Mutual Fund Performance and Investor's Perception

Abstract

The Indian mutual fund industry is playing a significant role in the development of capital market and in the growth of the Indian economy. It is considered to be a better opportunity where savings are collected from investors and diverted to the capital market to generate better returns for them with lower risk and volatility. Hence, it is of utmost significance to understand the mutual fund industry in India. As such, this chapter makes an attempt to review the various literatures available in regard to mutual funds to evaluate the performance of various mutual fund schemes and to study the investor's perception in selection of a mutual fund. The study shows that mutual funds have failed to offer advantages of diversification and professionalism to the investors and hence could not fulfil their scheme's objectives. It is also found that retail investors are still confused about the mutual funds as an investment avenue. In order to attain sustained profitable growth, the industry should focus on developing distribution networks, increasing retail participation and expanding the reach of mutual funds by conducting awareness programs and extending financial literacy.

Excited States of One-Electron Oxidized Guanine-Cytosine Base Pair Radicals: A Time Dependent Density Functional Theory Study

“…These radicals have been suggested from their UV-vis spectra after pulse radiolysis and several confirmed by ESR experiments. 3,4,6,13,19,21,22,40 In this work, we calculated vertical transition energies for the various oneelectron oxidized G-C species to better understand the nature of the transitions involved in the UV-vis spectra of these intermediates. Our chosen method (TD-ωb97xd-PCM/6-31G(3df,p)) was tested by comparison to high level methods (EOM-CCSD(T) 26 ) for the neutral G-C base pair and found to give excellent results.…”

“…3,4,7 The individual DNA base cation radicals in nucleosides as well as in DNA have been extensively studied using pulse radiolysis, ESR and photochemistry experiments 3,4,[6][7][8][9] and theory. [10][11][12][13] Many works have identified the UVvis spectra of individual nucleoside cation radicals and their neutral deprotonated forms [13][14][15][16][17][18] , however, the absorption spectra of oxidized-DNA or base pairs are less well identified and a subject of some controversy. [19][20][21][22][23] Their identification is made difficult owing to various factors such as hydrogen-bonding, sequence, stacking interactions, and protonation/deprotonation reactions.…”