Ranking of mutual funds in Tehran Stock Exchange
Ranking of mutual funds in Tehran Stock Exchange
Author(s): Gholamreza Jandaghi, Hossein Khanifar, Reza Tehrani , Mohammadbagher Mohammadinejad Pashaki, Hamid ZareaSubject(s): Economy
Published by: SciPress Ltd.
Keywords: Modern portfolio criteria; postmodern portfolio criteria; Mutual fund; Performance evaluation measures (sharp; trynor; sortino; omega)
Summary/Abstract: Performance evaluation is one the most important point in investment .therefore, in this research we tried to compute and compare the performance of mutual funds by different models and compare them to market. In this research, 14 active mutual funds during the year 2008 to 2012 has been chosen to calculate the risks and returns of these mutual funds and rank them. Results show that performance evaluation of modern and postmodern theory gives different ranking.
Journal: International Letters of Social and Humanistic Sciences
- Issue Year: 2014
- Issue No: 18
- Page Range: 8-13
- Page Count: 6
- Language: English