Asian Journal of Multidimensional Research (AJMR)
  • Year: 2019
  • Volume: 8
  • Issue: 2

Sector-wise analysis of selected mutual funds of india: With special reference to large & MID cap funds

1Research Scholar, Department of Business Administration, Manipal University, Jaipur, India Email id: ajaycfahp@gmail.com

2Associate Professor, Department of Business Administration, Manipal University, Jaipur, India Email id: ity.patni@jaipur.manipal.edu

Online published on 4 March, 2019.

Abstract

Mutual fund manager of equity funds invests the money in different stocks of varied sectors for providing diversification. Fund managers give more importance to some sectors and less importance to other sectors. Sectors towards which fund managers are more focused are considered as most dominating sectors of the equity fund portfolio, on the other hand sectors which are less focused by fund managers are considered as least dominating sectors. This study examines the most & the least dominating sectors of selected AMC's of large cap & mid cap equity funds for the period spanning from 1st April' 2017 to 31st March 2018. The results of this study conclude the most & least dominating sectors considered by the equity fund manager, which helps the investors to understand that in which sectors and of which stocks his savings are going to be invested by the fund manager. This study also analysis the cap wise allocation made by the fund manager for the selected mutual funds.

Keywords

Fund Manager, Large Cap Fund, Mid Cap Fund