Performance of Mutual Funds and Mutual Fund Manager in Pakistan
South Asian Journal of Social Studies and Economics · pp. 1–9 · Published 7 Aug 2019
10.9734/sajsse/2019/v4i230122Abstract
Purpose: This study examined the performance of mutual fund and mutual fund manager in Pakistan during the period of Jul, 2006 to Jun, 2016. The objective is to found the funds’ performance through risk and return and ability to forecast the funds return by mutual fund manager. Methodology/Design: The data will be used from the authentic source of SBP publication (State Bank of Pakistan) and MUFAP (Mutual fund association of Pakistan) of 54 mutual funds working in Pakistan. The data will be analyzed by using Statistical tests of Sharpe ratio, Sortino ratio, Treynor measure and Information ratio. Results: Results indicated that fund returns are found positive and significant against risk free securities but funds return against the market return and fund manager ability to forecast fund returns is found negative and insignificant the rate of return of an investment made in mutual funds. Originality/Value: Islamic funds and Sortino and Information ratio based on our knowledge have not been studied by the previous researchers.
Cited by 5
Muhammad Asad Ali, M. Aqil, Syed Hasnain Alam · 2021
Olga Bezgatcheva, Anna Rumyantseva, Elena Tsyplakova · Springer Proceedings in Business and Economics · 2022
Muhammad Danial, Nadia Iftikhar, Syed Quaid Ali Shah · Business Management and Strategy · 2023
Showing 3 of 5 known citations — external sources report more than can currently be individually listed.
Related research
- Mapping India's Mutual Fund Landscape: Insights from SIP Contributions and AUM — shares topic coverage
- Behavioural Biases, Risk Perception and Financial Literacy in Mutual Fund Investment Decisions: A Theoretical Review — shares topic coverage
- Effects of Macroeconomic Variables on the Performance of Mutual Funds: Evidence from Bangladesh Financial Market — shares topic coverage
- The Role of Financial Literacy in Shaping Household Financial Asset Allocation in India (2019–2024) — shares topic coverage
- Analysing Investor Perceptions and Preferences in Mutual Funds: A Case Study of Belagavi City, India — shares topic coverage
Article metrics
Real usage data collected on this platform.
22
Page views
0
PDF downloads
2
Outbound clicks
5
Citations
Views over time
Views by country
Approximate, from request IP at view time — not citizenship or institution. Countries with fewer than 5 views are grouped as "Other".
Traffic sources
Referring site, by host.
Views and downloads exclude known bots/crawlers. Citations combines this platform's own DOI-resolved index with each external source's own reported total — see Cited by above for individually listed citing works. Last refreshed 0 seconds ago.