IJAST

Analysis of Bluechip Mutual Fund Schemes using ANOVA and T-Test

© 2024 by IJAST

Volume 2 Issue 2

Year of Publication : 2024

Author : A. Madhavi, Chinnamamba Cheepuri

: 10.56472/25839233/IJAST-V2I2P103

Citation :

A. Madhavi, Chinnamamba Cheepuri, 2024. "Analysis of Bluechip Mutual Fund Schemes using ANOVA and T-Test" ESP International Journal of Advancements in Science & Technology (ESP-IJAST)  Volume 2, Issue 2: 11-15.

Abstract :

Mutual funds have become a vital source of capital and have played a significant part in the growth of India's financial market. Mutual funds also offer diverse portfolio management, risk reduction, and return maximization. The best investing option for the average person is a mutual fund scheme, which offers a professionally managed stock market, minimal risk, and maximum profits. In this study we tried to find the returns of various blue chip mutual fund schemes using monthly Net Asset Values (NAVs). And also applied statistical techniques to know the performance of schemes, so that it helps the investor to take decision on best investment scheme.

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[12] PPF Interest Rates: Check Current PPF Interest Rate for FY 2023-24 (paisabazaar.com)

Keywords :

Mutual Funds, NAV, Returns, ANOVA, T-test.