index

48

46 HDFC EQUITY FUND

(S amp P CNX 500)

TABLE 44

19947 2043308 16166 1722767 1187992 1200118

SampP CNX 500NAV

49

FIGURE 44

50

Indicators (Sensex)

TABLE 45

13235 1341151 16199 1518380 962057 993575

SENSEXNAV

51

FIGURE 45

return

index

return

industry

52

TABLE 46

16788 1485760 15470 1429215 919928 950582

SampP CNX NIFTYNAV

53

FIGURE 46

benchmark index

54

TABLE 47

22102 2345791 16623 1669944 1212216 1117313

BSE 100NAV

55

FIGURE 47

index BSE 100

the benchmark index

56

TABLE 48

(BSE 200)

16246 1622637 16375 1713956 1109115 1177707

BSE 200NAV

57

FIGURE 48

(BSE 200)

58

TABLE 49

16937 1511646 16199 1518380 956013 993575

SENSEXNAV

59

FIGURE 49

the last 5 years

60

(Sensex)

TABLE 410

14324 1179413 16199 1518380 846744 993575

SENSEXNAV

61

FIGURE 410

62

OVERALL RANK

1

2

HSBC equity fund

3

HDFC Equity fund

4

HDFC Equity fund

63

51 FINDINGS

HSBC equity fund

fund

64

52 RECOMMENDATIONS

plan

65

53 CONCLUSION

needs

66

BIBLIOGRAPHY

BOOKS

JOURNALS

WEBSITES

wwwamfiindiacom

wwwbseindiacom

wwwnseindiacom

wwwindiainfolinecom

67

TABLE 32
- TABLE 43
- TABLE 48

Page 22: Comparative Performance Study of Mutual Funds in India

28 PLAN OF ANALYSIS

210 CHAPTER SCHEME

22

31 INDUSTRY PROFILE

Scheme 1964

23

24

32 COMPANY PROFILE

321 Introduction

Investment Bank

Support Staff

25

Corporate Finance

Project Finance

Road

Power

1 Equity IPOs

26

3 Mutual Funds

Equity Broking

3 DP Services

Objectives

Mission

Vision

Values

27

28

1048633 Stock Ideas

1048633 Wealth Park

bull Daily

bull Weekly

bull Monthly

bull Event based

29

Primary market

Retail

30

4 HDFC Equity fund

31

10 HSBC equity fund

Objective

TABLE 32

32

Minimum Balance --

Type Open End

Bench Mark BSE 200

Objective

TABLE 33

33

Type Open End

ICICI Mutual Fund

Objective

TABLE 34

34

Type Open End

HDFC Mutual Fund

Scheme Equity

Objective

TABLE 35

35

Type Open End

J M Mutual Fund

Objective

TABLE 36

36

Minimum Balance --

Type Open End

Bench Mark Sensex

Kotak Mutual Funds

Objective

also

TABLE 37

37

Type Open End

Objective

TABLE 38

38

Type Open End

Bench Mark BSE 100

Objective

ignored

TABLE 39

39

Type Open End

Bench Mark BSE 200

TATA Mutual Funds

Objective

chip companies

TABLE 310

40

Type Open End

Bench Mark Sensex

HSBC Mutual Fund

Scheme Equity

Objective

TABLE 311

41

Type BSE 200

Bench Mark Sensex

TABLE 41

20718 1541613 16375 1713956 895026 1177707

NAV BSE 200

42

Where

43

FIGURE 41

investors

44

TABLE 42

(S amp P CNX Nifty)

17733 1755692 15470 1429215 1032597 950582

SampP CNX NIFTYNAV

45

FIGURE 42

(S amp P CNX Nifty)

index

46

TABLE 43

(S amp P CNX Nifty)

15651 1324553 15470 1429215 875932 950582

SampP CNX NIFTYNAV

47

FIGURE 43

(S amp P CNX Nifty)

benchmark index

48

46 HDFC EQUITY FUND

(S amp P CNX 500)

TABLE 44

19947 2043308 16166 1722767 1187992 1200118

SampP CNX 500NAV

49

FIGURE 44

50

Indicators (Sensex)

TABLE 45

13235 1341151 16199 1518380 962057 993575

SENSEXNAV

51

FIGURE 45

return

index

return

industry

52

TABLE 46

16788 1485760 15470 1429215 919928 950582

SampP CNX NIFTYNAV

53

FIGURE 46

benchmark index

54

TABLE 47

22102 2345791 16623 1669944 1212216 1117313

BSE 100NAV

55

FIGURE 47

index BSE 100

the benchmark index

56

TABLE 48

(BSE 200)

16246 1622637 16375 1713956 1109115 1177707

BSE 200NAV

57

FIGURE 48

(BSE 200)

58

TABLE 49

16937 1511646 16199 1518380 956013 993575

SENSEXNAV

59

FIGURE 49

the last 5 years

60

(Sensex)

TABLE 410

14324 1179413 16199 1518380 846744 993575

SENSEXNAV

61

FIGURE 410

62

OVERALL RANK

1

2

HSBC equity fund

3

HDFC Equity fund

4

HDFC Equity fund

63

51 FINDINGS

HSBC equity fund

fund

64

52 RECOMMENDATIONS

plan

65

53 CONCLUSION

needs

66

BIBLIOGRAPHY

BOOKS

JOURNALS

WEBSITES

wwwamfiindiacom

wwwbseindiacom

wwwnseindiacom

wwwindiainfolinecom

67

TABLE 32
- TABLE 43
- TABLE 48

Page 23: Comparative Performance Study of Mutual Funds in India

31 INDUSTRY PROFILE

Scheme 1964

23

24

32 COMPANY PROFILE

321 Introduction

Investment Bank

Support Staff

25

Corporate Finance

Project Finance

Road

Power

1 Equity IPOs

26

3 Mutual Funds

Equity Broking

3 DP Services

Objectives

Mission

Vision

Values

27

28

1048633 Stock Ideas

1048633 Wealth Park

bull Daily

bull Weekly

bull Monthly

bull Event based

29

Primary market

Retail

30

4 HDFC Equity fund

31

10 HSBC equity fund

Objective

TABLE 32

32

Minimum Balance --

Type Open End

Bench Mark BSE 200

Objective

TABLE 33

33

Type Open End

ICICI Mutual Fund

Objective

TABLE 34

34

Type Open End

HDFC Mutual Fund

Scheme Equity

Objective

TABLE 35

35

Type Open End

J M Mutual Fund

Objective

TABLE 36

36

Minimum Balance --

Type Open End

Bench Mark Sensex

Kotak Mutual Funds

Objective

also

TABLE 37

37

Type Open End

Objective

TABLE 38

38

Type Open End

Bench Mark BSE 100

Objective

ignored

TABLE 39

39

Type Open End

Bench Mark BSE 200

TATA Mutual Funds

Objective

chip companies

TABLE 310

40

Type Open End

Bench Mark Sensex

HSBC Mutual Fund

Scheme Equity

Objective

TABLE 311

41

Type BSE 200

Bench Mark Sensex

TABLE 41

20718 1541613 16375 1713956 895026 1177707

NAV BSE 200

42

Where

43

FIGURE 41

investors

44

TABLE 42

(S amp P CNX Nifty)

17733 1755692 15470 1429215 1032597 950582

SampP CNX NIFTYNAV

45

FIGURE 42

(S amp P CNX Nifty)

index

46

TABLE 43

(S amp P CNX Nifty)

15651 1324553 15470 1429215 875932 950582

SampP CNX NIFTYNAV

47

FIGURE 43

(S amp P CNX Nifty)

benchmark index

48

46 HDFC EQUITY FUND

(S amp P CNX 500)

TABLE 44

19947 2043308 16166 1722767 1187992 1200118

SampP CNX 500NAV

49

FIGURE 44

50

Indicators (Sensex)

TABLE 45

13235 1341151 16199 1518380 962057 993575

SENSEXNAV

51

FIGURE 45

return

index

return

industry

52

TABLE 46

16788 1485760 15470 1429215 919928 950582

SampP CNX NIFTYNAV

53

FIGURE 46

benchmark index

54

TABLE 47

22102 2345791 16623 1669944 1212216 1117313

BSE 100NAV

55

FIGURE 47

index BSE 100

the benchmark index

56

TABLE 48

(BSE 200)

16246 1622637 16375 1713956 1109115 1177707

BSE 200NAV

57

FIGURE 48

(BSE 200)

58

TABLE 49

16937 1511646 16199 1518380 956013 993575

SENSEXNAV

59

FIGURE 49

the last 5 years

60

(Sensex)

TABLE 410

14324 1179413 16199 1518380 846744 993575

SENSEXNAV

61

FIGURE 410

62

OVERALL RANK

1

2

HSBC equity fund

3

HDFC Equity fund

4

HDFC Equity fund

63

51 FINDINGS

HSBC equity fund

fund

64

52 RECOMMENDATIONS

plan

65

53 CONCLUSION

needs

66

BIBLIOGRAPHY

BOOKS

JOURNALS

WEBSITES

wwwamfiindiacom

wwwbseindiacom

wwwnseindiacom

wwwindiainfolinecom

67

TABLE 32
- TABLE 43
- TABLE 48

Page 24: Comparative Performance Study of Mutual Funds in India

24

32 COMPANY PROFILE

321 Introduction

Investment Bank

Support Staff

25

Corporate Finance

Project Finance

Road

Power

1 Equity IPOs

26

3 Mutual Funds

Equity Broking

3 DP Services

Objectives

Mission

Vision

Values

27

28

1048633 Stock Ideas

1048633 Wealth Park

bull Daily

bull Weekly

bull Monthly

bull Event based

29

Primary market

Retail

30

4 HDFC Equity fund

31

10 HSBC equity fund

Objective

TABLE 32

32

Minimum Balance --

Type Open End

Bench Mark BSE 200

Objective

TABLE 33

33

Type Open End

ICICI Mutual Fund

Objective

TABLE 34

34

Type Open End

HDFC Mutual Fund

Scheme Equity

Objective

TABLE 35

35

Type Open End

J M Mutual Fund

Objective

TABLE 36

36

Minimum Balance --

Type Open End

Bench Mark Sensex

Kotak Mutual Funds

Objective

also

TABLE 37

37

Type Open End

Objective

TABLE 38

38

Type Open End

Bench Mark BSE 100

Objective

ignored

TABLE 39

39

Type Open End

Bench Mark BSE 200

TATA Mutual Funds

Objective

chip companies

TABLE 310

40

Type Open End

Bench Mark Sensex

HSBC Mutual Fund

Scheme Equity

Objective

TABLE 311

41

Type BSE 200

Bench Mark Sensex

TABLE 41

20718 1541613 16375 1713956 895026 1177707

NAV BSE 200

42

Where

43

FIGURE 41

investors

44

TABLE 42

(S amp P CNX Nifty)

17733 1755692 15470 1429215 1032597 950582

SampP CNX NIFTYNAV

45

FIGURE 42

(S amp P CNX Nifty)

index

46

TABLE 43

(S amp P CNX Nifty)

15651 1324553 15470 1429215 875932 950582

SampP CNX NIFTYNAV

47

FIGURE 43

(S amp P CNX Nifty)

benchmark index

48

46 HDFC EQUITY FUND

(S amp P CNX 500)

TABLE 44

19947 2043308 16166 1722767 1187992 1200118

SampP CNX 500NAV

49

FIGURE 44

50

Indicators (Sensex)

TABLE 45

13235 1341151 16199 1518380 962057 993575

SENSEXNAV

51

FIGURE 45

return

index

return

industry

52

TABLE 46

16788 1485760 15470 1429215 919928 950582

SampP CNX NIFTYNAV

53

FIGURE 46

benchmark index

54

TABLE 47

22102 2345791 16623 1669944 1212216 1117313

BSE 100NAV

55

FIGURE 47

index BSE 100

the benchmark index

56

TABLE 48

(BSE 200)

16246 1622637 16375 1713956 1109115 1177707

BSE 200NAV

57

FIGURE 48

(BSE 200)

58

TABLE 49

16937 1511646 16199 1518380 956013 993575

SENSEXNAV

59

FIGURE 49

the last 5 years

60

(Sensex)

TABLE 410

14324 1179413 16199 1518380 846744 993575

SENSEXNAV

61

FIGURE 410

62

OVERALL RANK

1

2

HSBC equity fund

3

HDFC Equity fund

4

HDFC Equity fund

63

51 FINDINGS

HSBC equity fund

fund

64

52 RECOMMENDATIONS

plan

65

53 CONCLUSION

needs

66

BIBLIOGRAPHY

BOOKS

JOURNALS

WEBSITES

wwwamfiindiacom

wwwbseindiacom

wwwnseindiacom

wwwindiainfolinecom

67

TABLE 32
- TABLE 43
- TABLE 48

Page 25: Comparative Performance Study of Mutual Funds in India

32 COMPANY PROFILE

321 Introduction

Investment Bank

Support Staff

25

Corporate Finance

Project Finance

Road

Power

1 Equity IPOs

26

3 Mutual Funds

Equity Broking

3 DP Services

Objectives

Mission

Vision

Values

27

28

1048633 Stock Ideas

1048633 Wealth Park

bull Daily

bull Weekly

bull Monthly

bull Event based

29

Primary market

Retail

30

4 HDFC Equity fund

31

10 HSBC equity fund

Objective

TABLE 32

32

Minimum Balance --

Type Open End

Bench Mark BSE 200

Objective

TABLE 33

33

Type Open End

ICICI Mutual Fund

Objective

TABLE 34

34

Type Open End

HDFC Mutual Fund

Scheme Equity

Objective

TABLE 35

35

Type Open End

J M Mutual Fund

Objective

TABLE 36

36

Minimum Balance --

Type Open End

Bench Mark Sensex

Kotak Mutual Funds

Objective

also

TABLE 37

37

Type Open End

Objective

TABLE 38

38

Type Open End

Bench Mark BSE 100

Objective

ignored

TABLE 39

39

Type Open End

Bench Mark BSE 200

TATA Mutual Funds

Objective

chip companies

TABLE 310

40

Type Open End

Bench Mark Sensex

HSBC Mutual Fund

Scheme Equity

Objective

TABLE 311

41

Type BSE 200

Bench Mark Sensex

TABLE 41

20718 1541613 16375 1713956 895026 1177707

NAV BSE 200

42

Where

43

FIGURE 41

investors

44

TABLE 42

(S amp P CNX Nifty)

17733 1755692 15470 1429215 1032597 950582

SampP CNX NIFTYNAV

45

FIGURE 42

(S amp P CNX Nifty)

index

46

TABLE 43

(S amp P CNX Nifty)

15651 1324553 15470 1429215 875932 950582

SampP CNX NIFTYNAV

47

FIGURE 43

(S amp P CNX Nifty)

benchmark index

48

46 HDFC EQUITY FUND

(S amp P CNX 500)

TABLE 44

19947 2043308 16166 1722767 1187992 1200118

SampP CNX 500NAV

49

FIGURE 44

50

Indicators (Sensex)

TABLE 45

13235 1341151 16199 1518380 962057 993575

SENSEXNAV

51

FIGURE 45

return

index

return

industry

52

TABLE 46

16788 1485760 15470 1429215 919928 950582

SampP CNX NIFTYNAV

53

FIGURE 46

benchmark index

54

TABLE 47

22102 2345791 16623 1669944 1212216 1117313

BSE 100NAV

55

FIGURE 47

index BSE 100

the benchmark index

56

TABLE 48

(BSE 200)

16246 1622637 16375 1713956 1109115 1177707

BSE 200NAV

57

FIGURE 48

(BSE 200)

58

TABLE 49

16937 1511646 16199 1518380 956013 993575

SENSEXNAV

59

FIGURE 49

the last 5 years

60

(Sensex)

TABLE 410

14324 1179413 16199 1518380 846744 993575

SENSEXNAV

61

FIGURE 410

62

OVERALL RANK

1

2

HSBC equity fund

3

HDFC Equity fund

4

HDFC Equity fund

63

51 FINDINGS

HSBC equity fund

fund

64

52 RECOMMENDATIONS

plan

65

53 CONCLUSION

needs

66

BIBLIOGRAPHY

BOOKS

JOURNALS

WEBSITES

wwwamfiindiacom

wwwbseindiacom

wwwnseindiacom

wwwindiainfolinecom

67

TABLE 32
- TABLE 43
- TABLE 48

Page 26: Comparative Performance Study of Mutual Funds in India

Corporate Finance

Project Finance

Road

Power

1 Equity IPOs

26

3 Mutual Funds

Equity Broking

3 DP Services

Objectives

Mission

Vision

Values

27

28

1048633 Stock Ideas

1048633 Wealth Park

bull Daily

bull Weekly

bull Monthly

bull Event based

29

Primary market

Retail

30

4 HDFC Equity fund

31

10 HSBC equity fund

Objective

TABLE 32

32

Minimum Balance --

Type Open End

Bench Mark BSE 200

Objective

TABLE 33

33

Type Open End

ICICI Mutual Fund

Objective

TABLE 34

34

Type Open End

HDFC Mutual Fund

Scheme Equity

Objective

TABLE 35

35

Type Open End

J M Mutual Fund

Objective

TABLE 36

36

Minimum Balance --

Type Open End

Bench Mark Sensex

Kotak Mutual Funds

Objective

also

TABLE 37

37

Type Open End

Objective

TABLE 38

38

Type Open End

Bench Mark BSE 100

Objective

ignored

TABLE 39

39

Type Open End

Bench Mark BSE 200

TATA Mutual Funds

Objective

chip companies

TABLE 310

40

Type Open End

Bench Mark Sensex

HSBC Mutual Fund

Scheme Equity

Objective

TABLE 311

41

Type BSE 200

Bench Mark Sensex

TABLE 41

20718 1541613 16375 1713956 895026 1177707

NAV BSE 200

42

Where

43

FIGURE 41

investors

44

TABLE 42

(S amp P CNX Nifty)

17733 1755692 15470 1429215 1032597 950582

SampP CNX NIFTYNAV

45

FIGURE 42

(S amp P CNX Nifty)

index

46

TABLE 43

(S amp P CNX Nifty)

15651 1324553 15470 1429215 875932 950582

SampP CNX NIFTYNAV

47

FIGURE 43

(S amp P CNX Nifty)

benchmark index

48

46 HDFC EQUITY FUND

(S amp P CNX 500)

TABLE 44

19947 2043308 16166 1722767 1187992 1200118

SampP CNX 500NAV

49

FIGURE 44

50

Indicators (Sensex)

TABLE 45

13235 1341151 16199 1518380 962057 993575

SENSEXNAV

51

FIGURE 45

return

index

return

industry

52

TABLE 46

16788 1485760 15470 1429215 919928 950582

SampP CNX NIFTYNAV

53

FIGURE 46

benchmark index

54

TABLE 47

22102 2345791 16623 1669944 1212216 1117313

BSE 100NAV

55

FIGURE 47

index BSE 100

the benchmark index

56

TABLE 48

(BSE 200)

16246 1622637 16375 1713956 1109115 1177707

BSE 200NAV

57

FIGURE 48

(BSE 200)

58

TABLE 49

16937 1511646 16199 1518380 956013 993575

SENSEXNAV

59

FIGURE 49

the last 5 years

60

(Sensex)

TABLE 410

14324 1179413 16199 1518380 846744 993575

SENSEXNAV

61

FIGURE 410

62

OVERALL RANK

1

2

HSBC equity fund

3

HDFC Equity fund

4

HDFC Equity fund

63

51 FINDINGS

HSBC equity fund

fund

64

52 RECOMMENDATIONS

plan

65

53 CONCLUSION

needs

66

BIBLIOGRAPHY

BOOKS

JOURNALS

WEBSITES

wwwamfiindiacom

wwwbseindiacom

wwwnseindiacom

wwwindiainfolinecom

67

TABLE 32
- TABLE 43
- TABLE 48

Page 27: Comparative Performance Study of Mutual Funds in India

3 Mutual Funds

Equity Broking

3 DP Services

Objectives

Mission

Vision

Values

27

28

1048633 Stock Ideas

1048633 Wealth Park

bull Daily

bull Weekly

bull Monthly

bull Event based

29

Primary market

Retail

30

4 HDFC Equity fund

31

10 HSBC equity fund

Objective

TABLE 32

32

Minimum Balance --

Type Open End

Bench Mark BSE 200

Objective

TABLE 33

33

Type Open End

ICICI Mutual Fund

Objective

TABLE 34

34

Type Open End

HDFC Mutual Fund

Scheme Equity

Objective

TABLE 35

35

Type Open End

J M Mutual Fund

Objective

TABLE 36

36

Minimum Balance --

Type Open End

Bench Mark Sensex

Kotak Mutual Funds

Objective

also

TABLE 37

37

Type Open End

Objective

TABLE 38

38

Type Open End

Bench Mark BSE 100

Objective

ignored

TABLE 39

39

Type Open End

Bench Mark BSE 200

TATA Mutual Funds

Objective

chip companies

TABLE 310

40

Type Open End

Bench Mark Sensex

HSBC Mutual Fund

Scheme Equity

Objective

TABLE 311

41

Type BSE 200

Bench Mark Sensex

TABLE 41

20718 1541613 16375 1713956 895026 1177707

NAV BSE 200

42

Where

43

FIGURE 41

investors

44

TABLE 42

(S amp P CNX Nifty)

17733 1755692 15470 1429215 1032597 950582

SampP CNX NIFTYNAV

45

FIGURE 42

(S amp P CNX Nifty)

index

46

TABLE 43

(S amp P CNX Nifty)

15651 1324553 15470 1429215 875932 950582

SampP CNX NIFTYNAV

47

FIGURE 43

(S amp P CNX Nifty)

benchmark index

48

46 HDFC EQUITY FUND

(S amp P CNX 500)

TABLE 44

19947 2043308 16166 1722767 1187992 1200118

SampP CNX 500NAV

49

FIGURE 44

50

Indicators (Sensex)

TABLE 45

13235 1341151 16199 1518380 962057 993575

SENSEXNAV

51

FIGURE 45

return

index

return

industry

52

TABLE 46

16788 1485760 15470 1429215 919928 950582

SampP CNX NIFTYNAV

53

FIGURE 46

benchmark index

54

TABLE 47

22102 2345791 16623 1669944 1212216 1117313

BSE 100NAV

55

FIGURE 47

index BSE 100

the benchmark index

56

TABLE 48

(BSE 200)

16246 1622637 16375 1713956 1109115 1177707

BSE 200NAV

57

FIGURE 48

(BSE 200)

58

TABLE 49

16937 1511646 16199 1518380 956013 993575

SENSEXNAV

59

FIGURE 49

the last 5 years

60

(Sensex)

TABLE 410

14324 1179413 16199 1518380 846744 993575

SENSEXNAV

61

FIGURE 410

62

OVERALL RANK

1

2

HSBC equity fund

3

HDFC Equity fund

4

HDFC Equity fund

63

51 FINDINGS

HSBC equity fund

fund

64

52 RECOMMENDATIONS

plan

65

53 CONCLUSION

needs

66

BIBLIOGRAPHY

BOOKS

JOURNALS

WEBSITES

wwwamfiindiacom

wwwbseindiacom

wwwnseindiacom

wwwindiainfolinecom

67

TABLE 32
- TABLE 43
- TABLE 48

Page 28: Comparative Performance Study of Mutual Funds in India

28

1048633 Stock Ideas

1048633 Wealth Park

bull Daily

bull Weekly

bull Monthly

bull Event based

29

Primary market

Retail

30

4 HDFC Equity fund

31

10 HSBC equity fund

Objective

TABLE 32

32

Minimum Balance --

Type Open End

Bench Mark BSE 200

Objective

TABLE 33

33

Type Open End

ICICI Mutual Fund

Objective

TABLE 34

34

Type Open End

HDFC Mutual Fund

Scheme Equity

Objective

TABLE 35

35

Type Open End

J M Mutual Fund

Objective

TABLE 36

36

Minimum Balance --

Type Open End

Bench Mark Sensex

Kotak Mutual Funds

Objective

also

TABLE 37

37

Type Open End

Objective

TABLE 38

38

Type Open End

Bench Mark BSE 100

Objective

ignored

TABLE 39

39

Type Open End

Bench Mark BSE 200

TATA Mutual Funds

Objective

chip companies

TABLE 310

40

Type Open End

Bench Mark Sensex

HSBC Mutual Fund

Scheme Equity

Objective

TABLE 311

41

Type BSE 200

Bench Mark Sensex

TABLE 41

20718 1541613 16375 1713956 895026 1177707

NAV BSE 200

42

Where

43

FIGURE 41

investors

44

TABLE 42

(S amp P CNX Nifty)

17733 1755692 15470 1429215 1032597 950582

SampP CNX NIFTYNAV

45

FIGURE 42

(S amp P CNX Nifty)

index

46

TABLE 43

(S amp P CNX Nifty)

15651 1324553 15470 1429215 875932 950582

SampP CNX NIFTYNAV

47

FIGURE 43

(S amp P CNX Nifty)

benchmark index

48

46 HDFC EQUITY FUND

(S amp P CNX 500)

TABLE 44

19947 2043308 16166 1722767 1187992 1200118

SampP CNX 500NAV

49

FIGURE 44

50

Indicators (Sensex)

TABLE 45

13235 1341151 16199 1518380 962057 993575

SENSEXNAV

51

FIGURE 45

return

index

return

industry

52

TABLE 46

16788 1485760 15470 1429215 919928 950582

SampP CNX NIFTYNAV

53

FIGURE 46

benchmark index

54

TABLE 47

22102 2345791 16623 1669944 1212216 1117313

BSE 100NAV

55

FIGURE 47

index BSE 100

the benchmark index

56

TABLE 48

(BSE 200)

16246 1622637 16375 1713956 1109115 1177707

BSE 200NAV

57

FIGURE 48

(BSE 200)

58

TABLE 49

16937 1511646 16199 1518380 956013 993575

SENSEXNAV

59

FIGURE 49

the last 5 years

60

(Sensex)

TABLE 410

14324 1179413 16199 1518380 846744 993575

SENSEXNAV

61

FIGURE 410

62

OVERALL RANK

1

2

HSBC equity fund

3

HDFC Equity fund

4

HDFC Equity fund

63

51 FINDINGS

HSBC equity fund

fund

64

52 RECOMMENDATIONS

plan

65

53 CONCLUSION

needs

66

BIBLIOGRAPHY

BOOKS

JOURNALS

WEBSITES

wwwamfiindiacom

wwwbseindiacom

wwwnseindiacom

wwwindiainfolinecom

67

TABLE 32
- TABLE 43
- TABLE 48

Page 29: Comparative Performance Study of Mutual Funds in India

1048633 Stock Ideas

1048633 Wealth Park

bull Daily

bull Weekly

bull Monthly

bull Event based

29

Primary market

Retail

30

4 HDFC Equity fund

31

10 HSBC equity fund

Objective

TABLE 32

32

Minimum Balance --

Type Open End

Bench Mark BSE 200

Objective

TABLE 33

33

Type Open End

ICICI Mutual Fund

Objective

TABLE 34

34

Type Open End

HDFC Mutual Fund

Scheme Equity

Objective

TABLE 35

35

Type Open End

J M Mutual Fund

Objective

TABLE 36

36

Minimum Balance --

Type Open End

Bench Mark Sensex

Kotak Mutual Funds

Objective

also

TABLE 37

37

Type Open End

Objective

TABLE 38

38

Type Open End

Bench Mark BSE 100

Objective

ignored

TABLE 39

39

Type Open End

Bench Mark BSE 200

TATA Mutual Funds

Objective

chip companies

TABLE 310

40

Type Open End

Bench Mark Sensex

HSBC Mutual Fund

Scheme Equity

Objective

TABLE 311

41

Type BSE 200

Bench Mark Sensex

TABLE 41

20718 1541613 16375 1713956 895026 1177707

NAV BSE 200

42

Where

43

FIGURE 41

investors

44

TABLE 42

(S amp P CNX Nifty)

17733 1755692 15470 1429215 1032597 950582

SampP CNX NIFTYNAV

45

FIGURE 42

(S amp P CNX Nifty)

index

46

TABLE 43

(S amp P CNX Nifty)

15651 1324553 15470 1429215 875932 950582

SampP CNX NIFTYNAV

47

FIGURE 43

(S amp P CNX Nifty)

benchmark index

48

46 HDFC EQUITY FUND

(S amp P CNX 500)

TABLE 44

19947 2043308 16166 1722767 1187992 1200118

SampP CNX 500NAV

49

FIGURE 44

50

Indicators (Sensex)

TABLE 45

13235 1341151 16199 1518380 962057 993575

SENSEXNAV

51

FIGURE 45

return

index

return

industry

52

TABLE 46

16788 1485760 15470 1429215 919928 950582

SampP CNX NIFTYNAV

53

FIGURE 46

benchmark index

54

TABLE 47

22102 2345791 16623 1669944 1212216 1117313

BSE 100NAV

55

FIGURE 47

index BSE 100

the benchmark index

56

TABLE 48

(BSE 200)

16246 1622637 16375 1713956 1109115 1177707

BSE 200NAV

57

FIGURE 48

(BSE 200)

58

TABLE 49

16937 1511646 16199 1518380 956013 993575

SENSEXNAV

59

FIGURE 49

the last 5 years

60

(Sensex)

TABLE 410

14324 1179413 16199 1518380 846744 993575

SENSEXNAV

61

FIGURE 410

62

OVERALL RANK

1

2

HSBC equity fund

3

HDFC Equity fund

4

HDFC Equity fund

63

51 FINDINGS

HSBC equity fund

fund

64

52 RECOMMENDATIONS

plan

65

53 CONCLUSION

needs

66

BIBLIOGRAPHY

BOOKS

JOURNALS

WEBSITES

wwwamfiindiacom

wwwbseindiacom

wwwnseindiacom

wwwindiainfolinecom

67

TABLE 32
- TABLE 43
- TABLE 48

Page 30: Comparative Performance Study of Mutual Funds in India

Primary market

Retail

30

4 HDFC Equity fund

31

10 HSBC equity fund

Objective

TABLE 32

32

Minimum Balance --

Type Open End

Bench Mark BSE 200

Objective

TABLE 33

33

Type Open End

ICICI Mutual Fund

Objective

TABLE 34

34

Type Open End

HDFC Mutual Fund

Scheme Equity

Objective

TABLE 35

35

Type Open End

J M Mutual Fund

Objective

TABLE 36

36

Minimum Balance --

Type Open End

Bench Mark Sensex

Kotak Mutual Funds

Objective

also

TABLE 37

37

Type Open End

Objective

TABLE 38

38

Type Open End

Bench Mark BSE 100

Objective

ignored

TABLE 39

39

Type Open End

Bench Mark BSE 200

TATA Mutual Funds

Objective

chip companies

TABLE 310

40

Type Open End

Bench Mark Sensex

HSBC Mutual Fund

Scheme Equity

Objective

TABLE 311

41

Type BSE 200

Bench Mark Sensex

TABLE 41

20718 1541613 16375 1713956 895026 1177707

NAV BSE 200

42

Where

43

FIGURE 41

investors

44

TABLE 42

(S amp P CNX Nifty)

17733 1755692 15470 1429215 1032597 950582

SampP CNX NIFTYNAV

45

FIGURE 42

(S amp P CNX Nifty)

index

46

TABLE 43

(S amp P CNX Nifty)

15651 1324553 15470 1429215 875932 950582

SampP CNX NIFTYNAV

47

FIGURE 43

(S amp P CNX Nifty)

benchmark index

48

46 HDFC EQUITY FUND

(S amp P CNX 500)

TABLE 44

19947 2043308 16166 1722767 1187992 1200118

SampP CNX 500NAV

49

FIGURE 44

50

Indicators (Sensex)

TABLE 45

13235 1341151 16199 1518380 962057 993575

SENSEXNAV

51

FIGURE 45

return

index

return

industry

52

TABLE 46

16788 1485760 15470 1429215 919928 950582

SampP CNX NIFTYNAV

53

FIGURE 46

benchmark index

54

TABLE 47

22102 2345791 16623 1669944 1212216 1117313

BSE 100NAV

55

FIGURE 47

index BSE 100

the benchmark index

56

TABLE 48

(BSE 200)

16246 1622637 16375 1713956 1109115 1177707

BSE 200NAV

57

FIGURE 48

(BSE 200)

58

TABLE 49

16937 1511646 16199 1518380 956013 993575

SENSEXNAV

59

FIGURE 49

the last 5 years

60

(Sensex)

TABLE 410

14324 1179413 16199 1518380 846744 993575

SENSEXNAV

61

FIGURE 410

62

OVERALL RANK

1

2

HSBC equity fund

3

HDFC Equity fund

4

HDFC Equity fund

63

51 FINDINGS

HSBC equity fund

fund

64

52 RECOMMENDATIONS

plan

65

53 CONCLUSION

needs

66

BIBLIOGRAPHY

BOOKS

JOURNALS

WEBSITES

wwwamfiindiacom

wwwbseindiacom

wwwnseindiacom

wwwindiainfolinecom

67

TABLE 32
- TABLE 43
- TABLE 48

Page 31: Comparative Performance Study of Mutual Funds in India

4 HDFC Equity fund

31

10 HSBC equity fund

Objective

TABLE 32

32

Minimum Balance --

Type Open End

Bench Mark BSE 200

Objective

TABLE 33

33

Type Open End

ICICI Mutual Fund

Objective

TABLE 34

34

Type Open End

HDFC Mutual Fund

Scheme Equity

Objective

TABLE 35

35

Type Open End

J M Mutual Fund

Objective

TABLE 36

36

Minimum Balance --

Type Open End

Bench Mark Sensex

Kotak Mutual Funds

Objective

also

TABLE 37

37

Type Open End

Objective

TABLE 38

38

Type Open End

Bench Mark BSE 100

Objective

ignored

TABLE 39

39

Type Open End

Bench Mark BSE 200

TATA Mutual Funds

Objective

chip companies

TABLE 310

40

Type Open End

Bench Mark Sensex

HSBC Mutual Fund

Scheme Equity

Objective

TABLE 311

41

Type BSE 200

Bench Mark Sensex

TABLE 41

20718 1541613 16375 1713956 895026 1177707

NAV BSE 200

42

Where

43

FIGURE 41

investors

44

TABLE 42

(S amp P CNX Nifty)

17733 1755692 15470 1429215 1032597 950582

SampP CNX NIFTYNAV

45

FIGURE 42

(S amp P CNX Nifty)

index

46

TABLE 43

(S amp P CNX Nifty)

15651 1324553 15470 1429215 875932 950582

SampP CNX NIFTYNAV

47

FIGURE 43

(S amp P CNX Nifty)

benchmark index

48

46 HDFC EQUITY FUND

(S amp P CNX 500)

TABLE 44

19947 2043308 16166 1722767 1187992 1200118

SampP CNX 500NAV

49

FIGURE 44

50

Indicators (Sensex)

TABLE 45

13235 1341151 16199 1518380 962057 993575

SENSEXNAV

51

FIGURE 45

return

index

return

industry

52

TABLE 46

16788 1485760 15470 1429215 919928 950582

SampP CNX NIFTYNAV

53

FIGURE 46

benchmark index

54

TABLE 47

22102 2345791 16623 1669944 1212216 1117313

BSE 100NAV

55

FIGURE 47

index BSE 100

the benchmark index

56

TABLE 48

(BSE 200)

16246 1622637 16375 1713956 1109115 1177707

BSE 200NAV

57

FIGURE 48

(BSE 200)

58

TABLE 49

16937 1511646 16199 1518380 956013 993575

SENSEXNAV

59

FIGURE 49

the last 5 years

60

(Sensex)

TABLE 410

14324 1179413 16199 1518380 846744 993575

SENSEXNAV

61

FIGURE 410

62

OVERALL RANK

1

2

HSBC equity fund

3

HDFC Equity fund

4

HDFC Equity fund

63

51 FINDINGS

HSBC equity fund

fund

64

52 RECOMMENDATIONS

plan

65

53 CONCLUSION

needs

66

BIBLIOGRAPHY

BOOKS

JOURNALS

WEBSITES

wwwamfiindiacom

wwwbseindiacom

wwwnseindiacom

wwwindiainfolinecom

67

TABLE 32
- TABLE 43
- TABLE 48

Page 32: Comparative Performance Study of Mutual Funds in India

10 HSBC equity fund

Objective

TABLE 32

32

Minimum Balance --

Type Open End

Bench Mark BSE 200

Objective

TABLE 33

33

Type Open End

ICICI Mutual Fund

Objective

TABLE 34

34

Type Open End

HDFC Mutual Fund

Scheme Equity

Objective

TABLE 35

35

Type Open End

J M Mutual Fund

Objective

TABLE 36

36

Minimum Balance --

Type Open End

Bench Mark Sensex

Kotak Mutual Funds

Objective

also

TABLE 37

37

Type Open End

Objective

TABLE 38

38

Type Open End

Bench Mark BSE 100

Objective

ignored

TABLE 39

39

Type Open End

Bench Mark BSE 200

TATA Mutual Funds

Objective

chip companies

TABLE 310

40

Type Open End

Bench Mark Sensex

HSBC Mutual Fund

Scheme Equity

Objective

TABLE 311

41

Type BSE 200

Bench Mark Sensex

TABLE 41

20718 1541613 16375 1713956 895026 1177707

NAV BSE 200

42

Where

43

FIGURE 41

investors

44

TABLE 42

(S amp P CNX Nifty)

17733 1755692 15470 1429215 1032597 950582

SampP CNX NIFTYNAV

45

FIGURE 42

(S amp P CNX Nifty)

index

46

TABLE 43

(S amp P CNX Nifty)

15651 1324553 15470 1429215 875932 950582

SampP CNX NIFTYNAV

47

FIGURE 43

(S amp P CNX Nifty)

benchmark index

48

46 HDFC EQUITY FUND

(S amp P CNX 500)

TABLE 44

19947 2043308 16166 1722767 1187992 1200118

SampP CNX 500NAV

49

FIGURE 44

50

Indicators (Sensex)

TABLE 45

13235 1341151 16199 1518380 962057 993575

SENSEXNAV

51

FIGURE 45

return

index

return

industry

52

TABLE 46

16788 1485760 15470 1429215 919928 950582

SampP CNX NIFTYNAV

53

FIGURE 46

benchmark index

54

TABLE 47

22102 2345791 16623 1669944 1212216 1117313

BSE 100NAV

55

FIGURE 47

index BSE 100

the benchmark index

56

TABLE 48

(BSE 200)

16246 1622637 16375 1713956 1109115 1177707

BSE 200NAV

57

FIGURE 48

(BSE 200)

58

TABLE 49

16937 1511646 16199 1518380 956013 993575

SENSEXNAV

59

FIGURE 49

the last 5 years

60

(Sensex)

TABLE 410

14324 1179413 16199 1518380 846744 993575

SENSEXNAV

61

FIGURE 410

62

OVERALL RANK

1

2

HSBC equity fund

3

HDFC Equity fund

4

HDFC Equity fund

63

51 FINDINGS

HSBC equity fund

fund

64

52 RECOMMENDATIONS

plan

65

53 CONCLUSION

needs

66

BIBLIOGRAPHY

BOOKS

JOURNALS

WEBSITES

wwwamfiindiacom

wwwbseindiacom

wwwnseindiacom

wwwindiainfolinecom

67

TABLE 32
- TABLE 43
- TABLE 48

Page 33: Comparative Performance Study of Mutual Funds in India

Minimum Balance --

Type Open End

Bench Mark BSE 200

Objective

TABLE 33

33

Type Open End

ICICI Mutual Fund

Objective

TABLE 34

34

Type Open End

HDFC Mutual Fund

Scheme Equity

Objective

TABLE 35

35

Type Open End

J M Mutual Fund

Objective

TABLE 36

36

Minimum Balance --

Type Open End

Bench Mark Sensex

Kotak Mutual Funds

Objective

also

TABLE 37

37

Type Open End

Objective

TABLE 38

38

Type Open End

Bench Mark BSE 100

Objective

ignored

TABLE 39

39

Type Open End

Bench Mark BSE 200

TATA Mutual Funds

Objective

chip companies

TABLE 310

40

Type Open End

Bench Mark Sensex

HSBC Mutual Fund

Scheme Equity

Objective

TABLE 311

41

Type BSE 200

Bench Mark Sensex

TABLE 41

20718 1541613 16375 1713956 895026 1177707

NAV BSE 200

42

Where

43

FIGURE 41

investors

44

TABLE 42

(S amp P CNX Nifty)

17733 1755692 15470 1429215 1032597 950582

SampP CNX NIFTYNAV

45

FIGURE 42

(S amp P CNX Nifty)

index

46

TABLE 43

(S amp P CNX Nifty)

15651 1324553 15470 1429215 875932 950582

SampP CNX NIFTYNAV

47

FIGURE 43

(S amp P CNX Nifty)

benchmark index

48

46 HDFC EQUITY FUND

(S amp P CNX 500)

TABLE 44

19947 2043308 16166 1722767 1187992 1200118

SampP CNX 500NAV

49

FIGURE 44

50

Indicators (Sensex)

TABLE 45

13235 1341151 16199 1518380 962057 993575

SENSEXNAV

51

FIGURE 45

return

index

return

industry

52

TABLE 46

16788 1485760 15470 1429215 919928 950582

SampP CNX NIFTYNAV

53

FIGURE 46

benchmark index

54

TABLE 47

22102 2345791 16623 1669944 1212216 1117313

BSE 100NAV

55

FIGURE 47

index BSE 100

the benchmark index

56

TABLE 48

(BSE 200)

16246 1622637 16375 1713956 1109115 1177707

BSE 200NAV

57

FIGURE 48

(BSE 200)

58

TABLE 49

16937 1511646 16199 1518380 956013 993575

SENSEXNAV

59

FIGURE 49

the last 5 years

60

(Sensex)

TABLE 410

14324 1179413 16199 1518380 846744 993575

SENSEXNAV

61

FIGURE 410

62

OVERALL RANK

1

2

HSBC equity fund

3

HDFC Equity fund

4

HDFC Equity fund

63

51 FINDINGS

HSBC equity fund

fund

64

52 RECOMMENDATIONS

plan

65

53 CONCLUSION

needs

66

BIBLIOGRAPHY

BOOKS

JOURNALS

WEBSITES

wwwamfiindiacom

wwwbseindiacom

wwwnseindiacom

wwwindiainfolinecom

67

TABLE 32
- TABLE 43
- TABLE 48

Page 34: Comparative Performance Study of Mutual Funds in India

Type Open End

ICICI Mutual Fund

Objective

TABLE 34

34

Type Open End

HDFC Mutual Fund

Scheme Equity

Objective

TABLE 35

35

Type Open End

J M Mutual Fund

Objective

TABLE 36

36

Minimum Balance --

Type Open End

Bench Mark Sensex

Kotak Mutual Funds

Objective

also

TABLE 37

37

Type Open End

Objective

TABLE 38

38

Type Open End

Bench Mark BSE 100

Objective

ignored

TABLE 39

39

Type Open End

Bench Mark BSE 200

TATA Mutual Funds

Objective

chip companies

TABLE 310

40

Type Open End

Bench Mark Sensex

HSBC Mutual Fund

Scheme Equity

Objective

TABLE 311

41

Type BSE 200

Bench Mark Sensex

TABLE 41

20718 1541613 16375 1713956 895026 1177707

NAV BSE 200

42

Where

43

FIGURE 41

investors

44

TABLE 42

(S amp P CNX Nifty)

17733 1755692 15470 1429215 1032597 950582

SampP CNX NIFTYNAV

45

FIGURE 42

(S amp P CNX Nifty)

index

46

TABLE 43

(S amp P CNX Nifty)

15651 1324553 15470 1429215 875932 950582

SampP CNX NIFTYNAV

47

FIGURE 43

(S amp P CNX Nifty)

benchmark index

48

46 HDFC EQUITY FUND

(S amp P CNX 500)

TABLE 44

19947 2043308 16166 1722767 1187992 1200118

SampP CNX 500NAV

49

FIGURE 44

50

Indicators (Sensex)

TABLE 45

13235 1341151 16199 1518380 962057 993575

SENSEXNAV

51

FIGURE 45

return

index

return

industry

52

TABLE 46

16788 1485760 15470 1429215 919928 950582

SampP CNX NIFTYNAV

53

FIGURE 46

benchmark index

54

TABLE 47

22102 2345791 16623 1669944 1212216 1117313

BSE 100NAV

55

FIGURE 47

index BSE 100

the benchmark index

56

TABLE 48

(BSE 200)

16246 1622637 16375 1713956 1109115 1177707

BSE 200NAV

57

FIGURE 48

(BSE 200)

58

TABLE 49

16937 1511646 16199 1518380 956013 993575

SENSEXNAV

59

FIGURE 49

the last 5 years

60

(Sensex)

TABLE 410

14324 1179413 16199 1518380 846744 993575

SENSEXNAV

61

FIGURE 410

62

OVERALL RANK

1

2

HSBC equity fund

3

HDFC Equity fund

4

HDFC Equity fund

63

51 FINDINGS

HSBC equity fund

fund

64

52 RECOMMENDATIONS

plan

65

53 CONCLUSION

needs

66

BIBLIOGRAPHY

BOOKS

JOURNALS

WEBSITES

wwwamfiindiacom

wwwbseindiacom

wwwnseindiacom

wwwindiainfolinecom

67

TABLE 32
- TABLE 43
- TABLE 48

Page 35: Comparative Performance Study of Mutual Funds in India

Type Open End

HDFC Mutual Fund

Scheme Equity

Objective

TABLE 35

35

Type Open End

J M Mutual Fund

Objective

TABLE 36

36

Minimum Balance --

Type Open End

Bench Mark Sensex

Kotak Mutual Funds

Objective

also

TABLE 37

37

Type Open End

Objective

TABLE 38

38

Type Open End

Bench Mark BSE 100

Objective

ignored

TABLE 39

39

Type Open End

Bench Mark BSE 200

TATA Mutual Funds

Objective

chip companies

TABLE 310

40

Type Open End

Bench Mark Sensex

HSBC Mutual Fund

Scheme Equity

Objective

TABLE 311

41

Type BSE 200

Bench Mark Sensex

TABLE 41

20718 1541613 16375 1713956 895026 1177707

NAV BSE 200

42

Where

43

FIGURE 41

investors

44

TABLE 42

(S amp P CNX Nifty)

17733 1755692 15470 1429215 1032597 950582

SampP CNX NIFTYNAV

45

FIGURE 42

(S amp P CNX Nifty)

index

46

TABLE 43

(S amp P CNX Nifty)

15651 1324553 15470 1429215 875932 950582

SampP CNX NIFTYNAV

47

FIGURE 43

(S amp P CNX Nifty)

benchmark index

48

46 HDFC EQUITY FUND

(S amp P CNX 500)

TABLE 44

19947 2043308 16166 1722767 1187992 1200118

SampP CNX 500NAV

49

FIGURE 44

50

Indicators (Sensex)

TABLE 45

13235 1341151 16199 1518380 962057 993575

SENSEXNAV

51

FIGURE 45

return

index

return

industry

52

TABLE 46

16788 1485760 15470 1429215 919928 950582

SampP CNX NIFTYNAV

53

FIGURE 46

benchmark index

54

TABLE 47

22102 2345791 16623 1669944 1212216 1117313

BSE 100NAV

55

FIGURE 47

index BSE 100

the benchmark index

56

TABLE 48

(BSE 200)

16246 1622637 16375 1713956 1109115 1177707

BSE 200NAV

57

FIGURE 48

(BSE 200)

58

TABLE 49

16937 1511646 16199 1518380 956013 993575

SENSEXNAV

59

FIGURE 49

the last 5 years

60

(Sensex)

TABLE 410

14324 1179413 16199 1518380 846744 993575

SENSEXNAV

61

FIGURE 410

62

OVERALL RANK

1

2

HSBC equity fund

3

HDFC Equity fund

4

HDFC Equity fund

63

51 FINDINGS

HSBC equity fund

fund

64

52 RECOMMENDATIONS

plan

65

53 CONCLUSION

needs

66

BIBLIOGRAPHY

BOOKS

JOURNALS

WEBSITES

wwwamfiindiacom

wwwbseindiacom

wwwnseindiacom

wwwindiainfolinecom

67

TABLE 32
- TABLE 43
- TABLE 48

Page 36: Comparative Performance Study of Mutual Funds in India

Type Open End

J M Mutual Fund

Objective

TABLE 36

36

Minimum Balance --

Type Open End

Bench Mark Sensex

Kotak Mutual Funds

Objective

also

TABLE 37

37

Type Open End

Objective

TABLE 38

38

Type Open End

Bench Mark BSE 100

Objective

ignored

TABLE 39

39

Type Open End

Bench Mark BSE 200

TATA Mutual Funds

Objective

chip companies

TABLE 310

40

Type Open End

Bench Mark Sensex

HSBC Mutual Fund

Scheme Equity

Objective

TABLE 311

41

Type BSE 200

Bench Mark Sensex

TABLE 41

20718 1541613 16375 1713956 895026 1177707

NAV BSE 200

42

Where

43

FIGURE 41

investors

44

TABLE 42

(S amp P CNX Nifty)

17733 1755692 15470 1429215 1032597 950582

SampP CNX NIFTYNAV

45

FIGURE 42

(S amp P CNX Nifty)

index

46

TABLE 43

(S amp P CNX Nifty)

15651 1324553 15470 1429215 875932 950582

SampP CNX NIFTYNAV

47

FIGURE 43

(S amp P CNX Nifty)

benchmark index

48

46 HDFC EQUITY FUND

(S amp P CNX 500)

TABLE 44

19947 2043308 16166 1722767 1187992 1200118

SampP CNX 500NAV

49

FIGURE 44

50

Indicators (Sensex)

TABLE 45

13235 1341151 16199 1518380 962057 993575

SENSEXNAV

51

FIGURE 45

return

index

return

industry

52

TABLE 46

16788 1485760 15470 1429215 919928 950582

SampP CNX NIFTYNAV

53

FIGURE 46

benchmark index

54

TABLE 47

22102 2345791 16623 1669944 1212216 1117313

BSE 100NAV

55

FIGURE 47

index BSE 100

the benchmark index

56

TABLE 48

(BSE 200)

16246 1622637 16375 1713956 1109115 1177707

BSE 200NAV

57

FIGURE 48

(BSE 200)

58

TABLE 49

16937 1511646 16199 1518380 956013 993575

SENSEXNAV

59

FIGURE 49

the last 5 years

60

(Sensex)

TABLE 410

14324 1179413 16199 1518380 846744 993575

SENSEXNAV

61

FIGURE 410

62

OVERALL RANK

1

2

HSBC equity fund

3

HDFC Equity fund

4

HDFC Equity fund

63

51 FINDINGS

HSBC equity fund

fund

64

52 RECOMMENDATIONS

plan

65

53 CONCLUSION

needs

66

BIBLIOGRAPHY

BOOKS

JOURNALS

WEBSITES

wwwamfiindiacom

wwwbseindiacom

wwwnseindiacom

wwwindiainfolinecom

67

TABLE 32
- TABLE 43
- TABLE 48

Page 37: Comparative Performance Study of Mutual Funds in India

Minimum Balance --

Type Open End

Bench Mark Sensex

Kotak Mutual Funds

Objective

also

TABLE 37

37

Type Open End

Objective

TABLE 38

38

Type Open End

Bench Mark BSE 100

Objective

ignored

TABLE 39

39

Type Open End

Bench Mark BSE 200

TATA Mutual Funds

Objective

chip companies

TABLE 310

40

Type Open End

Bench Mark Sensex

HSBC Mutual Fund

Scheme Equity

Objective

TABLE 311

41

Type BSE 200

Bench Mark Sensex

TABLE 41

20718 1541613 16375 1713956 895026 1177707

NAV BSE 200

42

Where

43

FIGURE 41

investors

44

TABLE 42

(S amp P CNX Nifty)

17733 1755692 15470 1429215 1032597 950582

SampP CNX NIFTYNAV

45

FIGURE 42

(S amp P CNX Nifty)

index

46

TABLE 43

(S amp P CNX Nifty)

15651 1324553 15470 1429215 875932 950582

SampP CNX NIFTYNAV

47

FIGURE 43

(S amp P CNX Nifty)

benchmark index

48

46 HDFC EQUITY FUND

(S amp P CNX 500)

TABLE 44

19947 2043308 16166 1722767 1187992 1200118

SampP CNX 500NAV

49

FIGURE 44

50

Indicators (Sensex)

TABLE 45

13235 1341151 16199 1518380 962057 993575

SENSEXNAV

51

FIGURE 45

return

index

return

industry

52

TABLE 46

16788 1485760 15470 1429215 919928 950582

SampP CNX NIFTYNAV

53

FIGURE 46

benchmark index

54

TABLE 47

22102 2345791 16623 1669944 1212216 1117313

BSE 100NAV

55

FIGURE 47

index BSE 100

the benchmark index

56

TABLE 48

(BSE 200)

16246 1622637 16375 1713956 1109115 1177707

BSE 200NAV

57

FIGURE 48

(BSE 200)

58

TABLE 49

16937 1511646 16199 1518380 956013 993575

SENSEXNAV

59

FIGURE 49

the last 5 years

60

(Sensex)

TABLE 410

14324 1179413 16199 1518380 846744 993575

SENSEXNAV

61

FIGURE 410

62

OVERALL RANK

1

2

HSBC equity fund

3

HDFC Equity fund

4

HDFC Equity fund

63

51 FINDINGS

HSBC equity fund

fund

64

52 RECOMMENDATIONS

plan

65

53 CONCLUSION

needs

66

BIBLIOGRAPHY

BOOKS

JOURNALS

WEBSITES

wwwamfiindiacom

wwwbseindiacom

wwwnseindiacom

wwwindiainfolinecom

67

TABLE 32
- TABLE 43
- TABLE 48

Page 38: Comparative Performance Study of Mutual Funds in India

Type Open End

Objective

TABLE 38

38

Type Open End

Bench Mark BSE 100

Objective

ignored

TABLE 39

39

Type Open End

Bench Mark BSE 200

TATA Mutual Funds

Objective

chip companies

TABLE 310

40

Type Open End

Bench Mark Sensex

HSBC Mutual Fund

Scheme Equity

Objective

TABLE 311

41

Type BSE 200

Bench Mark Sensex

TABLE 41

20718 1541613 16375 1713956 895026 1177707

NAV BSE 200

42

Where

43

FIGURE 41

investors

44

TABLE 42

(S amp P CNX Nifty)

17733 1755692 15470 1429215 1032597 950582

SampP CNX NIFTYNAV

45

FIGURE 42

(S amp P CNX Nifty)

index

46

TABLE 43

(S amp P CNX Nifty)

15651 1324553 15470 1429215 875932 950582

SampP CNX NIFTYNAV

47

FIGURE 43

(S amp P CNX Nifty)

benchmark index

48

46 HDFC EQUITY FUND

(S amp P CNX 500)

TABLE 44

19947 2043308 16166 1722767 1187992 1200118

SampP CNX 500NAV

49

FIGURE 44

50

Indicators (Sensex)

TABLE 45

13235 1341151 16199 1518380 962057 993575

SENSEXNAV

51

FIGURE 45

return

index

return

industry

52

TABLE 46

16788 1485760 15470 1429215 919928 950582

SampP CNX NIFTYNAV

53

FIGURE 46

benchmark index

54

TABLE 47

22102 2345791 16623 1669944 1212216 1117313

BSE 100NAV

55

FIGURE 47

index BSE 100

the benchmark index

56

TABLE 48

(BSE 200)

16246 1622637 16375 1713956 1109115 1177707

BSE 200NAV

57

FIGURE 48

(BSE 200)

58

TABLE 49

16937 1511646 16199 1518380 956013 993575

SENSEXNAV

59

FIGURE 49

the last 5 years

60

(Sensex)

TABLE 410

14324 1179413 16199 1518380 846744 993575

SENSEXNAV

61

FIGURE 410

62

OVERALL RANK

1

2

HSBC equity fund

3

HDFC Equity fund

4

HDFC Equity fund

63

51 FINDINGS

HSBC equity fund

fund

64

52 RECOMMENDATIONS

plan

65

53 CONCLUSION

needs

66

BIBLIOGRAPHY

BOOKS

JOURNALS

WEBSITES

wwwamfiindiacom

wwwbseindiacom

wwwnseindiacom

wwwindiainfolinecom

67

TABLE 32
- TABLE 43
- TABLE 48

Page 39: Comparative Performance Study of Mutual Funds in India

Type Open End

Bench Mark BSE 100

Objective

ignored

TABLE 39

39

Type Open End

Bench Mark BSE 200

TATA Mutual Funds

Objective

chip companies

TABLE 310

40

Type Open End

Bench Mark Sensex

HSBC Mutual Fund

Scheme Equity

Objective

TABLE 311

41

Type BSE 200

Bench Mark Sensex

TABLE 41

20718 1541613 16375 1713956 895026 1177707

NAV BSE 200

42

Where

43

FIGURE 41

investors

44

TABLE 42

(S amp P CNX Nifty)

17733 1755692 15470 1429215 1032597 950582

SampP CNX NIFTYNAV

45

FIGURE 42

(S amp P CNX Nifty)

index

46

TABLE 43

(S amp P CNX Nifty)

15651 1324553 15470 1429215 875932 950582

SampP CNX NIFTYNAV

47

FIGURE 43

(S amp P CNX Nifty)

benchmark index

48

46 HDFC EQUITY FUND

(S amp P CNX 500)

TABLE 44

19947 2043308 16166 1722767 1187992 1200118

SampP CNX 500NAV

49

FIGURE 44

50

Indicators (Sensex)

TABLE 45

13235 1341151 16199 1518380 962057 993575

SENSEXNAV

51

FIGURE 45

return

index

return

industry

52

TABLE 46

16788 1485760 15470 1429215 919928 950582

SampP CNX NIFTYNAV

53

FIGURE 46

benchmark index

54

TABLE 47

22102 2345791 16623 1669944 1212216 1117313

BSE 100NAV

55

FIGURE 47

index BSE 100

the benchmark index

56

TABLE 48

(BSE 200)

16246 1622637 16375 1713956 1109115 1177707

BSE 200NAV

57

FIGURE 48

(BSE 200)

58

TABLE 49

16937 1511646 16199 1518380 956013 993575

SENSEXNAV

59

FIGURE 49

the last 5 years

60

(Sensex)

TABLE 410

14324 1179413 16199 1518380 846744 993575

SENSEXNAV

61

FIGURE 410

62

OVERALL RANK

1

2

HSBC equity fund

3

HDFC Equity fund

4

HDFC Equity fund

63

51 FINDINGS

HSBC equity fund

fund

64

52 RECOMMENDATIONS

plan

65

53 CONCLUSION

needs

66

BIBLIOGRAPHY

BOOKS

JOURNALS

WEBSITES

wwwamfiindiacom

wwwbseindiacom

wwwnseindiacom

wwwindiainfolinecom

67

TABLE 32
- TABLE 43
- TABLE 48

Page 40: Comparative Performance Study of Mutual Funds in India

Type Open End

Bench Mark BSE 200

TATA Mutual Funds

Objective

chip companies

TABLE 310

40

Type Open End

Bench Mark Sensex

HSBC Mutual Fund

Scheme Equity

Objective

TABLE 311

41

Type BSE 200

Bench Mark Sensex

TABLE 41

20718 1541613 16375 1713956 895026 1177707

NAV BSE 200

42

Where

43

FIGURE 41

investors

44

TABLE 42

(S amp P CNX Nifty)

17733 1755692 15470 1429215 1032597 950582

SampP CNX NIFTYNAV

45

FIGURE 42

(S amp P CNX Nifty)

index

46

TABLE 43

(S amp P CNX Nifty)

15651 1324553 15470 1429215 875932 950582

SampP CNX NIFTYNAV

47

FIGURE 43

(S amp P CNX Nifty)

benchmark index

48

46 HDFC EQUITY FUND

(S amp P CNX 500)

TABLE 44

19947 2043308 16166 1722767 1187992 1200118

SampP CNX 500NAV

49

FIGURE 44

50

Indicators (Sensex)

TABLE 45

13235 1341151 16199 1518380 962057 993575

SENSEXNAV

51

FIGURE 45

return

index

return

industry

52

TABLE 46

16788 1485760 15470 1429215 919928 950582

SampP CNX NIFTYNAV

53

FIGURE 46

benchmark index

54

TABLE 47

22102 2345791 16623 1669944 1212216 1117313

BSE 100NAV

55

FIGURE 47

index BSE 100

the benchmark index

56

TABLE 48

(BSE 200)

16246 1622637 16375 1713956 1109115 1177707

BSE 200NAV

57

FIGURE 48

(BSE 200)

58

TABLE 49

16937 1511646 16199 1518380 956013 993575

SENSEXNAV

59

FIGURE 49

the last 5 years

60

(Sensex)

TABLE 410

14324 1179413 16199 1518380 846744 993575

SENSEXNAV

61

FIGURE 410

62

OVERALL RANK

1

2

HSBC equity fund

3

HDFC Equity fund

4

HDFC Equity fund

63

51 FINDINGS

HSBC equity fund

fund

64

52 RECOMMENDATIONS

plan

65

53 CONCLUSION

needs

66

BIBLIOGRAPHY

BOOKS

JOURNALS

WEBSITES

wwwamfiindiacom

wwwbseindiacom

wwwnseindiacom

wwwindiainfolinecom

67

TABLE 32
- TABLE 43
- TABLE 48

Page 41: Comparative Performance Study of Mutual Funds in India

Type Open End

Bench Mark Sensex

HSBC Mutual Fund

Scheme Equity

Objective

TABLE 311

41

Type BSE 200

Bench Mark Sensex

TABLE 41

20718 1541613 16375 1713956 895026 1177707

NAV BSE 200

42

Where

43

FIGURE 41

investors

44

TABLE 42

(S amp P CNX Nifty)

17733 1755692 15470 1429215 1032597 950582

SampP CNX NIFTYNAV

45

FIGURE 42

(S amp P CNX Nifty)

index

46

TABLE 43

(S amp P CNX Nifty)

15651 1324553 15470 1429215 875932 950582

SampP CNX NIFTYNAV

47

FIGURE 43

(S amp P CNX Nifty)

benchmark index

48

46 HDFC EQUITY FUND

(S amp P CNX 500)

TABLE 44

19947 2043308 16166 1722767 1187992 1200118

SampP CNX 500NAV

49

FIGURE 44

50

Indicators (Sensex)

TABLE 45

13235 1341151 16199 1518380 962057 993575

SENSEXNAV

51

FIGURE 45

return

index

return

industry

52

TABLE 46

16788 1485760 15470 1429215 919928 950582

SampP CNX NIFTYNAV

53

FIGURE 46

benchmark index

54

TABLE 47

22102 2345791 16623 1669944 1212216 1117313

BSE 100NAV

55

FIGURE 47

index BSE 100

the benchmark index

56

TABLE 48

(BSE 200)

16246 1622637 16375 1713956 1109115 1177707

BSE 200NAV

57

FIGURE 48

(BSE 200)

58

TABLE 49

16937 1511646 16199 1518380 956013 993575

SENSEXNAV

59

FIGURE 49

the last 5 years

60

(Sensex)

TABLE 410

14324 1179413 16199 1518380 846744 993575

SENSEXNAV

61

FIGURE 410

62

OVERALL RANK

1

2

HSBC equity fund

3

HDFC Equity fund

4

HDFC Equity fund

63

51 FINDINGS

HSBC equity fund

fund

64

52 RECOMMENDATIONS

plan

65

53 CONCLUSION

needs

66

BIBLIOGRAPHY

BOOKS

JOURNALS

WEBSITES

wwwamfiindiacom

wwwbseindiacom

wwwnseindiacom

wwwindiainfolinecom

67

TABLE 32
- TABLE 43
- TABLE 48

Page 42: Comparative Performance Study of Mutual Funds in India

Type BSE 200

Bench Mark Sensex

TABLE 41

20718 1541613 16375 1713956 895026 1177707

NAV BSE 200

42

Where

43

FIGURE 41

investors

44

TABLE 42

(S amp P CNX Nifty)

17733 1755692 15470 1429215 1032597 950582

SampP CNX NIFTYNAV

45

FIGURE 42

(S amp P CNX Nifty)

index

46

TABLE 43

(S amp P CNX Nifty)

15651 1324553 15470 1429215 875932 950582

SampP CNX NIFTYNAV

47

FIGURE 43

(S amp P CNX Nifty)

benchmark index

48

46 HDFC EQUITY FUND

(S amp P CNX 500)

TABLE 44

19947 2043308 16166 1722767 1187992 1200118

SampP CNX 500NAV

49

FIGURE 44

50

Indicators (Sensex)

TABLE 45

13235 1341151 16199 1518380 962057 993575

SENSEXNAV

51

FIGURE 45

return

index

return

industry

52

TABLE 46

16788 1485760 15470 1429215 919928 950582

SampP CNX NIFTYNAV

53

FIGURE 46

benchmark index

54

TABLE 47

22102 2345791 16623 1669944 1212216 1117313

BSE 100NAV

55

FIGURE 47

index BSE 100

the benchmark index

56

TABLE 48

(BSE 200)

16246 1622637 16375 1713956 1109115 1177707

BSE 200NAV

57

FIGURE 48

(BSE 200)

58

TABLE 49

16937 1511646 16199 1518380 956013 993575

SENSEXNAV

59

FIGURE 49

the last 5 years

60

(Sensex)

TABLE 410

14324 1179413 16199 1518380 846744 993575

SENSEXNAV

61

FIGURE 410

62

OVERALL RANK

1

2

HSBC equity fund

3

HDFC Equity fund

4

HDFC Equity fund

63

51 FINDINGS

HSBC equity fund

fund

64

52 RECOMMENDATIONS

plan

65

53 CONCLUSION

needs

66

BIBLIOGRAPHY

BOOKS

JOURNALS

WEBSITES

wwwamfiindiacom

wwwbseindiacom

wwwnseindiacom

wwwindiainfolinecom

67

TABLE 32
- TABLE 43
- TABLE 48

Page 43: Comparative Performance Study of Mutual Funds in India

Where

43

FIGURE 41

investors

44

TABLE 42

(S amp P CNX Nifty)

17733 1755692 15470 1429215 1032597 950582

SampP CNX NIFTYNAV

45

FIGURE 42

(S amp P CNX Nifty)

index

46

TABLE 43

(S amp P CNX Nifty)

15651 1324553 15470 1429215 875932 950582

SampP CNX NIFTYNAV

47

FIGURE 43

(S amp P CNX Nifty)

benchmark index

48

46 HDFC EQUITY FUND

(S amp P CNX 500)

TABLE 44

19947 2043308 16166 1722767 1187992 1200118

SampP CNX 500NAV

49

FIGURE 44

50

Indicators (Sensex)

TABLE 45

13235 1341151 16199 1518380 962057 993575

SENSEXNAV

51

FIGURE 45

return

index

return

industry

52

TABLE 46

16788 1485760 15470 1429215 919928 950582

SampP CNX NIFTYNAV

53

FIGURE 46

benchmark index

54

TABLE 47

22102 2345791 16623 1669944 1212216 1117313

BSE 100NAV

55

FIGURE 47

index BSE 100

the benchmark index

56

TABLE 48

(BSE 200)

16246 1622637 16375 1713956 1109115 1177707

BSE 200NAV

57

FIGURE 48

(BSE 200)

58

TABLE 49

16937 1511646 16199 1518380 956013 993575

SENSEXNAV

59

FIGURE 49

the last 5 years

60

(Sensex)

TABLE 410

14324 1179413 16199 1518380 846744 993575

SENSEXNAV

61

FIGURE 410

62

OVERALL RANK

1

2

HSBC equity fund

3

HDFC Equity fund

4

HDFC Equity fund

63

51 FINDINGS

HSBC equity fund

fund

64

52 RECOMMENDATIONS

plan

65

53 CONCLUSION

needs

66

BIBLIOGRAPHY

BOOKS

JOURNALS

WEBSITES

wwwamfiindiacom

wwwbseindiacom

wwwnseindiacom

wwwindiainfolinecom

67

TABLE 32
- TABLE 43
- TABLE 48

Page 44: Comparative Performance Study of Mutual Funds in India

FIGURE 41

investors

44

TABLE 42

(S amp P CNX Nifty)

17733 1755692 15470 1429215 1032597 950582

SampP CNX NIFTYNAV

45

FIGURE 42

(S amp P CNX Nifty)

index

46

TABLE 43

(S amp P CNX Nifty)

15651 1324553 15470 1429215 875932 950582

SampP CNX NIFTYNAV

47

FIGURE 43

(S amp P CNX Nifty)

benchmark index

48

46 HDFC EQUITY FUND

(S amp P CNX 500)

TABLE 44

19947 2043308 16166 1722767 1187992 1200118

SampP CNX 500NAV

49

FIGURE 44

50

Indicators (Sensex)

TABLE 45

13235 1341151 16199 1518380 962057 993575

SENSEXNAV

51

FIGURE 45

return

index

return

industry

52

TABLE 46

16788 1485760 15470 1429215 919928 950582

SampP CNX NIFTYNAV

53

FIGURE 46

benchmark index

54

TABLE 47

22102 2345791 16623 1669944 1212216 1117313

BSE 100NAV

55

FIGURE 47

index BSE 100

the benchmark index

56

TABLE 48

(BSE 200)

16246 1622637 16375 1713956 1109115 1177707

BSE 200NAV

57

FIGURE 48

(BSE 200)

58

TABLE 49

16937 1511646 16199 1518380 956013 993575

SENSEXNAV

59

FIGURE 49

the last 5 years

60

(Sensex)

TABLE 410

14324 1179413 16199 1518380 846744 993575

SENSEXNAV

61

FIGURE 410

62

OVERALL RANK

1

2

HSBC equity fund

3

HDFC Equity fund

4

HDFC Equity fund

63

51 FINDINGS

HSBC equity fund

fund

64

52 RECOMMENDATIONS

plan

65

53 CONCLUSION

needs

66

BIBLIOGRAPHY

BOOKS

JOURNALS

WEBSITES

wwwamfiindiacom

wwwbseindiacom

wwwnseindiacom

wwwindiainfolinecom

67

TABLE 32
- TABLE 43
- TABLE 48

Page 45: Comparative Performance Study of Mutual Funds in India

TABLE 42

(S amp P CNX Nifty)

17733 1755692 15470 1429215 1032597 950582

SampP CNX NIFTYNAV

45

FIGURE 42

(S amp P CNX Nifty)

index

46

TABLE 43

(S amp P CNX Nifty)

15651 1324553 15470 1429215 875932 950582

SampP CNX NIFTYNAV

47

FIGURE 43

(S amp P CNX Nifty)

benchmark index

48

46 HDFC EQUITY FUND

(S amp P CNX 500)

TABLE 44

19947 2043308 16166 1722767 1187992 1200118

SampP CNX 500NAV

49

FIGURE 44

50

Indicators (Sensex)

TABLE 45

13235 1341151 16199 1518380 962057 993575

SENSEXNAV

51

FIGURE 45

return

index

return

industry

52

TABLE 46

16788 1485760 15470 1429215 919928 950582

SampP CNX NIFTYNAV

53

FIGURE 46

benchmark index

54

TABLE 47

22102 2345791 16623 1669944 1212216 1117313

BSE 100NAV

55

FIGURE 47

index BSE 100

the benchmark index

56

TABLE 48

(BSE 200)

16246 1622637 16375 1713956 1109115 1177707

BSE 200NAV

57

FIGURE 48

(BSE 200)

58

TABLE 49

16937 1511646 16199 1518380 956013 993575

SENSEXNAV

59

FIGURE 49

the last 5 years

60

(Sensex)

TABLE 410

14324 1179413 16199 1518380 846744 993575

SENSEXNAV

61

FIGURE 410

62

OVERALL RANK

1

2

HSBC equity fund

3

HDFC Equity fund

4

HDFC Equity fund

63

51 FINDINGS

HSBC equity fund

fund

64

52 RECOMMENDATIONS

plan

65

53 CONCLUSION

needs

66

BIBLIOGRAPHY

BOOKS

JOURNALS

WEBSITES

wwwamfiindiacom

wwwbseindiacom

wwwnseindiacom

wwwindiainfolinecom

67

TABLE 32
- TABLE 43
- TABLE 48

Page 46: Comparative Performance Study of Mutual Funds in India

FIGURE 42

(S amp P CNX Nifty)

index

46

TABLE 43

(S amp P CNX Nifty)

15651 1324553 15470 1429215 875932 950582

SampP CNX NIFTYNAV

47

FIGURE 43

(S amp P CNX Nifty)

benchmark index

48

46 HDFC EQUITY FUND

(S amp P CNX 500)

TABLE 44

19947 2043308 16166 1722767 1187992 1200118

SampP CNX 500NAV

49

FIGURE 44

50

Indicators (Sensex)

TABLE 45

13235 1341151 16199 1518380 962057 993575

SENSEXNAV

51

FIGURE 45

return

index

return

industry

52

TABLE 46

16788 1485760 15470 1429215 919928 950582

SampP CNX NIFTYNAV

53

FIGURE 46

benchmark index

54

TABLE 47

22102 2345791 16623 1669944 1212216 1117313

BSE 100NAV

55

FIGURE 47

index BSE 100

the benchmark index

56

TABLE 48

(BSE 200)

16246 1622637 16375 1713956 1109115 1177707

BSE 200NAV

57

FIGURE 48

(BSE 200)

58

TABLE 49

16937 1511646 16199 1518380 956013 993575

SENSEXNAV

59

FIGURE 49

the last 5 years

60

(Sensex)

TABLE 410

14324 1179413 16199 1518380 846744 993575

SENSEXNAV

61

FIGURE 410

62

OVERALL RANK

1

2

HSBC equity fund

3

HDFC Equity fund

4

HDFC Equity fund

63

51 FINDINGS

HSBC equity fund

fund

64

52 RECOMMENDATIONS

plan

65

53 CONCLUSION

needs

66

BIBLIOGRAPHY

BOOKS

JOURNALS

WEBSITES

wwwamfiindiacom

wwwbseindiacom

wwwnseindiacom

wwwindiainfolinecom

67

TABLE 32
- TABLE 43
- TABLE 48

Page 47: Comparative Performance Study of Mutual Funds in India

TABLE 43

(S amp P CNX Nifty)

15651 1324553 15470 1429215 875932 950582

SampP CNX NIFTYNAV

47

FIGURE 43

(S amp P CNX Nifty)

benchmark index

48

46 HDFC EQUITY FUND

(S amp P CNX 500)

TABLE 44

19947 2043308 16166 1722767 1187992 1200118

SampP CNX 500NAV

49

FIGURE 44

50

Indicators (Sensex)

TABLE 45

13235 1341151 16199 1518380 962057 993575

SENSEXNAV

51

FIGURE 45

return

index

return

industry

52

TABLE 46

16788 1485760 15470 1429215 919928 950582

SampP CNX NIFTYNAV

53

FIGURE 46

benchmark index

54

TABLE 47

22102 2345791 16623 1669944 1212216 1117313

BSE 100NAV

55

FIGURE 47

index BSE 100

the benchmark index

56

TABLE 48

(BSE 200)

16246 1622637 16375 1713956 1109115 1177707

BSE 200NAV

57

FIGURE 48

(BSE 200)

58

TABLE 49

16937 1511646 16199 1518380 956013 993575

SENSEXNAV

59

FIGURE 49

the last 5 years

60

(Sensex)

TABLE 410

14324 1179413 16199 1518380 846744 993575

SENSEXNAV

61

FIGURE 410

62

OVERALL RANK

1

2

HSBC equity fund

3

HDFC Equity fund

4

HDFC Equity fund

63

51 FINDINGS

HSBC equity fund

fund

64

52 RECOMMENDATIONS

plan

65

53 CONCLUSION

needs

66

BIBLIOGRAPHY

BOOKS

JOURNALS

WEBSITES

wwwamfiindiacom

wwwbseindiacom

wwwnseindiacom

wwwindiainfolinecom

67

TABLE 32
- TABLE 43
- TABLE 48

Page 48: Comparative Performance Study of Mutual Funds in India

FIGURE 43

(S amp P CNX Nifty)

benchmark index

48

46 HDFC EQUITY FUND

(S amp P CNX 500)

TABLE 44

19947 2043308 16166 1722767 1187992 1200118

SampP CNX 500NAV

49

FIGURE 44

50

Indicators (Sensex)

TABLE 45

13235 1341151 16199 1518380 962057 993575

SENSEXNAV

51

FIGURE 45

return

index

return

industry

52

TABLE 46

16788 1485760 15470 1429215 919928 950582

SampP CNX NIFTYNAV

53

FIGURE 46

benchmark index

54

TABLE 47

22102 2345791 16623 1669944 1212216 1117313

BSE 100NAV

55

FIGURE 47

index BSE 100

the benchmark index

56

TABLE 48

(BSE 200)

16246 1622637 16375 1713956 1109115 1177707

BSE 200NAV

57

FIGURE 48

(BSE 200)

58

TABLE 49

16937 1511646 16199 1518380 956013 993575

SENSEXNAV

59

FIGURE 49

the last 5 years

60

(Sensex)

TABLE 410

14324 1179413 16199 1518380 846744 993575

SENSEXNAV

61

FIGURE 410

62

OVERALL RANK

1

2

HSBC equity fund

3

HDFC Equity fund

4

HDFC Equity fund

63

51 FINDINGS

HSBC equity fund

fund

64

52 RECOMMENDATIONS

plan

65

53 CONCLUSION

needs

66

BIBLIOGRAPHY

BOOKS

JOURNALS

WEBSITES

wwwamfiindiacom

wwwbseindiacom

wwwnseindiacom

wwwindiainfolinecom

67

TABLE 32
- TABLE 43
- TABLE 48

Page 49: Comparative Performance Study of Mutual Funds in India

46 HDFC EQUITY FUND

(S amp P CNX 500)

TABLE 44

19947 2043308 16166 1722767 1187992 1200118

SampP CNX 500NAV

49

FIGURE 44

50

Indicators (Sensex)

TABLE 45

13235 1341151 16199 1518380 962057 993575

SENSEXNAV

51

FIGURE 45

return

index

return

industry

52

TABLE 46

16788 1485760 15470 1429215 919928 950582

SampP CNX NIFTYNAV

53

FIGURE 46

benchmark index

54

TABLE 47

22102 2345791 16623 1669944 1212216 1117313

BSE 100NAV

55

FIGURE 47

index BSE 100

the benchmark index

56

TABLE 48

(BSE 200)

16246 1622637 16375 1713956 1109115 1177707

BSE 200NAV

57

FIGURE 48

(BSE 200)

58

TABLE 49

16937 1511646 16199 1518380 956013 993575

SENSEXNAV

59

FIGURE 49

the last 5 years

60

(Sensex)

TABLE 410

14324 1179413 16199 1518380 846744 993575

SENSEXNAV

61

FIGURE 410

62

OVERALL RANK

1

2

HSBC equity fund

3

HDFC Equity fund

4

HDFC Equity fund

63

51 FINDINGS

HSBC equity fund

fund

64

52 RECOMMENDATIONS

plan

65

53 CONCLUSION

needs

66

BIBLIOGRAPHY

BOOKS

JOURNALS

WEBSITES

wwwamfiindiacom

wwwbseindiacom

wwwnseindiacom

wwwindiainfolinecom

67

TABLE 32
- TABLE 43
- TABLE 48

Page 50: Comparative Performance Study of Mutual Funds in India

FIGURE 44

50

Indicators (Sensex)

TABLE 45

13235 1341151 16199 1518380 962057 993575

SENSEXNAV

51

FIGURE 45

return

index

return

industry

52

TABLE 46

16788 1485760 15470 1429215 919928 950582

SampP CNX NIFTYNAV

53

FIGURE 46

benchmark index

54

TABLE 47

22102 2345791 16623 1669944 1212216 1117313

BSE 100NAV

55

FIGURE 47

index BSE 100

the benchmark index

56

TABLE 48

(BSE 200)

16246 1622637 16375 1713956 1109115 1177707

BSE 200NAV

57

FIGURE 48

(BSE 200)

58

TABLE 49

16937 1511646 16199 1518380 956013 993575

SENSEXNAV

59

FIGURE 49

the last 5 years

60

(Sensex)

TABLE 410

14324 1179413 16199 1518380 846744 993575

SENSEXNAV

61

FIGURE 410

62

OVERALL RANK

1

2

HSBC equity fund

3

HDFC Equity fund

4

HDFC Equity fund

63

51 FINDINGS

HSBC equity fund

fund

64

52 RECOMMENDATIONS

plan

65

53 CONCLUSION

needs

66

BIBLIOGRAPHY

BOOKS

JOURNALS

WEBSITES

wwwamfiindiacom

wwwbseindiacom

wwwnseindiacom

wwwindiainfolinecom

67

TABLE 32
- TABLE 43
- TABLE 48

Page 51: Comparative Performance Study of Mutual Funds in India

Indicators (Sensex)

TABLE 45

13235 1341151 16199 1518380 962057 993575

SENSEXNAV

51

FIGURE 45

return

index

return

industry

52

TABLE 46

16788 1485760 15470 1429215 919928 950582

SampP CNX NIFTYNAV

53

FIGURE 46

benchmark index

54

TABLE 47

22102 2345791 16623 1669944 1212216 1117313

BSE 100NAV

55

FIGURE 47

index BSE 100

the benchmark index

56

TABLE 48

(BSE 200)

16246 1622637 16375 1713956 1109115 1177707

BSE 200NAV

57

FIGURE 48

(BSE 200)

58

TABLE 49

16937 1511646 16199 1518380 956013 993575

SENSEXNAV

59

FIGURE 49

the last 5 years

60

(Sensex)

TABLE 410

14324 1179413 16199 1518380 846744 993575

SENSEXNAV

61

FIGURE 410

62

OVERALL RANK

1

2

HSBC equity fund

3

HDFC Equity fund

4

HDFC Equity fund

63

51 FINDINGS

HSBC equity fund

fund

64

52 RECOMMENDATIONS

plan

65

53 CONCLUSION

needs

66

BIBLIOGRAPHY

BOOKS

JOURNALS

WEBSITES

wwwamfiindiacom

wwwbseindiacom

wwwnseindiacom

wwwindiainfolinecom

67

TABLE 32
- TABLE 43
- TABLE 48

Page 52: Comparative Performance Study of Mutual Funds in India

FIGURE 45

return

index

return

industry

52

TABLE 46

16788 1485760 15470 1429215 919928 950582

SampP CNX NIFTYNAV

53

FIGURE 46

benchmark index

54

TABLE 47

22102 2345791 16623 1669944 1212216 1117313

BSE 100NAV

55

FIGURE 47

index BSE 100

the benchmark index

56

TABLE 48

(BSE 200)

16246 1622637 16375 1713956 1109115 1177707

BSE 200NAV

57

FIGURE 48

(BSE 200)

58

TABLE 49

16937 1511646 16199 1518380 956013 993575

SENSEXNAV

59

FIGURE 49

the last 5 years

60

(Sensex)

TABLE 410

14324 1179413 16199 1518380 846744 993575

SENSEXNAV

61

FIGURE 410

62

OVERALL RANK

1

2

HSBC equity fund

3

HDFC Equity fund

4

HDFC Equity fund

63

51 FINDINGS

HSBC equity fund

fund

64

52 RECOMMENDATIONS

plan

65

53 CONCLUSION

needs

66

BIBLIOGRAPHY

BOOKS

JOURNALS

WEBSITES

wwwamfiindiacom

wwwbseindiacom

wwwnseindiacom

wwwindiainfolinecom

67

TABLE 32
- TABLE 43
- TABLE 48

Page 53: Comparative Performance Study of Mutual Funds in India

TABLE 46

16788 1485760 15470 1429215 919928 950582

SampP CNX NIFTYNAV

53

FIGURE 46

benchmark index

54

TABLE 47

22102 2345791 16623 1669944 1212216 1117313

BSE 100NAV

55

FIGURE 47

index BSE 100

the benchmark index

56

TABLE 48

(BSE 200)

16246 1622637 16375 1713956 1109115 1177707

BSE 200NAV

57

FIGURE 48

(BSE 200)

58

TABLE 49

16937 1511646 16199 1518380 956013 993575

SENSEXNAV

59

FIGURE 49

the last 5 years

60

(Sensex)

TABLE 410

14324 1179413 16199 1518380 846744 993575

SENSEXNAV

61

FIGURE 410

62

OVERALL RANK

1

2

HSBC equity fund

3

HDFC Equity fund

4

HDFC Equity fund

63

51 FINDINGS

HSBC equity fund

fund

64

52 RECOMMENDATIONS

plan

65

53 CONCLUSION

needs

66

BIBLIOGRAPHY

BOOKS

JOURNALS

WEBSITES

wwwamfiindiacom

wwwbseindiacom

wwwnseindiacom

wwwindiainfolinecom

67

TABLE 32
- TABLE 43
- TABLE 48

Page 54: Comparative Performance Study of Mutual Funds in India

FIGURE 46

benchmark index

54

TABLE 47

22102 2345791 16623 1669944 1212216 1117313

BSE 100NAV

55

FIGURE 47

index BSE 100

the benchmark index

56

TABLE 48

(BSE 200)

16246 1622637 16375 1713956 1109115 1177707

BSE 200NAV

57

FIGURE 48

(BSE 200)

58

TABLE 49

16937 1511646 16199 1518380 956013 993575

SENSEXNAV

59

FIGURE 49

the last 5 years

60

(Sensex)

TABLE 410

14324 1179413 16199 1518380 846744 993575

SENSEXNAV

61

FIGURE 410

62

OVERALL RANK

1

2

HSBC equity fund

3

HDFC Equity fund

4

HDFC Equity fund

63

51 FINDINGS

HSBC equity fund

fund

64

52 RECOMMENDATIONS

plan

65

53 CONCLUSION

needs

66

BIBLIOGRAPHY

BOOKS

JOURNALS

WEBSITES

wwwamfiindiacom

wwwbseindiacom

wwwnseindiacom

wwwindiainfolinecom

67

TABLE 32
- TABLE 43
- TABLE 48

Page 55: Comparative Performance Study of Mutual Funds in India

TABLE 47

22102 2345791 16623 1669944 1212216 1117313

BSE 100NAV

55

FIGURE 47

index BSE 100

the benchmark index

56

TABLE 48

(BSE 200)

16246 1622637 16375 1713956 1109115 1177707

BSE 200NAV

57

FIGURE 48

(BSE 200)

58

TABLE 49

16937 1511646 16199 1518380 956013 993575

SENSEXNAV

59

FIGURE 49

the last 5 years

60

(Sensex)

TABLE 410

14324 1179413 16199 1518380 846744 993575

SENSEXNAV

61

FIGURE 410

62

OVERALL RANK

1

2

HSBC equity fund

3

HDFC Equity fund

4

HDFC Equity fund

63

51 FINDINGS

HSBC equity fund

fund

64

52 RECOMMENDATIONS

plan

65

53 CONCLUSION

needs

66

BIBLIOGRAPHY

BOOKS

JOURNALS

WEBSITES

wwwamfiindiacom

wwwbseindiacom

wwwnseindiacom

wwwindiainfolinecom

67

TABLE 32
- TABLE 43
- TABLE 48

Page 56: Comparative Performance Study of Mutual Funds in India

FIGURE 47

index BSE 100

the benchmark index

56

TABLE 48

(BSE 200)

16246 1622637 16375 1713956 1109115 1177707

BSE 200NAV

57

FIGURE 48

(BSE 200)

58

TABLE 49

16937 1511646 16199 1518380 956013 993575

SENSEXNAV

59

FIGURE 49

the last 5 years

60

(Sensex)

TABLE 410

14324 1179413 16199 1518380 846744 993575

SENSEXNAV

61

FIGURE 410

62

OVERALL RANK

1

2

HSBC equity fund

3

HDFC Equity fund

4

HDFC Equity fund

63

51 FINDINGS

HSBC equity fund

fund

64

52 RECOMMENDATIONS

plan

65

53 CONCLUSION

needs

66

BIBLIOGRAPHY

BOOKS

JOURNALS

WEBSITES

wwwamfiindiacom

wwwbseindiacom

wwwnseindiacom

wwwindiainfolinecom

67

TABLE 32
- TABLE 43
- TABLE 48

Page 57: Comparative Performance Study of Mutual Funds in India

TABLE 48

(BSE 200)

16246 1622637 16375 1713956 1109115 1177707

BSE 200NAV

57

FIGURE 48

(BSE 200)

58

TABLE 49

16937 1511646 16199 1518380 956013 993575

SENSEXNAV

59

FIGURE 49

the last 5 years

60

(Sensex)

TABLE 410

14324 1179413 16199 1518380 846744 993575

SENSEXNAV

61

FIGURE 410

62

OVERALL RANK

1

2

HSBC equity fund

3

HDFC Equity fund

4

HDFC Equity fund

63

51 FINDINGS

HSBC equity fund

fund

64

52 RECOMMENDATIONS

plan

65

53 CONCLUSION

needs

66

BIBLIOGRAPHY

BOOKS

JOURNALS

WEBSITES

wwwamfiindiacom

wwwbseindiacom

wwwnseindiacom

wwwindiainfolinecom

67

TABLE 32
- TABLE 43
- TABLE 48

Page 58: Comparative Performance Study of Mutual Funds in India

FIGURE 48

(BSE 200)

58

TABLE 49

16937 1511646 16199 1518380 956013 993575

SENSEXNAV

59

FIGURE 49

the last 5 years

60

(Sensex)

TABLE 410

14324 1179413 16199 1518380 846744 993575

SENSEXNAV

61

FIGURE 410

62

OVERALL RANK

1

2

HSBC equity fund

3

HDFC Equity fund

4

HDFC Equity fund

63

51 FINDINGS

HSBC equity fund

fund

64

52 RECOMMENDATIONS

plan

65

53 CONCLUSION

needs

66

BIBLIOGRAPHY

BOOKS

JOURNALS

WEBSITES

wwwamfiindiacom

wwwbseindiacom

wwwnseindiacom

wwwindiainfolinecom

67

TABLE 32
- TABLE 43
- TABLE 48

Page 59: Comparative Performance Study of Mutual Funds in India

TABLE 49

16937 1511646 16199 1518380 956013 993575

SENSEXNAV

59

FIGURE 49

the last 5 years

60

(Sensex)

TABLE 410

14324 1179413 16199 1518380 846744 993575

SENSEXNAV

61

FIGURE 410

62

OVERALL RANK

1

2

HSBC equity fund

3

HDFC Equity fund

4

HDFC Equity fund

63

51 FINDINGS

HSBC equity fund

fund

64

52 RECOMMENDATIONS

plan

65

53 CONCLUSION

needs

66

BIBLIOGRAPHY

BOOKS

JOURNALS

WEBSITES

wwwamfiindiacom

wwwbseindiacom

wwwnseindiacom

wwwindiainfolinecom

67

TABLE 32
- TABLE 43
- TABLE 48

Page 60: Comparative Performance Study of Mutual Funds in India

FIGURE 49

the last 5 years

60

(Sensex)

TABLE 410

14324 1179413 16199 1518380 846744 993575

SENSEXNAV

61

FIGURE 410

62

OVERALL RANK

1

2

HSBC equity fund

3

HDFC Equity fund

4

HDFC Equity fund

63

51 FINDINGS

HSBC equity fund

fund

64

52 RECOMMENDATIONS

plan

65

53 CONCLUSION

needs

66

BIBLIOGRAPHY

BOOKS

JOURNALS

WEBSITES

wwwamfiindiacom

wwwbseindiacom

wwwnseindiacom

wwwindiainfolinecom

67

TABLE 32
- TABLE 43
- TABLE 48

Page 61: Comparative Performance Study of Mutual Funds in India

(Sensex)

TABLE 410

14324 1179413 16199 1518380 846744 993575

SENSEXNAV

61

FIGURE 410

62

OVERALL RANK

1

2

HSBC equity fund

3

HDFC Equity fund

4

HDFC Equity fund

63

51 FINDINGS

HSBC equity fund

fund

64

52 RECOMMENDATIONS

plan

65

53 CONCLUSION

needs

66

BIBLIOGRAPHY

BOOKS

JOURNALS

WEBSITES

wwwamfiindiacom

wwwbseindiacom

wwwnseindiacom

wwwindiainfolinecom

67

TABLE 32
- TABLE 43
- TABLE 48

Page 62: Comparative Performance Study of Mutual Funds in India

FIGURE 410

62

OVERALL RANK

1

2

HSBC equity fund

3

HDFC Equity fund

4

HDFC Equity fund

63

51 FINDINGS

HSBC equity fund

fund

64

52 RECOMMENDATIONS

plan

65

53 CONCLUSION

needs

66

BIBLIOGRAPHY

BOOKS

JOURNALS

WEBSITES

wwwamfiindiacom

wwwbseindiacom

wwwnseindiacom

wwwindiainfolinecom

67

TABLE 32
- TABLE 43
- TABLE 48

Page 63: Comparative Performance Study of Mutual Funds in India

OVERALL RANK

1

2

HSBC equity fund

3

HDFC Equity fund

4

HDFC Equity fund

63

51 FINDINGS

HSBC equity fund

fund

64

52 RECOMMENDATIONS

plan

65

53 CONCLUSION

needs

66

BIBLIOGRAPHY

BOOKS

JOURNALS

WEBSITES

wwwamfiindiacom

wwwbseindiacom

wwwnseindiacom

wwwindiainfolinecom

67

TABLE 32
- TABLE 43
- TABLE 48

Page 64: Comparative Performance Study of Mutual Funds in India

51 FINDINGS

HSBC equity fund

fund

64

52 RECOMMENDATIONS

plan

65

53 CONCLUSION

needs

66

BIBLIOGRAPHY

BOOKS

JOURNALS

WEBSITES

wwwamfiindiacom

wwwbseindiacom

wwwnseindiacom

wwwindiainfolinecom

67

TABLE 32
- TABLE 43
- TABLE 48

Page 65: Comparative Performance Study of Mutual Funds in India

52 RECOMMENDATIONS

plan

65

53 CONCLUSION

needs

66

BIBLIOGRAPHY

BOOKS

JOURNALS

WEBSITES

wwwamfiindiacom

wwwbseindiacom

wwwnseindiacom

wwwindiainfolinecom

67

TABLE 32
- TABLE 43
- TABLE 48

Page 66: Comparative Performance Study of Mutual Funds in India

53 CONCLUSION

needs

66

BIBLIOGRAPHY

BOOKS

JOURNALS

WEBSITES

wwwamfiindiacom

wwwbseindiacom

wwwnseindiacom

wwwindiainfolinecom

67

TABLE 32
- TABLE 43
- TABLE 48

Page 67: Comparative Performance Study of Mutual Funds in India

BIBLIOGRAPHY

BOOKS

JOURNALS

WEBSITES

wwwamfiindiacom

wwwbseindiacom

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67

TABLE 32
- TABLE 43
- TABLE 48

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