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STUDY ON PERFORMANCE OF FUNDS

mutual funds

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mutual funds

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STUDY ON PERFORMANCE OF FUNDSA mutual fund is a trust that pools the savings of a number of investors with common fnancial goals. INTRO!"TION#The collected mone$ is invested in various instruments li%e debentures& shares& etc. The income generated from these instruments and the capital appreciation is shared b$ the investors in proportion to the number of units owned b$ themMUTUAL FUND OPERATION FLOW CHARTT'()* O+ ,!T!A- +!N.$ *tructureOpen )nded *chemes"lose )nded *chemesInterval *chemes.$ Investment Ob/ectives0rowth *chemesIncome *chemes.alance *chemes,one$ ,ar%et *chemesOther *chemesTa1 *aving *chemes*pecial *chemesInde1 *chemes*ector *pecifc *chemes"O,(AN' (RO+I-) ING Group is a global financial institution of Dutch origin with 120,000 employees.ING offers banking, insurance an asset management to more than !0 million clients in o"er #0 countries.ING In"estment $anagement pro"ie a comprehensi"e range of in"estment solutions an ser"ices to clients an partners. ING In"estment $anagement has nearly %&00 billion assets uner management. ING's wholesale prouct offering focuses strongly on its strengths in employee benefits(pensions, financial markets, corporate banking an asset management.ING-INDIAIn Inia, ING is present in all three fiels of banking, insurance an asset management in the form of ING )ysya *ank, ING +ife Insurance an ING In"estment $anagement respecti"ely. ING In"estment $anagement Inia operates uner two i"isions, -ingle $anager i"ision calle ING In"estment $anagement i"ision. .ner the -ingle manager business ING offers a range of e/uity, ebt an alternati"e asset class funs., $ulti $anager i"ision calle 0pti$i1. 0pti$i1 is Inia2s first $ulti $anager In"estment solution, featuring open architecture, 3ero bran bias an acti"e management. Performance Measure:4or 5"aluating the performance of a portfolio it is necessary to consier both risk an return.6erformance can be measure by 7reynor$easure, -harpe $easure an 8ensen $easure.9isk can measure in -tanar e"iation an *eta.-harpe 9atio: Is an inication of the amount of e1cess return per unit of risk. ;igher the ratio the better it is.Tre$nor Ratio#loo%s at e1cess return for each unit of s$stemic ris%. A Tre$nor Ratio greater than 2 shows that the fund has produced more units of return than of ris%. 3igher the ratio the better it is.FUNDSING CORE EQUITY FUND:Structure : 0pen ene schemeNature : 5/uityInception Date: $ay !th, 1