A Comprehensive Evaluation of Select Large Cap and ELSS Funds Using Formula Based Risk Adjusted Performance Measures

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ISBN 13 :
Total Pages : pages
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Book Synopsis A Comprehensive Evaluation of Select Large Cap and ELSS Funds Using Formula Based Risk Adjusted Performance Measures by : Rakesh Shahani

Download or read book A Comprehensive Evaluation of Select Large Cap and ELSS Funds Using Formula Based Risk Adjusted Performance Measures written by Rakesh Shahani and published by . This book was released on 2017 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The present study makes an attempt to compare large cap schemes and the Equity Linked Savings Scheme (ELSS) of four mutual funds to determine whether investment in large cap schemes is justified from a long-term perspective or ELSS could provide an ideal substitute for these schemes especially for a tax-savvy investor. The study compared the two categories of schemes on different formula based risk adjustment performance yardsticks which included popular traditional risk adjusted measures like Sharp, Treynor and Jensen ratios and alternative risk measures (downward risk/volatility measures). The funds selected were also compared against two benchmarks; one was the popular S&P CNX Nifty and second was the S&P 500, the broader index. The data has been collected as daily returns for these funds for the five-year period April 1, 2009 to March 31, 2014. The results of the study showed that performance of large cap funds has fallen short of the performance of ELSS funds when comparison was made on the above-mentioned yardsticks. The conclusion drawn is that the ELSS funds are not merely tools of saving tax under Section 80C of the Income Tax Act but also provide fairly decent returns over the long term period, which according to our results are even higher than the otherwise popular large cap funds.

Different Risk Adjusted Performance Measures for Equity Mutual Funds

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ISBN 13 :
Total Pages : 29 pages
Book Rating : 4.:/5 (13 download)

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Book Synopsis Different Risk Adjusted Performance Measures for Equity Mutual Funds by : Anurag Pahuja

Download or read book Different Risk Adjusted Performance Measures for Equity Mutual Funds written by Anurag Pahuja and published by . This book was released on 2016 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt: Traditional measures of performance evaluation are in vogue since long, however, Value at Risk (VaR) approaches are making their place in portfolio management industry from the last ten years. Value at Risk (VaR) approach focuses on the downside volatility of portfolio, thus making the investor clear about the maximum possible loss on his portfolio. In today's highly volatile environment, an investor is concerned more about the downside risk rather upward swing in the portfolio. He would hesitate to invest in a portfolio having more downward risk. Present paper makes an attempt to compare both the traditional and VaR performance measures and explore whether differences exist in ranking of funds using both the approaches. Results indicated that Sharpe ratio and Normal VaR results are same when used independently, while there is difference in results using Treynor and Jensen's Alpha.

NUREG/CR.

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Publisher :
ISBN 13 :
Total Pages : 48 pages
Book Rating : 4.:/5 (319 download)

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Book Synopsis NUREG/CR. by : U.S. Nuclear Regulatory Commission

Download or read book NUREG/CR. written by U.S. Nuclear Regulatory Commission and published by . This book was released on 1977 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Rapid Appraisal Methods

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Publisher : World Bank Publications
ISBN 13 :
Total Pages : 244 pages
Book Rating : 4.:/5 (5 download)

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Book Synopsis Rapid Appraisal Methods by : World Bank

Download or read book Rapid Appraisal Methods written by World Bank and published by World Bank Publications. This book was released on 1993 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Rapid appraisal is a less structured data collection method aimed at supplying needed information in a timely and cost-effective manner. This volume outlines five rapid data collection methods - key informant interviews, focus group discussions, group ... See More + interviews, structured observation, and informal surveys. Each of these methods has been used by exponents of rapid appraisal. Case studies are used to illustrate the use of these methods in development settings especially in evaluation of development projects and programs. The authors show that rapid appraisals can be a complement to standard social research methods which are not often used to meet the pressing information needs of decision-makers in development."--World Bank.

Portfolio Performance Measurement and Benchmarking, Chapter 12 - Conditional Performance Evaluation

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Publisher : McGraw Hill Professional
ISBN 13 : 0071733183
Total Pages : 14 pages
Book Rating : 4.0/5 (717 download)

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Book Synopsis Portfolio Performance Measurement and Benchmarking, Chapter 12 - Conditional Performance Evaluation by : Jon A. Christopherson

Download or read book Portfolio Performance Measurement and Benchmarking, Chapter 12 - Conditional Performance Evaluation written by Jon A. Christopherson and published by McGraw Hill Professional. This book was released on 2009-05-15 with total page 14 pages. Available in PDF, EPUB and Kindle. Book excerpt: Here is a chapter from Portfolio Performance Measurement and Benchmarking, which will help you create a system you can use to accurately measure your performance. The authors highlight common mechanical problems involved in building benchmarks and clearly illustrate the resulting fallouts. The failure to choose the right investing performance benchmarks often leads to bad decisions or inaction and, inevitably, lost profits. In this book you will discover a foundation for benchmark construction and discuss methods for all different asset classes and investment styles.

Indian Capital Market

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ISBN 13 : 9788126114863
Total Pages : 426 pages
Book Rating : 4.1/5 (148 download)

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Book Synopsis Indian Capital Market by : Shirin Rathore

Download or read book Indian Capital Market written by Shirin Rathore and published by . This book was released on 2003-01-01 with total page 426 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Indian Capital Market Has Witnessed Major Transformation And Structural Change During The Past One Decade As A Result Of On Going Economic Reforms Initiated By The Government Of India Since 1991. These Reforms Have Been Aimed At Improving Market Efficiency, Enhancing Transparency, Checking Unfair Trade Practices And Bringing The Indian Capital Market Up To International Standards. The Reforms Have Brought About Changes In Institutional Character Of The Market; Regulatory Environment In Which It Functions; Investors Profile And Technology Of The Market.This Volume Has Brought Together Empirical Researches Carried Out On Various Aspects Of The Indian Capital Market During The Past Decade. It Includes, Inter- Alia Research Studies Relating To " Ipos" Corporate Governance" E-Marketplaces For Financial Products" Market Efficiency And Anomalies " Market Micro Structure" Mutual Funds Performance" Financial DerivativesThe Papers Have Been Contributed By Well-Known Persons From Both Academia And Industry. The Book Will Be Useful Of Research Scholars, Students Pursuing Professional Courses Such As M.B.A., M.F.C., M.B.E., M.I.B. And Other Related Programmes, Practitioners And Policy Makers.

Assessing the Value of E-learning Systems

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Publisher : IGI Global
ISBN 13 : 1591407281
Total Pages : 284 pages
Book Rating : 4.5/5 (914 download)

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Book Synopsis Assessing the Value of E-learning Systems by : Yair Levy

Download or read book Assessing the Value of E-learning Systems written by Yair Levy and published by IGI Global. This book was released on 2006-01-01 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The book provides A guidelines approach on how to implement the proposed theory and tools in e-learning programs"--Provided by publisher.

Macroeconomic Reforms, Growth, and Stability

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Publisher : Oxford University Press, USA
ISBN 13 :
Total Pages : 296 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Macroeconomic Reforms, Growth, and Stability by : Bhattacharya,

Download or read book Macroeconomic Reforms, Growth, and Stability written by Bhattacharya, and published by Oxford University Press, USA. This book was released on 2007 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: Analysis of the Indian economy, with special focus on the post-1990 period.

Pooling Money

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Publisher : Brookings Institution Press
ISBN 13 : 0815701667
Total Pages : 151 pages
Book Rating : 4.8/5 (157 download)

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Book Synopsis Pooling Money by : Yasuyuki Fuchita

Download or read book Pooling Money written by Yasuyuki Fuchita and published by Brookings Institution Press. This book was released on 2010-01-01 with total page 151 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Brookings Institution Press and Nomura Institute of Capital Markets Research publication One of the first rules of investing is diversification: spreading resources over many types of investments in order to minimize financial risk. Mutual funds have been the diversification vehicle of choice for the last several decades. In recent years, however, other opportunities for diversification—such as separately managed accounts and exchange-traded funds—have enjoyed rapid growth. What lies ahead for the mutual fund industry in light of this increasingly competitive environment? In this volume, experts from the United States and Japan look at forces of change in their securities markets and offer their views of the future for mutual funds and other forms of securities diversification. Contributors include Harold Bradley (Kauffman Foundation), Koichi Iwai (Nomura Institute of Capital Markets Research),Ajay Khorana (Georgia Institute of Technology),Allan Mostoff (Mutual Fund Directors Forum), Brian Reid (Investment Company Institute), Henri Servaes (London Business School), Paula Tkac (Federal Reserve Bank of Atlanta), and Peter Wallison (American Enterprise Institute).

Funds of Knowledge

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Publisher : Routledge
ISBN 13 : 1135614059
Total Pages : 332 pages
Book Rating : 4.1/5 (356 download)

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Book Synopsis Funds of Knowledge by : Norma Gonzalez

Download or read book Funds of Knowledge written by Norma Gonzalez and published by Routledge. This book was released on 2006-04-21 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: The concept of "funds of knowledge" is based on a simple premise: people are competent and have knowledge, and their life experiences have given them that knowledge. The claim in this book is that first-hand research experiences with families allow one to document this competence and knowledge, and that such engagement provides many possibilities for positive pedagogical actions. Drawing from both Vygotskian and neo-sociocultural perspectives in designing a methodology that views the everyday practices of language and action as constructing knowledge, the funds of knowledge approach facilitates a systematic and powerful way to represent communities in terms of the resources they possess and how to harness them for classroom teaching. This book accomplishes three objectives: It gives readers the basic methodology and techniques followed in the contributors' funds of knowledge research; it extends the boundaries of what these researchers have done; and it explores the applications to classroom practice that can result from teachers knowing the communities in which they work. In a time when national educational discourses focus on system reform and wholesale replicability across school sites, this book offers a counter-perspective stating that instruction must be linked to students' lives, and that details of effective pedagogy should be linked to local histories and community contexts. This approach should not be confused with parent participation programs, although that is often a fortuitous consequence of the work described. It is also not an attempt to teach parents "how to do school" although that could certainly be an outcome if the parents so desired. Instead, the funds of knowledge approach attempts to accomplish something that may be even more challenging: to alter the perceptions of working-class or poor communities by viewing their households primarily in terms of their strengths and resources, their defining pedagogical characteristics. Funds of Knowledge: Theorizing Practices in Households, Communities, and Classrooms is a critically important volume for all teachers and teachers-to-be, and for researchers and graduate students of language, culture, and education.

FDIC Banking Review

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ISBN 13 :
Total Pages : 468 pages
Book Rating : 4.:/5 (31 download)

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Book Synopsis FDIC Banking Review by :

Download or read book FDIC Banking Review written by and published by . This book was released on 1988 with total page 468 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Mutual Funds and Other Institutional Investors

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Publisher : McGraw-Hill Companies
ISBN 13 :
Total Pages : 228 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Mutual Funds and Other Institutional Investors by : Irwin Friend

Download or read book Mutual Funds and Other Institutional Investors written by Irwin Friend and published by McGraw-Hill Companies. This book was released on 1970 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: "A Twentieth Century Fund study." Includes bibliographical references.

International Tax Handbook

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Publisher : Bloomsbury Publishing
ISBN 13 : 1780436777
Total Pages : 829 pages
Book Rating : 4.7/5 (84 download)

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Book Synopsis International Tax Handbook by :

Download or read book International Tax Handbook written by and published by Bloomsbury Publishing. This book was released on 2015-01-01 with total page 829 pages. Available in PDF, EPUB and Kindle. Book excerpt: This truly indispensable book from Nexia International condenses the KEY rates, reliefs and tax facts from 80 regimes into one essential guide.It's an accessible and user-friendly first point of reference for accountants, tax advisers, policy-makers, investors looking at opportunities overseas and anyone considering living or working abroad.Each chapter covers a single jurisdiction and includes information on: - Legal Forms - Corporate Tax - Personal Tax - Withholding Taxes - Indirect TaxesEach country-specific chapter is organised and presented in the same format and style. The chapters are organised alphabetically by country which ensures readers can quickly find the information they need on a specific country. Written by Nexia members based in the relevant tax regime, The International Tax Handbook provides a concise overview of taxation in these regimes: Argentina, Australia, Austria, Bahrain, Belgium, Bolivia, Brazil, British Virgin Islands, Bulgaria, Cameroon, Canada, Channel Islands - Guernsey, Channel Islands - Jersey, Chile, China, Colombia, Costa Rica, Cyprus, Czech Republic, Denmark, Dominican Republic, Egypt, Estonia, Finland, France, Germany, Ghana, Gibraltar, Greece, Guatemala, Hong Kong SAR, Hungary, India, Iran, Ireland, Isle of Man, Israel, Italy, Japan, Kenya, Korea, Lebanon, Liechtenstein, Luxembourg, Malaysia, Malta, Mauritius, Mexico, Morocco, Namibia, The Netherlands, New Zealand, Nigeria, Oman (Sultanate of Oman), Pakistan, Panama, Paraguay, Peru, Poland, Portugal, Qatar, Romania, Russia, Saudi Arabia, Singapore, Slovak Republic, South Africa, Spain, Sri Lanka, Sweden, Switzerland, Taiwan, Tanzania, Thailand, Tunisia, Turkey, Ukraine, United Arab Emirates, United Kingdom, United States, Uruguay, Vietnam.Previous edition ISBN: 9781780431277

On the Shoulders of Titans

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Publisher : Createspace Independent Pub
ISBN 13 : 9781492947554
Total Pages : 650 pages
Book Rating : 4.9/5 (475 download)

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Book Synopsis On the Shoulders of Titans by : Barton C. Hacker

Download or read book On the Shoulders of Titans written by Barton C. Hacker and published by Createspace Independent Pub. This book was released on 2013-10-25 with total page 650 pages. Available in PDF, EPUB and Kindle. Book excerpt: A detailed, yet highly readable book, On the Shoulders of Titans should be the starting point for all who are interested in the basic history of the Gemini Program. NASA's second human spaceflight program, Gemini laid the groundwork for the more ambitious Apollo program which put astronauts on the Moon.

Evaluating Hedge Fund and CTA Performance

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Publisher : Wiley
ISBN 13 : 9780471681854
Total Pages : 167 pages
Book Rating : 4.6/5 (818 download)

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Book Synopsis Evaluating Hedge Fund and CTA Performance by : Greg N. Gregoriou

Download or read book Evaluating Hedge Fund and CTA Performance written by Greg N. Gregoriou and published by Wiley. This book was released on 2005-04-27 with total page 167 pages. Available in PDF, EPUB and Kindle. Book excerpt: Introducing Data Envelopment Analysis (DEA) -- a quantitative approach to assess the performance of hedge funds, funds of hedge funds, and commmodity trading advisors. Steep yourself in this approach with this important new book by Greg Gregoriou and Joe Zhu. "This book steps beyond the traditional trade-off between single variables for risk and return in the determination of investment portfolios. For the first time, a comprehensive procedure is presented to compose portfolios using multiple measures of risk and return simultaneously. This approach represents a watershed in portfolio construction techniques and is especially useful for hedge fund and CTA offerings." -- Richard E. Oberuc, CEO, Burlington Hall Asset Management, Inc. Chairman, Foundation for Managed Derivatives Research Order your copy today!

Mutual Fund Operations in India

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Publisher :
ISBN 13 :
Total Pages : 196 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Mutual Fund Operations in India by : Seema Vaid

Download or read book Mutual Fund Operations in India written by Seema Vaid and published by . This book was released on 1994 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Performance Appraisal of Mutual Funds

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Publisher :
ISBN 13 :
Total Pages : 394 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Performance Appraisal of Mutual Funds by : Mewa Singh Turan

Download or read book Performance Appraisal of Mutual Funds written by Mewa Singh Turan and published by . This book was released on 2001 with total page 394 pages. Available in PDF, EPUB and Kindle. Book excerpt: