Performance Evaluation of Selected Mutual Fund Schemes: A Study On Motilal Oswal Mutual Fund, Davangere

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@article{1720102,
      author = {Dr. Sujith Kumar S. H., Punith Gowda G R},
      title = {Performance Evaluation of Selected Mutual Fund Schemes: A Study On Motilal Oswal Mutual Fund, Davangere},
      journal = {Iconic Research And Engineering Journals},
      year = {2026},
      volume = {10},
      number = {1},
      pages = {3232-3238},
      issn = {2456-8880},
      url = {https://www.irejournals.com/formatedpaper/1720102.pdf},
      abstract = {Mutual funds have emerged as one of the most widely used routes for channelling household savings into the capital market, allowing investors of modest means to access professional fund management, diversification and market exposure that would otherwise be difficult to achieve individually. This paper reports on a performance assessment of five schemes offered by Motilal Oswal Mutual Fund (MOMF), namely the Flexi Cap Fund, the Nifty Next 50 Index Fund, the Nifty Midcap 150 Index Fund, the Nifty Small Cap 250 Index Fund, and the Large and Mid-Cap Fund. Monthly net asset value data for the three-year period from April 2022 to March 2025 were compared against the corresponding benchmark indices, and risk and return were examined through standard deviation, beta, alpha, and the Sharpe, Treynor and Jensen performance ratios. The results show that the Large and Mid-Cap Fund produced the highest return and the strongest alpha, though at the cost of greater volatility, while the Flexi Cap Fund offered a more balanced combination of moderate risk and steady return. The index-linked schemes tracked their benchmarks closely and added comparatively little value beyond what the market itself delivered. The paper concludes that fund selection should be guided by an investor's individual risk appetite and investment horizon rather than by return figures in isolation.},
      keywords = {Mutual Funds, Performance Evaluation, Risk-Return Analysis, Sharpe Ratio, Treynor Ratio, Jensen Alpha, Motilal Oswal Mutual Fund, Net Asset Value.},
      month = {July},
      doi = {https://doi.org/10.64388/IREV10I1-1720102}
  }