Performance evaluation of select index funds in India

dc.contributor.author	Dhabolkar, P.
dc.contributor.author	Naik, D.A.
dc.contributor.author	Reddy, Y.V.
dc.date.accessioned	2017-06-02T07:38:28Z
dc.date.available	2017-06-02T07:38:28Z
dc.date.issued	2017
dc.identifier.citation	Management Today. 7(1); 2017; 22-27.	en_US
dc.identifier.uri	http://www.mgmt2day.griet.ac.in/papers/MT_4_7.1.4.pdf
dc.identifier.uri	http://irgu.unigoa.ac.in/drs/handle/unigoa/4750
dc.description.abstract	An index fund is an investment vehicle which aims to mimic performance of the select market index by constructing a portfolio which replicates the market index portfolio. This paper examines the performance of select index mutual funds in India based on tracking error and Jensen's alpha, and rank these funds based on their performance. The study reveals that Franklin India index fund has a lower tracking error followed by Birla Sun Life index fund. Rankings using Sharpe and Treynor's ratio reveal that Franklin India index fund and SBI Nifty index fund respectively are the best performing funds from the selected index funds.	en_US
dc.publisher	GRIET Publications	en_US
dc.subject	Commerce	en_US
dc.title	Performance evaluation of select index funds in India	en_US
dc.type	Journal article	en_US
dc.identifier.impf	ugc