( ISSN 2277 - 9809 (online) ISSN 2348 - 9359 (Print) ) New DOI : 10.32804/IRJMSH

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A STUDY ON CO-INTEGRATION ANALYSIS OF SELECT EQUITY MUTUAL FUNDS IN INDIA

    2 Author(s):  LEELAVATHI H.M,PROF. B. SHIVARAJ

Vol -  10, Issue- 10 ,         Page(s) : 65 - 76  (2019 ) DOI : https://doi.org/10.32804/IRJMSH

Abstract

Mutual funds industry is witnessing a remarkable growth in India over a last decade. These mutual funds are operating in an environment where there is little or no scope to outperform the market index. An attempt has been made in this study to evaluate the performance and understand the co-movements of such mutual funds through some selected large–cap equity growth mutual funds and also to find the co-relation co-efficient among the funds. Co-integration analysis is being used to understand the co-integrating relationship in the long-run among the funds under study. A Unit Root Test is applied find the stationarity of the data series.

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Websites:
1. www.icraonline.com
2. www.sebi.org
3. www.amfiindia.com
4. www.help.xlstat.com
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