Statistical Analysis of Mutual Funds in Sharekhan

ABSTRACT

This report does an analysis of Mutual Funds of the Sharekhan company with its nearest competitor and develops a Hypothesis for the same to check if there is any advantage of Investment Avenue in Sharekhan. In Mutual Funds, the nearest competitor of Reliance is ICICI Prudential. The methodology employed for comparison is Factorial Design (Two-way ANOVA) under Statistical Hypothesis.

Here the Null Hypothesis (H02) is accepted which states that Returns from investment in Mutual Funds of Sharekhan is greater than the returns from investment in Mutual Funds of ICICI Prudential in fluctuating market scenario. 

Also using Multiple Regression, we find out that Sharpe ratio is the most important parameter for observing Expected Returns. Higher the Sharpe Ratio Better would be the expected returns.

Thus, for sure Sharekhan enjoys a competitive advantage over its rivals as it provides cheap & superior services to its investors in addition to customer satisfaction and better returns.

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