global-journal-of-management-and-business-research-c-finance Global Journal of Management and Business Research - C: Finance 0975-5853 2249-4588 Global Journals Publishing Group Incorporated 57323 Performance Evaluation of Equity Linked Saving Schemes: An Evidence from India ChistiDr. Khalid Ashraf RahmanMr. Amir INDIA, University of Kashmir 15 01 2018 18 C6 45 51

This paper tries to evaluate the performance of top 10 tax saving mutual fund schemes operating in India for a period of 10 years which ranges from 1-04-07 to 31-03-17. Performance has been evaluated on the basis of annual returns and compared to benchmark index of NIFTY- 50, various tools like average return, beta, Sharpe ratio, Treynors ratio and Jensen alpha have been used for the study.

 mutual funds ELSS sharpe ratio treynors ratio jensen alpha india Full Text

This paper tries to evaluate the performance of top 10 tax saving mutual fund schemes operating in India for a period of 10 years which ranges from 1-04-07 to 31-03-17. Performance has been evaluated on the basis of annual returns and compared to benchmark index of NIFTY- 50, various tools like average return, beta, Sharpe ratio, Treynors ratio and Jensen alpha have been used for the study.