Evaluation of Mutual Funds Performance in Bangladesh: Investors and Market Perspective

Evaluation of Mutual Funds Performance in Bangladesh: Investors and Market Perspective

Tanvir Mohammad Hayder Arif

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S M Rakibul Anwar

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University of Chittagong

Evaluation of Mutual Funds Performance in Bangladesh: Investors and Market Perspective

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Abstract

Net assets value is the widely used techniques to know the fund’s overall performance. NAV calculation of mutual funds in Bangladesh is guided by Bangladesh securities exchange commission (BSEC). Sharpe ratio, Treynor ratio and Jensen’s Alpha are the three popular indicators that are used by investor and researcher to know the performance of mutual fund. In this paper an attempt is made to evaluate the performance of 31 growth oriented mutual funds on the basis of weekly NAV and Weekly close price compared to benchmark returns. For this purpose, risk adjusted performance measures suggested by Jenson, Treynor and Sharpe are employed widely known as Treynor ratio, Sharpe ratio, and Jensen’s alpha. This study found that over the research period selected mutual funds shows large negative return than and downward trend in comparison to market return.

References

17 Cites in Article

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Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

How to Cite This Article

Tanvir Mohammad Hayder Arif. 2017. \u201cEvaluation of Mutual Funds Performance in Bangladesh: Investors and Market Perspective\u201d. Global Journal of Management and Business Research - C: Finance GJMBR-C Volume 16 (GJMBR Volume 16 Issue C9).

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GJMBR Volume 16 Issue C9

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Journal Specifications

Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

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Classification

GJMBR-C Classification JEL Code: E59

Submission ReceivedDecember 13, 2015
Peer Review Double Blind
Handling Editor
Accepted January 2, 2016
Published January 15, 2016

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v1.2

Issue date

January 26, 2017

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Article Matrices

Total Score: 102

Country: Bangladesh

Subject: Global Journal of Management and Business Research - C: Finance

Authors: S M Rakibul Anwar, Tanvir Mohammad Hayder Arif (PhD/Dr. count: 0)

View Count (all-time): 308

Total Views (Real + Logic): 3853

Total Downloads (simulated): 1755

Publish Date: 2017 01, Thu

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Total Views: 3853

Total Downloads: 1755

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