文章基本信息

标题："CONVENTIONAL MUTUAL FUNDS AND THEIR PERFORMANCE IN PAKISTAN"
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作者：Nasir Razzaq ; Sajid Gul ; Muhammad Sajid 等
期刊名称：Asian Journal of Business and Management Sciences
电子版ISSN：2047-2528
出版年度：2012
卷号：1
期号：12
页码：54-69
出版社：Society for Business Research Promotion
摘要：This paper investigate 15 conventional mutual funds that managed by different funds managers of Pakistan. The study examined that returns of funds are according to their level of risk. We have also investigated the performance and ability of funds managers by the help of different models, such as sharp ratio, Trenyor ratio, Jensenâ€™s Alpha and information ratio. First returns are calculated than ratios are estimated, where the results represent that conventional funds have significant growth in previous years that indicate that in Pakistan conventional funds are growing and investor are attracted by these funds. The investigation also determined the consistent performance. To calculate the ratios for the purpose to check the performance of conventional mutual funds we have first calculate the average monthly returns, net asset value and market index value. The findings that are achieved from the function of models on data are used to estimate the performance of speedily growing Pakistani conventional Mutual Funds industry. In mutual fund industry, future information and forecasting is very important and only funds managers can achieved this forecasting through their ability. Only those Mutual funds also considered well, that are most diversified. In this research the conclusion is that the diversification ability of conventional mutual funds portfolio is attractive. Full Text