Browsing by Author "SUMIT, KUMAR"

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    Exchange Traded Funds vs. Index Funds: Comparative Performance Analysis
    (2019-07-24T12:21:13Z) SUMIT, KUMAR
    To do any report on the organization it is necessary to learn about the company in-depth. In this report people will come to know about the organization structure STATE STREET GLOBAL ADVISORS, Bangalore. The performance of the company in the market. SWOT analysis their strengths, weakness, opportunities, threats. Exchange Traded Funds (ETFs) and Index Funds both are innovative products. ETFs are baskets of securities that are traded on the stock exchange. It is a hybrid financial product that bears the twin features of a stock and a mutual fund whereas Index Funds are mutual funds which replicate the performance of broad market index but can be purchased or redeemed only at the end of the day at the value of their net assets (NAV). The proposed study aims to cover the performance evaluation of Indian ETFs and Index Funds which track the same benchmark. Four different index funds along with four different exchange traded funds are considered in the study respectively tracking same benchmark .The study is based on secondary data and covers a period of five years i.e. from 2014-18 for the purpose of evaluating relative performance of selected ETFs and Index Funds. The parameters used for evaluating the performance are: Return, Risk, Sharpe Ratio, Beta, Jensen’s Alpha and R square. This study will enable to recognize the difference in performance of two significant similar passive investment strategies. The project has given us a very good exposure to know the industry and to understand the working of industry.