STUDY OF RISK OF SELECTED LOW DURATION DEBT MUTUAL FUNDS

Abstract

Indian mutual fund industry is in growth phase for number of years. In this research paper calculated risk of selected Low Duration Debt Mutual Funds. In this study selected ten Low Duration Debt Mutual Funds Direct Plan. Risk of selected Low Duration Debt Mutual Funds determined with the help of Standard Deviation and Average Return. The average of average annual return of Low Duration Debt Mutual Funds is 7.48% for the selected mutual funds. The average annual return is highest 8.96% for Kotak Low Duration Fund (Direct Plan) Growth Low Duration Fund and average annual return is lowest 3.80% for JM Low Duration Fund (Direct) Growth Low Duration Fund The average standard deviation is 2.14 for Low Duration Debt Mutual Funds. The standard deviation is highest 8.86 for JM Low Duration Fund (Direct) Growth Low Duration Fund and standard deviation is lowest 0.72 for BNP Paribas Low Duration Fund (Direct Plan) Growth Low Duration Fund for the period 2015-2019. Above study show clearly that standard deviation is highest 8.86 for JM Low Duration Fund (Direct) Growth Low Duration Fund so it is very high risky Low Duration Debt Mutual Funds. Standard deviation is lowest 0.72 for BNP Paribas Low Duration Fund (Direct Plan) Growth Low Duration Fund so it is low risk Low Duration Debt Mutual Funds.