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Benchmarking

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Abstract

This chapter focuses on benchmarking in the mutual fund industry. Benchmarking is a tool that is used to judge the performance of mutual funds against a “standard” or “benchmark” decided for the particular scheme. The benchmark fund varies according to the nature of fund and the decisions made by the manager of the asset management company (AMC) of the respective scheme/fund.

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Notes

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    Jow-Ran Chang, Mao-Wei Hung & Cheng-few Lee (2003), “An Intertemporal CAPM approach to Evaluate Mutual Fund Performance”, Review of Quantitative Finance and Accounting, 20: 425–433.

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Sekhar, G.V.S. (2017). Benchmarking. In: The Management of Mutual Funds . Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-34000-5_4

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  • DOI: https://doi.org/10.1007/978-3-319-34000-5_4

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  • Publisher Name: Palgrave Macmillan, Cham

  • Print ISBN: 978-3-319-33999-3

  • Online ISBN: 978-3-319-34000-5

  • eBook Packages: Economics and FinanceEconomics and Finance (R0)

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