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International Journal of Advanced Research in Education and TechnologY(IJARETY)
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Article

TITLE A Comparative Performance Analysis of IT Sector Mutual Fund Schemes in India Using Risk–Adjusted Measures
ABSTRACT The rapid expansion of India’s information technology sector has led to the growth of sector-specific mutual fund schemes aimed at capturing technology-driven returns. Despite their popularity, IT sector mutual funds are characterized by high volatility, making performance evaluation crucial for informed investment decisions. This study empirically examines the comparative performance of selected IT sector mutual fund schemes in India using risk–return and risk-adjusted performance measures. The study adopts a descriptive and analytical research design based on secondary data collected from selected IT sector mutual fund schemes over a defined study period. Returns are evaluated using mean returns, while risk is assessed through standard deviation and beta. Risk-adjusted performance is measured using Sharpe Ratio, Treynor Ratio, and Jensen’s Alpha. Comparative analysis is conducted to assess consistency and relative efficiency across schemes. The findings indicate significant variation in returns and volatility among IT sector mutual funds. While some schemes deliver superior returns, they also expose investors to higher levels of risk. Risk-adjusted measures reveal that only a few schemes consistently outperform benchmarks, highlighting the importance of performance metrics beyond absolute returns. The study contributes empirical evidence on sectoral mutual fund performance in an emerging market and offers practical insights for investors, fund managers, and policymakers.
AUTHOR Dr Ramesh Naik Vankadoth, Dr. S Nayamath Basha Professor, Department of MBA, CMRTC, Hyderabad, India Associate Professor, Department of MBA, CMRTC, Hyderabad, India
VOLUME 12
DOI DOI:10.15680/IJARETY.2025.1201044
PDF 44_A Comparative Performance Analysis of IT Sector.pdf
KEYWORDS
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