16Feb 2021
PERFORMANCE OF NIFTY 50 EXCHANGE TRADED FUNDS
- Research Scholar, School of Management & Business Studies, Mahatma Gandhi University, Kottayam, Kerala.
- Professor & HOD, School of Management & Business Studies, Mahatma Gandhi University, Kottayam, Kerala.
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The study evaluated the performance of selected Nifty 50 ETFs tracking Nifty 50 Index listed in National Stock Exchange in India during a period of six years starting from 1st April, 2014 to 31st March, 2020. The performance of ETFs is measured using Average Daily Returns, CAGR, HPR, Standard Deviation, Tracking Error, R squared and Beta. It is found that there is difference in the risk-return pattern of Nifty 50 ETFs and its index Nifty 50. Aditya Birla Nifty ETF is the performing fund among the selected ETFs.
[Roshni P.R and E. Sulaiman (2021); PERFORMANCE OF NIFTY 50 EXCHANGE TRADED FUNDS Int. J. of Adv. Res. 9 (Feb). 77-83] (ISSN 2320-5407). www.journalijar.com
Roshni P R
Research Scholar, Mahatma Gandhi University, Kerala
India
Research Scholar, Mahatma Gandhi University, Kerala
India