Performance Persistence and Determinants of Indian Fund of Mutual Fund
Fund of Mutual Funds (FoFs)
(Sprache: Englisch)
Fund of Mutual Funds (FoFs) are only an investment strategy of holding a portfolio of other investment funds rather than investing directly in shares, bonds and other securities. This strategy offers high level of diversification to the investors but highly...
Leider schon ausverkauft
versandkostenfrei
Buch
55.90 €
27 DeutschlandCard Punkte
sammeln
- Lastschrift, Kreditkarte, Paypal, Rechnung
- Kostenlose Rücksendung
- Ratenzahlung möglich
Produktdetails
Produktinformationen zu „Performance Persistence and Determinants of Indian Fund of Mutual Fund “
Klappentext zu „Performance Persistence and Determinants of Indian Fund of Mutual Fund “
Fund of Mutual Funds (FoFs) are only an investment strategy of holding a portfolio of other investment funds rather than investing directly in shares, bonds and other securities. This strategy offers high level of diversification to the investors but highly criticised due to additional layer fees associated in it. However, the growing demand for FoFs motivated the researchers to examine the persistence and determinants of performance of FoFs in Indian context. The performance of selected FoFs is tested with the help of average excess return, Sharpe ratio and Jensen's alpha and found that the sample funds outperformed the market index for the given level of risk. Malkiel's Z-test, Brown and Goetzmann Z- test and Kahn and Rudd Chi Square test are used to examine the performance persistence and found the loser pattern of persistence. The determinants of FoFs performance is examined by employing Panel Data model and concluded that the fund managers are enjoying the benefit of economies of scale where as investors are not.
Bibliographische Angaben
- Autoren: S. Muruganandan , Mrs. Padmasani
- 2014, 140 Seiten, Maße: 22 cm, Kartoniert (TB), Englisch
- Verlag: LAP Lambert Academic Publishing
- ISBN-10: 3848486083
- ISBN-13: 9783848486083
Sprache:
Englisch
Kommentar zu "Performance Persistence and Determinants of Indian Fund of Mutual Fund"
0 Gebrauchte Artikel zu „Performance Persistence and Determinants of Indian Fund of Mutual Fund“
| Zustand | Preis | Porto | Zahlung | Verkäufer | Rating |
|---|
Schreiben Sie einen Kommentar zu "Performance Persistence and Determinants of Indian Fund of Mutual Fund".
Kommentar verfassen