Research Paper
Research Paper
96
of the fund which play a significant role in Mutual funds issue units (securities) to unit
guiding the investment decision making process holders (investors) in accordance with the
of a retail investor. amount of money invested by them. The
Keywords: Mutual Fund Performance, Invest-
distribution of profit/loss among unit holders
ment, Risk-returns, Factors Affecting, Behavior takes place in proportion to their investments.
The setup of mutual funds is of a “trust”
consisting of
INTRODUCTION
• Trustees: The trustees of a mutual fund
Table 6: Corellations
PP R RI SIP RD L PM V EMF DOI T DE AW
PP 1 .480 .450 .385 .473 .378 .505 .422 .526 .295 .435 .412 .379
R 1 .564 .494 .523 .494 .465 .512 .448 .407 .530 .378 .357
RI 1 .417 .646 .389 .512 .426 .462 .315 .481 .355 .301
SIP 1 .332 .381 .347 .464 .417 .244 .478 .309 .309
RD 1 .514 .544 .407 .519 .340 .540 .414 .379
L 1 .429 .473 .441 .312 .441 .408 .253
PM 1 .421 .647 .204 .495 .302 .330
V 1 .436 .342 .430 .333 .352
EFM 1 .189 .471 .349 .294
DOI 1 .439 .528 .319
T 1 .446 .502
DE 1 .444
AW 1