Artha: Journal of Business and Finance

Performance evaluation of selected Large Cap Mutual funds: with specialreference to risk and return analysis

Meghna Jain

Gyan Ganga Institute of Technology & Sciences, Jabalpur

Narmata Pandey

Gyan Ganga Institute of Technology & Sciences, Jabalpur

Keywords: Performance, mutual funds, evaluation, return, risk

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Abstract

The Asset Management Companies (AMCs) provide mutual funds in different categories like equity, debt, balanced, sector based and other types of funds. The mutual funds generates re- turns based on the securities in which investment is being made. Large cap mutual funds are the ones in which investment is made in companies having large market capitalization. The study aimed to ascertain performance of selected Large Cap mutual funds. Five Large Cap mutual funds have been selected based on highest Asset Under Management. Their historic re- turn has been compared among large cap mutual funds. Five Large cap mutual funds have been selected as a part of this study. Further Annual return has been compared among the se- lected large cap mutual funds for a period between 2020 to 2025. Risk of the selected funds was also compared which in- cluded standard deviation, beta, Sharpe ratio, Jensen’s Alpha and Treynor’s ratio. The result revealed that Nippon India Large Cap Fund outperformed as compared to the other se- lected mutual funds based on risk and return.

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Author Biographies

Meghna Jain, Gyan Ganga Institute of Technology & Sciences, Jabalpur

Meghna Jain, Gyan Ganga Institute of Technology & Sciences, Jabalpur

Meghna Jain holds a PhD in Management from Rani Durgavati Vishwavidyalaya, Jabalpur, and is currently serving as an Assistant Professor at Gyan Ganga Institute of Technology and Sciences, Jabalpur. With over 17 years of professional experience spanning banking and management education, her areas of expertise include Finance and General Management. She is JAIIB and CAIIB certified by the Indian Institute of Banking and Finance (IIBF), has served as a SEBI Financial Education Trainer, and is a reviewer for management journals. Her research interests include finance, financial literacy, banking, and management studies.

Narmata Pandey, Gyan Ganga Institute of Technology & Sciences, Jabalpur

Namrata Pandey is an academician and Ph.D. Research Scholar in Man- agement, currently associated with Gyan Ganga Institute of Technology and Sciences. Her research and teach- ing interests include Human Re- source Management, Marketing Management, Organ- izational Behaviour, Strategic HRM, Talent Manage- ment, and Digital Marketing. Her research focuses on AI-driven management, digital transformation, em- ployee engagement, sustainable organizational devel- opment, and emerging business trends. She is commit- ted to advancing quality education, research excel- lence, and innovative management practices

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