A study of Performance Analysis of select Blue Chip Systematic Investment Plans in India

Abstract

Mutual fund institutions play vital role in the economic development of a country. A well-established Mutual fund market is the key factor for economic growth in many developed counties. India opens the market for different investment to provide variety of financial products. Systematic investment planning was introduced in the Indian financial system with a view to provide comparatively safer investment at the doorstep of the common investors. Most of people wants to invest in Mutual funds through SIP. But there is large variety of schemes available in market. At this situation investor prefers mostly Bluechip funds as it is less risker than other funds. So, in this manuscript main focus is on the analysis of performance of blue-chip funds so it will help to investors to take decision about which scheme supposed to choose. So, for the study purpose 5 blue-chip funds has been selected. For investor there is no need to pay attention towards the past performance of the mutual fund because this past performance does not decide the future mutual fund performance. So for this purpose the Secondary data has been considered for the performance analysis and it was achieved by using various tools and techniques like average return, standard deviation, beta, Sharpe ratio, Jensen ratio and Treynor ratio.