Abstract
Mutual fund industry has witnessed tremendous growth in the recent years and have been successful in offering variety of schemes. These schemes ensure that they offer investment opportunities to all categories of investors: conservative, moderate / balanced as well as aggressive. Small cap funds are the schemes which specifically invest in equity stock of small cap companies which are the ranked from 251st onwards in terms of full market capitalization. The objective of the research paper is to anlayse the risk-adjusted performance of selecte small-cap mutual fund schemes using Standard deviation, Beta, Sharpe ratio, Treynor ratio and Jensen alpha. The results indicate that most selected small-cap funds have outperformed the benchmark both in absolute and risk-adjusted terms, with Quant, Nippon, and Bandhan leading overall performance. Despite higher volatility, the category has consistently delivered strong alpha and competitive returns.
Keywords
Small-Cap Fund, Beta, Sharpe Ratio, Treynor Ratio, Jensen Alpha
Citations
IRE Journals:
Professor Dr. Sanjay Sonawane, Bhairavi Deven Khakhar "Performance Comparison of Selected Small Cap Mutual Fund Schemes" Iconic Research And Engineering Journals Volume 9 Issue 6 2025 Page 1410-1415 https://doi.org/10.64388/IREV9I6-1712892
IEEE:
Professor Dr. Sanjay Sonawane, Bhairavi Deven Khakhar
"Performance Comparison of Selected Small Cap Mutual Fund Schemes" Iconic Research And Engineering Journals, 9(6) https://doi.org/10.64388/IREV9I6-1712892
About IRE Journals
IRE Journals is an open access online journals established with an aim to publish high quality of research work in various diciplines. We have more than 6 years in publications. Over 2500+ papers already published.
Important Links
For Authors
Volume 8:
Issue 1, Issue 2, Issue 3, Issue 4, Issue 5, Issue 6, Issue 7, Issue 8, Issue 9, Issue 10, Issue 11, Issue 12Volume 7:
Issue 1, Issue 2, Issue 3, Issue 4, Issue 5, Issue 6, Issue 7, Issue 8, Issue 9, Issue 10, Issue 11, Issue 12Volume 6:
Issue 1, Issue 2, Issue 3, Issue 4, Issue 5, Issue 6, Issue 7, Issue 8, Issue 9, Issue 10, Issue 11, Issue 12Volume 5:
Issue 1, Issue 2, Issue 3, Issue 4, Issue 5, Issue 6, Issue 7, Issue 8, Issue 9, Issue 10, Issue 11, Issue 12Volume 4:
Issue 1, Issue 2, Issue 3, Issue 4, Issue 5, Issue 6, Issue 7, Issue 8, Issue 9, Issue 10, Issue 11, Issue 12Volume 3:
Issue 1, Issue 2, Issue 3, Issue 4, Issue 5, Issue 6, Issue 7, Issue 8, Issue 9, Issue 10, Issue 11, Issue 12