Title: Performance analysis and forecasting of selected large-cap, mid-cap and small-cap mutual funds

Authors: Chintha Sam Sundar; Vedala Naga Sailaja

Addresses: Department of MBA, Koneru Lashmaiah Education Foundation, Vaddeswaram, AP, India; Faculty of Business Management, Majan University College, Muscat, Oman ' Department of MBA, Koneru Lashmaiah Education Foundation, Vaddeswaram, AP, India

Abstract: Mutual funds have risen significantly in the previous two decades. Recently increasing initiatives and finance have boosted Indian mutual fund schemes. Mutual funds have risen rapidly in the last two decades. Mutual funds are relevant in the global economy because of their unique edge over other investments. The Indian mutual fund business has grown due to increased initiatives and money mobilisation. Large-cap funds need more risk tolerance and longer trading horizons. Mid-cap mutual funds are unrestricted equity funds that invest at least 65% in mid-cap firm equities. Mid-cap companies attempt to balance risk and return and have growth potential compared to large caps due to investing in growth-stage firms. Unrestricted bond mutual funds that focus on small-cap equities are called small-size mutual fund managers. Thus, this study employs the ARIMA model to analyse the performance of 15 funds, 5 from each section, using returns (calculated from net asset values) data from December 2017 to December 2022. The funds' returns are expected from January through December 2023. The best big size, mid-cap, and small-cap funds, according to the analysis, have steady and greater returns.

Keywords: mutual funds; large-cap; mid-cap; small-cap; net asset value; ARIMA; growth-stage firms; Indian mutual fund.

DOI: 10.1504/IJEF.2025.149157

International Journal of Electronic Finance, 2025 Vol.14 No.4, pp.395 - 417

Received: 16 Mar 2023
Accepted: 15 Aug 2023
Published online: 16 Oct 2025 *

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