Vol. 9 (02) pp. 77-83 DOI: 10.21474/IJAR01/12420

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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Abstract

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.

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How to Cite This Article

Roshni P.R and E. Sulaiman (2021); PERFORMANCE OF NIFTY 50 EXCHANGE TRADED FUNDS, Int. J. of Adv. Res., 9 (02), 77-83, ISSN 2320-5407. DOI: https://doi.org/10.21474/IJAR01/12420

Corresponding Author

Roshni P R
Research Scholar, Mahatma Gandhi University, Kerala
India