Main Article Content
Abstract
The analysis is also compared with the calculations based on the beta, standard deviation, Sharpe ratio,Treynors ratio, Jenson ratio. These are the risk adjusted measures and views the performance from the angle of risk and returns. Sharpe Ratio measures the risk premium per unit of total risk. Treynor Ratio measures premium per unit if market risk and alpha shows the performance of funds. The beta of the scheme should be lower and standard deviation of the scheme should be lower and the Sharpe ratio of the scheme should be higher. The fund manager accordingly manage the funds by allocating major portfolio to those sectors which defend and sustain over economic trend.