A Study on Selection Process Mutual Fund – With Reference to Balanced Funds

Abstract

This study aims to bring out the selection process of the best equity fund. Four popular funds–Birla balanced fund, HDFC balanced fund, ICICI Prudential balanced fund, Sundaram BNP Paribas balanced fund–are considered for the study. As Sundaram Paribas had highest Absolute return among the four funds, its growth potential was analyzed with Sharpe, Treynor and Jenson Ratio.These ratios confirmits growth potential, hence Sundaram Paribas balanced Fund is selected as the best among the four.