14 497 9 109 6 65 1 445 668 044 019 528 118 016 145 9 109

14 497 9 109 6 65 1 445 668 044 019 528 118 016 145 9

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0.14 4.97 Oct-16 13.1 9 10.9 6 6.5 1 4.45 6.68 0.44 0.19 5.28 1.18 0.16 1.45 Sep-16 13.1 9 10.9 6 6.2 4 4.72 6.95 0.71 0.50 5.21 1.20 0.19 1.30 Aug-16 13.1 9 10.9 6 6.5 0 4.46 6.69 0.45 0.20 5.50 1.21 0.23 1.31 Jul-16 0.59 0.41 6.5 4 -6.13 -5.95 - 10.14 102.8 4 5.50 1.20 0.26 1.42 Jun-16 1.28 0.41 6.5 9 -6.18 -5.31 - 10.19 103.8 6 5.59 1.19 0.22 2.03 May-16 0.59 0.41 6.4 3 -6.02 -5.84 - 10.03 100.6 2 5.66 1.20 0.17 1.39 Apr-16 - 9.80 - 7.86 6.5 4 -14.40 -16.34 - 18.41 338.9 6 5.73 1.20 0.13 0.93 Mar-16 - 9.80 - 7.86 6.5 7 -14.43 -16.37 - 18.44 340.0 7 5.71 1.20 0.11 0.95 Feb-16 - 9.80 - 7.86 9.0 0 -16.86 -18.80 - 20.87 435.6 0 5.74 1.20 0.08 1.40 Jan-16 - 6.09 - 1.48 6.9 6 -8.44 -13.05 - 12.45 155.0 3 5.28 1.17 0.04 -3.15 Institute Of Management Development And Research Page 45
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Dec-15 - 6.09 - 1.48 7.0 0 -8.48 -13.09 - 12.49 156.0 3 5.18 1.17 0.05 -3.16 Nov-15 - 6.09 - 1.48 7.0 3 -8.51 -13.12 - 12.52 156.7 8 4.98 1.16 0.11 -3.24 Oct-15 0.01 3.08 6.8 4 -3.76 -6.83 -7.77 60.39 4.88 1.16 0.14 -2.47 Sep-15 0.01 3.08 6.7 9 -3.71 -6.78 -7.72 59.61 4.92 1.16 0.16 -2.47 Aug-15 0.01 3.08 7.0 4 -3.96 -7.03 -7.97 63.54 5.02 1.21 0.14 -2.25 Jul-15 7.35 12.0 1 7.5 4 4.47 -0.19 0.46 0.21 5.25 1.22 0.18 -5.65 Jun-15 8.00 12.0 1 7.5 7 4.44 0.43 0.43 0.18 5.09 1.18 0.22 -4.81 May-15 7.35 12.0 1 7.7 0 4.31 -0.35 0.30 0.09 5.10 1.18 0.19 -5.43 Apr-15 35.1 1 31.9 3 7.7 7 24.16 27.34 20.15 405.9 8 5.16 1.22 0.23 -2.07 Mar-15 35.1 1 31.9 3 7.9 0 24.03 27.21 20.02 400.7 6 5.34 1.16 0.17 -0.74 Feb-15 35.1 1 31.9 3 7.9 0 24.03 27.21 20.02 400.7 6 5.32 1.17 0.18 -0.98 Jan-15 46.5 2 35.4 7 8.0 4 27.43 38.48 23.42 548.4 5 5.27 1.18 0.19 6.10 Dec-14 46.5 2 35.4 7 7.8 9 27.58 38.63 23.57 555.5 0 5.27 1.18 0.23 6.22 Nov-14 46.5 2 35.4 7 8.2 2 27.25 38.30 23.24 540.0 5 5.62 1.16 0.26 6.72 Mean 12.4 8 11.0 6 7.0 5 4.01 5.43 0.00 181.4 4 5.27 1.18 0.17 0.70 4.1. D) HDFC Equity Fund Duratio n Rp Rm Rf X=Rm -Rf Y=Rp -Rf X-X' (X- X')^2 std deviatio n beta sharp e ratio alph a Apr-17 28.11 22.74 6.25 16.49 21.86 11.84 140.13 4.87 1.15 0.14 2.86 Mar-17 31.22 24.68 6.18 18.50 25.04 13.85 191.76 5.36 1.19 0.19 3.08 Feb-17 30.49 23.91 7.37 16.54 23.12 11.89 141.32 5.35 1.19 0.17 3.52 Jan-17 7.26 3.84 6.05 -2.21 1.21 -6.86 47.09 5.51 1.19 0.21 3.84 Institute Of Management Development And Research Page 46
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Dec-16 8.52 3.95 6.25 -2.30 2.27 -6.95 48.33 5.25 1.17 0.20 4.97 Nov-16 8.52 3.95 6.25 -2.30 2.27 -6.95 48.33 5.30 1.18 0.14 4.97 Oct-16 12.09 11.27 6.51 4.76 5.58 0.11 0.01 5.57 1.21 0.19 -0.16 Sep-16 14.07 6.54 6.24 0.30 7.83 -4.35 18.94 5.46 1.22 0.23 7.46 Aug-16 12.09 11.27 6.50 4.77 5.59 0.12 0.01 5.73 1.23 0.26 -0.25 Jul-16 -0.90 1.21 6.54 -5.33 -7.44 -9.98 99.65 5.75 1.23 0.29 -0.91 Jun-16 -0.90 1.21 6.59 -5.38 -7.49 - 10.03 100.65 5.85 1.21 0.25 -0.96 May-16 -0.90 1.21 6.43 -5.22 -7.33 -9.87 97.46 5.96 1.23 0.19 -0.91 Apr-16 - 11.29 -7.54 6.54 -14.08 -17.83 - 18.73 350.90 6.05 1.23 0.15 -0.50 Mar-16 - 11.29 -7.54 6.57 -14.11 -17.86 - 18.76 352.03 6.03 1.23 0.13 -0.49 Feb-16 - 11.29 -7.54 9.00 -16.54 -20.29 - 21.19 449.11 6.04 1.22 0.10 -0.06 Jan-16 -5.09 -0.72 6.96 -7.68 -12.05 - 12.33 152.09 5.55 1.19 0.06 -2.90 Dec-15 -5.09 -0.72 7.00 -7.72 -12.09 - 12.37 153.07 5.41 1.18 0.08 -2.97 Nov-15 -5.09 -0.72 7.03 -7.75 -12.12 - 12.40 153.82 5.15 1.16 0.14 -3.11 Oct-15 0.38 3.59 6.84 -3.25 -6.46 -7.90 62.45 5.05 1.16 0.17 -2.69 Sep-15 0.38 3.59 6.79 -3.20 -6.41 -7.85 61.66 5.08 1.16 0.19 -2.71 Aug-15 0.38 3.59 7.04 -3.45 -6.66 -8.10 65.65 5.17 1.16 0.17 -2.67 Jul-15 9.60 11.71 7.54 4.17 2.06 -0.48 0.23 5.43 1.17 0.22 -2.80 Jun-15 10.44 11.71 7.57 4.14 2.87 -0.51 0.26 5.29 1.18 0.24 -2.01 May-15 9.60 11.70 7.70 4.00 1.90 -0.65 0.43 5.31 1.18 0.22 -2.82 Apr-15 41.49 33.56 7.77 25.79 33.72 21.14 446.80 5.35 1.17 0.25 3.57 Mar-15 41.49 33.56 7.90 25.66 33.59 21.01 441.32 5.54 1.16 0.20 3.77 Feb-15 41.49 33.56 7.90 25.66 33.59 21.01 441.32 5.52 1.17 0.20 3.48 Jan-15 53.77 37.82 8.04 29.78 45.73 25.13 631.40 5.50 1.19 0.21 10.2 9 Dec-14 53.77 37.82 7.89 29.93 45.88 25.28 638.96 5.50 1.19 0.25 10.3 4 Nov-14 53.77 37.82 8.22 29.60 45.55 24.95 622.39 5.84 1.17 0.28 11.0 7 Mean 13.90 11.70 7.05 4.65 6.85 0.00 198.59 5.49 1.19 0.19 1.33 4.1 Graph of Mean of returns of the selected funds Institute Of Management Development And Research Page 47
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HDF C TAXSAVER FUND HDF C MIDCAP OPPOR TUN ITIES FUND HDF C T OP200 FU ND HDF C E QUITY FU ND 0.00 5.00 10.00 15.00 20.00 25.00 30.00 14.27 26.12 12.48 13.90 11.85 20.69 11.06 11.70 7.05 7.05 7.05 7.05 Rp Rm Rf 4.2 STUDY OF PERFORMANCE OF SELECTED HDFC MUTUAL FUNDS Institute Of Management Development And Research Page 48
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4.2.1) COMPARISON OF HDFC FUND WITH ITS BENCHMARKS 1. HDFC Tax Saver Fund Investment objective: The investment objective of the scheme is to achieve long term growth of capital. VOLATALITY MEASURES STANDARD DEVIATION* 5.25 SHARPE RATIO* 0.20 BETA* 1.12 R-SQUARED* 0.978 ALPHA* 1.83 R-squared is calculated using RSQ function in excel while rest are mean of 30 observations. Alpha = Rp-Rf-Beta*(Rm-Rf) NAV of growth plan as on June 21 st 2017 was 494.859 Performance of HDFC TaxSaver Fund VS Nifty 500 Index as on 31 th May 2017 Period 1 year 3 year 5 year Since inception HDFC TaxSaver Fund 32.42 14.40 18.94 25.54 Nifty 500 Index 22.74 12.88 16.36 12.42 1 year 3 year 5 year Since inception 0 5 10 15 20 25 30 35 HDFC TaxSaver Fund Nifty 500 Index Institute Of Management Development And Research Page 49
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Interpretation
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  • Fall '17
  • Mahvish ali

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