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1. A STUDY OF MUTUAL
FUND SCHEME IN INDIA
Name: - Nilkantha Sawant
Roll no. 27
2. COMPANY ANALSIS
• FinMudra Advisory Services is owned and founded by ritesh Gulrajani, who is a SEBI
registered Investment Adviser.
• The Services Include
Comprehensive Financial planning
Mutual fund Advisory
Equity Advisory
One time review of your overall portfolio
Investment Education
• Our Objective is
To keep investment as simple as possible by avoiding toxic financial products as our 1st step of
advisory.
To help our clients create long term sustainable wealth through proper asset allocation and
diversification in investment.
To be completely transparent and ethical in our process and communications.
3. NEED OF THE STUDY
• A Mutual fund business quickly expanding in India
• Most people in India afraid of losing money
• Indians are progressively shifting their savings from physical to financial
4. LITERATURE REVIEW
• COMPARATIVEPERFORMANCE ANALYSIS OF SELECTEDMUTUAL FUND
SCHEMES IN TAX SAVER CATEGORY" Dr. Avadhoot pol, Dr. Harshal Raje, Dr.
Ujjwal Mishra. (4-11-2021)
• Investor Behavior under Prospect Theory: Evidence from Mutual Funds jin Guo,
Lorenzo Schonleber (7-6-2021)
• The Mutual Fund Industry 60 Years Later: For Better or Worse? John C Bogle
2/Jan/2019
• The Index Mutual Fund: 40 Years of Growth, Change, and Challenge John C. Bogle
27/dec/2018
• Mutual Fund Investment Strategies, Styles and Performance Camille Schmidt
31/Jan/ 2014
5. OBJECTIVE
• To understand mutual fund Industry in India
• To understand mutual fund scheme mandate by SEBI
• To understand risk and return of the various Mutual fund schemes
6. RESEARCH METHODOLOGY
• Research design: - Descriptive research
• Data Source: - secondary source
• Source of secondary data
• Statistical tools: - Ratio analysis
7. INTRODUCTION OF THE TOPIC
• What are the various type of mutual funds
• Advantages of mutual funds
• Participants in the working of mutual fund industry
• Investment strategies
• How to begin investing in Mutual fund
8. DATA ANALYSIS
• Large cap Fund
Name of
the scheme
Axis Bluechip fund
Mirae Asset Large
Cap Fund
AUM (in cr) 27142 25721
Expense Ratio 0.5 0.52
1 year returns 43.05 49.18
2 years Returns 27.47 29.91
3 Years returns 22.07 21.71
5 Year Returns 19.13 17
Standard Dev 18.4 20.98
Beta 0.82 0.97
Sharpe Ratio 0.67 0.56
Treynor's Ratio 0.15 0.12
jension alpha 2.03 0.18
Fund manager
Shreyash devalkar /
Hitesh Das
Neelesh surana/
Harshad Borawake/
Gaurav Misra
Benchmark S & P BSE 100 TRI S & P BSE 100 TRI
9. MID CAP FUND
Name of
the scheme
DSP Midcap Fund Axis Mid cap Fund
AUM (in cr) 11,249 10899
Expense Ratio 0.85 0.51
1 year returns 56.83 60.49
2 years Returns 37.66 41.76
3 Years returns 27.07 31.42
5 Year Returns 18.56 23.83
Standard Dev 18.17 16.7
Beta 0.78 0.74
Sharpe Ratio 0.62 0.87
Treynor's Ratio 0.14 0.2
jension alpha 3.1 7.09
Fund manager
vinit sambre /
resham jain Shreyash devalkar
Benchmark
S & P BSC 150
Midcap TRI
S & P BSC 150
Midcap TRI
10. SMALL CAP FUND
Name of
the scheme
axis Small cap
Mutual Fund
NIPPON India
Small Cap Fund
AUM (in cr) 5435 14318
Expense Ratio 0.41 0.99
1 year returns 87.62 112.39
2 years Returns 49.89 61.28
3 Years returns 36.09 38.14
5 Year Returns 25.26 24.31
Standard Dev 17.26 20.36
Beta 0.65 0.82
Sharpe Ratio 0.98 0.4
Treynor's Ratio 0.26 0.1
jension alpha 13.01 7.98
Fund manager Anupam Tiwari Samir Rachh
11. MULTI CAP FUND
Name of
the scheme
Invesco Mutual
Fund
Quant Active
Fund
AUM (in cr) 1,338 595
Expense Ratio 0.77 0.57
1 year returns 62.85 108.48
2 years Returns 40.8 68.23
3 Years returns 28.48 45.84
5 Year Returns 20.32 30.19
Standard Dev 19.09 20.88
Beta 0.81 0.78
Sharpe Ratio 0.49 1.06
Treynor's Ratio 0.11 0.28
jension alpha 4.45 13.13
Fund manager
Amit Nigam,
Pranav Gokhale
sanjeev Sharma,
Gaurav balre,
Shamil Mehra,
rochan
pattnayak, vasav
sahgal, Ankit a
Pande
Benchmark
S & P BSE 500
TRI
S & P BSE 500
TRI
12. ELSS- TAX SAVER
Name of
the scheme
Mirae Asset Tax
Saver Fund
Axis long Term
Equity Fund
AUM (in cr) 7,940 29,575
Expense Ratio 0.48 0.78
1 year returns 68.23 50.55
2 years Returns 42 30.68
3 Years returns 30.47 23.19
5 Year Returns 23.15 18.48
Standard Dev 21.16 19.91
Beta 0.98 0.88
Sharpe Ratio 0.62 0.5
Treynor's Ratio 0.13 0.11
jension alpha 4.26 1.71
Fund manager Neelesh surana
jinesh gopani
Benchmark
S & P BSE 500
TRI
S & P BSE 500
TRI
13. FLEXI CAP
Name of
the scheme
Parag Parikh Flexi
Cap Fund
PGIM India Flexi
Cap Fund
AUM (in cr) 10,276 1,128
Rolling Returns
Expense Ratio 0.95 0.47
1 year returns 58.18 76.09
2 years Returns 43.38 50.71
3 Years returns 31.97 36.04
5 Year Returns 23.67 24.23
Standard Dev 14.72 20.36
Beta 0.57 0.92
Sharpe Ratio 1.04 0.66
Treynor's Ratio 0.27 0.15
jension alpha 10.35 5.7
Fund manager
rajeev thakkar, Raj
Mehta
Aniruddha naha,
Anandha
Padmanabhan
anjeneyan, ravi
adukia
Benchmark S&P BSE 500 TRI S&P BSE 500 TRI
14. SHORT DURATION
Name of
the scheme
ABSL Short Term
Fund
ICICI Prudential
Short Term Fund
AUM (in cr) 7062 20015
Expense Ratio 0.4 1.15
1 year returns 7.08 6.02
2 years Returns 8.85 8
3 Years returns 9.25 8.53
5 Year Returns 8.72 8.05
Standard Dev 2.25 1.95
Beta 1.13 1.03
Sharpe Ratio 2.21 2.48
Treynor's Ratio 0.04 0.04
jension alpha -0.88 -0.29
Fund manager
kaustubh Gupta,
mohit Sharma
Manish Banthia,
Nikhil Kabra
Benchmark
CCIL t Bill
Liquidity Weight
CCIL t Bill
Liquidity Weight
15. LOW DURATION
Name of
the scheme
HDFC Low
Duration Fund
NIPPON India
Low Duration
Fund
AUM (in cr) 24,543 9,137
Expense Ratio 0.44 1.04
1 year returns 5.73 5.35
2 years Returns 7.05 6.31
3 Years returns 7.55 6.57
5 Year Returns 7.6 6.76
Standard Dev 0.74
Beta 6.53
Sharpe Ratio
Treynor's Ratio 0.01
jension alpha 0.94
Fund manager Anupam Joshi
Amit Tripathi,
Anju Chhajer,
Vivek Sharma
Benchmark
CCIL T Bill
Liquidity Weight
CCIL T Bill
Liquidity Weight
16. ULTRA-SHORT TERM FUND
Name of
the scheme
ICICI Prudential
Ultra Short
ABSL Savings
Fund
AUM (in cr) 9,949 18,100
Expense Ratio 0.97 0.34
1 year returns 4.75 4.84
2 years Returns 5.74 6.05
3 Years returns 6.44 6.77
5 Year Returns 6.85 7.17
Standard Dev 0.83
Beta 0.07 1.19
Sharpe Ratio 4.19 7.72
Treynor's Ratio 0.49
jension alpha 2.98
Fund manager
Manish Banthia,
Ritesh Lunawat
Sunaina da cunha,
Kaustubh Gupta,
Monika Gandhi
Benchmark
CCIL T Bill
Liquidity Weight
CCIL T Bill
Liquidity Weight
17. LIQUID FUND
Name of
the scheme
Quant Liquid Fund IDBI Liquid Fund
AUM (in cr) 325 1,063
Expense Ratio 0.62 0.13
1 year returns 4.72 3.41
2 years Returns 5.16 4.12
3 Years returns 7.72 4.84
5 Year Returns 6.24 5.65
Standard Dev 0.17 0.06
Beta 0.72 0.81
Sharpe Ratio
Treynor's Ratio 0.01
jension alpha 0.7 -0.2
Fund manager Sanjeev Sharma
Raju sharma
Benchmark
CCIL T Bill
Liquidity Weight
CCIL T Bill
Liquidity Weight
18. AGGRESSIVE FUND
Name of
the scheme
Canara Robeco
Hybrid Fund
Mirae Asset
hybrid Fund
AUM (in cr) 5,327 5,150
Expense Ratio 0.77 0.38
1 year returns 38.65 42.93
2 years Returns 27.18 27.54
3 Years returns 21.23 20.95
5 Year Returns 16.64 16.61
Standard Dev 14.15 15.9
Beta 1.02 1.15
Sharpe Ratio 0.63 0.54
Treynor's Ratio 0.09 0.08
jension alpha 0.23 -1.18
Fund manager
Shridatta
Bhandwaldar,
Cheenu Gupta,
Avnish Jain
vrijesh kasera,
Hershad
Borawake,
Mahendra jajoo
Benchmark VR Balanced TRI VR Balanced TRI
19. ARBITRAGE FUND
Name of
the scheme
UTI Arbitrage
Fund
Kotak Equity
Arbitrage Fund
AUM (in cr) 4,294 20,291
Expense Ratio 0.38 0.44
1 year returns 4.4 4.48
2 years Returns 4.75 4.77
3 Years returns 5.26 5.26
5 Year Returns 5.75 5.77
Standard Dev 1.13 1.12
Beta 1.34 1.01
Sharpe Ratio 1.59 1.61
Treynor's Ratio 0.01 0.02
jension alpha -1.34 -0.56
Fund manager
Sharwan Kumar
goyal, Amit
Sharma, kamal
Gada, Rajeev
Gupta
deepak Gupta,
Hiten Shah,
Rukun
Tarachandani
Benchmark
CCIL T bill
Liquidity Weight
CCIL T bill
Liquidity Weight
20. LIMITATION
• Few scheme taken for analysis
• For the project only taken three funds
• Research focuses only on the recent scenario
• different parameters
21. CONCLUSION
• Mutual funds have become one of the most popular ways to invest
• The performance are mutual fund is good
• Debt funds are good option for investing
• Diversified portfolios