Title: Performance analysis of selected mutual fund houses - a DEA intervention

Authors: Rajib Deb; Soma Panja

Addresses: Department of Management Studies, National Institute of Technology, Silchar, Cachar, Assam – 788010, India ' Department of Management Studies, National Institute of Technology, Silchar, Cachar, Assam – 788010, India

Abstract: Performance measurement is a field of utmost interest in investment management and asset valuation. In this area, the work related to the mutual fund's risk-return ratios has gained popularity in academic research. In this present study, we made an effort to examine the accomplishment of selected public sector bank-sponsored mutual fund houses, i.e., SBI and UTI fund houses in India, based on 27 equity schemes of these fund houses. The study has carried out using the BCC model of DEA. It is being performed with the help of numerous input and output variables to justify these Indian mutual fund's relative efficiency. The study tries to scrutinise the sensitivity of DEA efficiency to multiple input-output variables. The study results depicted a superior SBI fund management company condition as it has the highest number of efficient schemes under its umbrella compared to the UTI fund management company.

Keywords: performance analysis; bank-sponsored mutual funds; data envelopment analysis; BCC model.

DOI: 10.1504/IJBEX.2024.143692

International Journal of Business Excellence, 2024 Vol.34 No.4, pp.517 - 534

Received: 15 Jul 2020
Accepted: 08 Jun 2021
Published online: 06 Jan 2025 *

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