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Over the last few years, Indian economy and the capital market have witnessed phenomenal changes. One of the important developments has been the growth of mutual funds.Mutual funds,through out the world,are contributing to the growth of economies by channelizing surplus funds from small investors to the corporate sector.This book analyses the growth and pattern of development of mutual funds in India during the period 1964 -2000.It provides a detailed review of literature on performance of mutual funds in India and other developed economies in the world.Select mutual fund schemes have been…mehr

Produktbeschreibung
Over the last few years, Indian economy and the capital market have witnessed phenomenal changes. One of the important developments has been the growth of mutual funds.Mutual funds,through out the world,are contributing to the growth of economies by channelizing surplus funds from small investors to the corporate sector.This book analyses the growth and pattern of development of mutual funds in India during the period 1964 -2000.It provides a detailed review of literature on performance of mutual funds in India and other developed economies in the world.Select mutual fund schemes have been evaluated simultaneously for selectivity and market timing skills of mutual fund managers.Apart from using the popular measures of performance,a two-step generalized varying parameter estimation process,adopted by Chen and Stockum,has been used to evaluate the selected schemes. This book should help understanding the Indian mutual fund industry and should be useful to researchers,academicians and professionals interested in mutual funds and other managed portfolios.
Autorenporträt
MBA,PhD ( Delhi University)has seventeen years of teaching experience. His areas of interest include capital market developments,management of financial institutions,financial services and strategic management.At present, working as an Associate Professor at Department of Management Studies,Guru Ghasidas Central University,Bilaspur,India