A COMPARATIVE ANALYSIS BETWEEN LARGE- CAP AND MID -CAP MUTUAL FUND RETURNS

Prof. Parameshwar H.S.; Manish Soni; Pranjul Bajpayee; Utkarsh Pandey; Jayant Singh Bhadoria

Volume : VII, Issue : V, May - 2018

A COMPARATIVE ANALYSIS BETWEEN LARGE- CAP AND MID -CAP MUTUAL FUND RETURNS

Prof. Parameshwar H. S. , Manish Soni, Pranjul Bajpayee, Utkarsh Pandey, Jayant Singh Bhadoria

Abstract :

Mutual Fund Investment is one of the emerging investment instrument in financial market. Investors are highly concerned about fair return from different mutual fund schemes. Present study compares absolute returns of large–cap and mid–cap funds of diversified equity Funds for different time periods. We have collected 59 large cap funds and 40 mid cap funds of different financial institutions for different time period such as 1Day, 1Week, 2Week, 1 Month, 3Month, and 6Month. We applied F–Test and T–test to test the significance difference between two sample funds returns. The result reveals that the returns from the Mid–Cap funds are greater than the return from the Large–Cap funds when the time period is less than a year but as far as long term returns are concerned the Large–Cap funds are taken into consideration for investment purposes