A Study on Risk & Return Analysis of HDFC Equity Fund

Author Name : Sagar Patel, Mitul Patel, Nisha Parmar, Dr. Aashka Thakkar

ABSTRACT

In this paper we tried to evaluate the performance of selected top five HDFC equity schemes with growth option. The period of the study spans from 1st Jan 2018 till 31st Dec 2020. To evaluate the performance of the selected mutual fund schemes, yearly returns are compared with Benchmark (Nifty 50) returns. Further, statistical tools like average, standard deviation, beta, coefficient of determination and the risk adjusted performance measures suggested by Sharpe (1966), Treynor (1965) and Jenson (1968) were employed to evaluate the performance for the selected period.

Key Words: Investment, Mutual Fund, Equity Fund