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.
34 Downloads
100 Views
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.
Keywords
Article Analytics
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
This work is licensed under a Creative Commons Attribution 4.0 International License.





