Impact of mutual fund investment in indian equity market

A. Ananth and Swaminathan J ()

MPRA Paper from University Library of Munich, Germany

Abstract: The mutual fund investments have emerged as important players in the Indian equity market in the recent past. This research makes an attempt to understand whether a relationship exists between Mutual Fund investment and Equity Market returns in India. The past ten years of data was analyzed with appropriate statistical tools to prove the impact of Mutual Fund Investments in Indian Equity Market. Markets become more efficient with the growing presence of institutional investors who predominantly go by fundamentals. The popular belief that fund inflows and returns are positively related. ( Warther, 1995) is also proved.

Keywords: Key words : Mutual Fund Flow; Equity Market; Sensex; Nifty. (search for similar items in EconPapers)
JEL-codes: G11 (search for similar items in EconPapers)
Date: 2011-02-08, Revised 2011-02-24
References: View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Published in Indian Journal of Commerce and Management Studies II, March 2011.II(2011): pp. 228-238

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Related works:
Journal Article: Impact of Mutual Fund Investments in Indian Equity Market (2011)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:29481

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