ویراساینس.
سند علمی

Using Data Envelopment Analysis Framework to Evaluate Mutual Fund Efficiency

D. K. Malhotra

چکیده

The study shows the areas in which inefficient mutual funds are lagging behind and how they can improve their performance to bring them at par with other efficient mutual funds. Using data envelopment analysis approach, this study compares the relative efficiency of aggressive growth mutual funds. We study the efficiency of mutual funds in terms of risk-adjusted performance, load, 12b-1 plan, and expense ratios. Using the DEA methodology, we calculated an efficiency score for 189 funds on a scale of 1 to 100 by maximizing twelve month total return and minimizing beta, standard deviation, load, 12b-1 charges, and expense ratios.

اسناد مشابه

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