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Ten Myths of Performance Evaluation of Mutual Funds: a Snapshot View

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  • G.V. Satya Sekhar

    (GITAM University, India)

Abstract

There are numerous studies conducted to examine the performance of mutual funds of the developed capital markets based on age-old models. This paper is intended to examine the trends in modeling dimensions of measuring performance of mutual funds during last 50 years. This paper is intended to examine some basic myths about performance evaluation of mutual funds. There are several studies on this issue. It is observed that the opinions of scholars are deviating and not correlating with the results. For instance, persistence of performance is not confidently proved by the scholars. There are various reasons which are exhaustive and to mention a few like: market fluctuations, market timing ability, and competition in the industry.

Suggested Citation

  • G.V. Satya Sekhar, 2016. "Ten Myths of Performance Evaluation of Mutual Funds: a Snapshot View," Journal of Applied Management and Investments, Department of Business Administration and Corporate Security, International Humanitarian University, vol. 5(1), pages 59-65, February.
    • Handle: RePEc:ods:journl:v:5:y:2016:i:1:p:59-65
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    References listed on IDEAS

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    Cited by:

    1. Vishwas B. & N. Sivakumar, 2016. "Mutual Fund Portfolio Hedging Using Index Futures: An Empirical Analysis," Journal of Applied Management and Investments, Department of Business Administration and Corporate Security, International Humanitarian University, vol. 5(3), pages 203-210, August.
    2. G. V. Satya Sekhar, 2018. "Financial Innovation: Theories, Models and Regulation," Vernon Press Titles in Economics, Vernon Art and Science Inc, edition 1, number 373.

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