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International Journal of Creative and Open Research in Engineering and Management

A Peer-Reviewed, Open-Access International Journal Supporting Multidisciplinary Research, Digital Publishing Standards, DOI Registration, and Academic Indexing.
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ISSN: 3108-1754 (Online)
Crossref DOI: Available
ISO Certification: 9001:2015
Publication Fee: 599/- INR
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License: CC BY 4.0
Peer Review: Double Blind
Volume 02, Issue 05

Published on: May 2026

PERFORMANCE EVALUATION OF FOCUSED MUTUAL FUNDS IN INDIA

Yogesh Soni Jaysinh Vaja

Dr. Hitesh Harwani

JG University Ahmedabad
DOI:https://doi.org/10.55041/ijcope.v2i5.350

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Plagiarism Passed Peer Reviewed Open Access

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Abstract

In this study, we analyzed selected focused mutual funds in India. Currently, there are 28 focused fund schemes in India, all of which were included in our initial analysis. We compared their one-year returns with their respective benchmarks, such as the NSE 500 TRI and the BSE 500 TRI. Out of these schemes, 13 funds delivered higher returns than their benchmarks and showed better performance. However, reliable and complete data was available for only 11 of these schemes, so we selected them for further detailed analysis. The performance of these funds was evaluated using financial metrics such as standard deviation, beta, Sharpe ratio, and coefficient of variation to assess both risk and return. Based on these measures, the funds were ranked accordingly. The results indicate that some funds, such as the SBI Focused Fund and the HDFC Focused Fund, performed better in terms of risk-adjusted returns. This highlights the importance of evaluating both returns and associated risks when analyzing mutual fund performance.

Keywords: 

Focused Fund schemes, Equity funds, Open-ended schemes, NIFTY 500, BSE 500, Returns, Beta, Risk adjusted returns, Standard Deviation, Co-efficient of Variation, Benchmark comparison.

How to Cite this Paper

Soni, Y. & Vaja, J. (2026). Performance Evaluation of Focused Mutual Funds in India. International Journal of Creative and Open Research in Engineering and Management, <i>02</i>(05). https://doi.org/10.55041/ijcope.v2i5.350

Soni, Yogesh, and Jaysinh Vaja. "Performance Evaluation of Focused Mutual Funds in India." International Journal of Creative and Open Research in Engineering and Management, vol. 02, no. 05, 2026, pp. . doi:https://doi.org/10.55041/ijcope.v2i5.350.

Soni, Yogesh, and Jaysinh Vaja. "Performance Evaluation of Focused Mutual Funds in India." International Journal of Creative and Open Research in Engineering and Management 02, no. 05 (2026). https://doi.org/https://doi.org/10.55041/ijcope.v2i5.350.

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References


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  • •All submissions are screened under plagiarism detection.
  • •Review follows editorial policy.
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  • •Peer Review Type: Double-Blind Peer Review
  • •Published on: May 12 2026
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