Market Timing Ability of Mutual Funds

MARKET TIMING great power OF INDIAN coarse FUNDS relieve oneselfDr. Surinder Kumar Miglani DesignationAsst. Professor Office addressApeejay comprise of Technology, School of Management, institutional area, Knowledge Park - I, Surajpur-Kasna Road, Greater Noida (U.P) Correspondence address: Apeejay Institute of Technology, School of Management, Institutional area, Knowledge Park - I, Surajpur-Kasna Road, Greater Noida (U.P) diligent - 9971080840, 9992090870 E-maildr_surinder2006@yahoo.co.in MARKET TIMING ABILITY OF INDIAN MUTUAL FUNDS ABSTRACT This paper analyzes Indian common monetary depot managers food market measure ability for the period of 1999-2004 using Jensen & Mazuy module and Henriksson & Merton Module. To achieve the death a sample of ninty eight plebeian fund schemes having variant investment objectives, both from public as well as private sector, have been selected. The study finds that Indian mutual fund managers are unable to test the market timing of the mutual fund schemes and relying only on stock up selection accomplishment for landting maximum return. It implies that they are generating pukka performance payable to largely involvement in security selection. Key dustup: Net assets value, Benchmark, Market timing, selectivity, alpha, gamma etc.

MARKET TIMING ABILITY OF INDIAN MUTUAL FUNDS ABSTRACT This paper analyzes Indian mutual fund managers market timing ability for the period of 1999-2004 using Jensen & Mazuy Module and Henriksson & Merton Module. To achieve the goal a sample of ninty eight mutual fund schemes having different investment objectives, both from public as well as private sector, have been selected. The study finds that Indian mutual fund managers are unable to test the market timing of the mutual fund schemes and relying only on stock selection skill for getting maximum return. It implies that they are generating superior performance due to largely involvement in... If you want to get a full essay, order it on our website: Orderessay

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