Risk And Return Analysis Of Large Cap Fund

(with special reference to selected Asset management companies)

Abstract

A mutual fund is a sort of collective investment vehicle that collects money from a large number of individuals and invests it in order to achieve a certain goal, with returns given to participants on a pro-rata basis in proportion to their investment. Investing in mutual funds does not eliminate risk; nevertheless, based on the total number of assets managed by the AMCs, the investor must bear the entire expense ratio, which affects the investment's returns and determines whether the returns are influenced by market returns. Correlation between benchmark and fund returns. This study selects ten asset management companies based on their CRISEL ratings, with HDFC top 100 having a higher standard deviation and higher returns than the other AMCs, and SBI big fund being more volatile. Only a few AMCs demonstrate unidirectional causality between benchmark index and fund results. There is no link between benchmark and fund returns.