An Insight into the Computation of Performance Metrics and Ranking of Mutual Funds with Respect to An Indian Small Cap Equity Scheme

Sayan Banerjee

Abstract

For the last two decades the topic performance evaluation of mutual funds has taken much of time of researchers. Based on commonly used metrics the performance evaluation has been done. Several researchers have tried to analyse the performance of mutual fund schemes by using above commonly used parameters. But in most of these studies analyses have been using already computed secondary data. Computation procedures have been ignored. The present study is aimed at fulflling this gap. In this paper efforts are there to give an insight to the computation procedure of rating methodology that are being applied widely.