International Journal of Advanced Research in Management and Social Sciences
Year : 2016, Volume : 5, Issue : 9
First page : ( 101) Last page : ( 109)
Online ISSN : 2278-6236.

Turnover (OR) activity performance of unit trust of India

Dr. Gurupandi M.

Assistant Professor, Department of Commerce, School of Management, Alagappa University, Karaikudi

Online published on 20 May, 2017.

Abstract

Mutual fund is a special type of institution which acts as an investment conduit. It is essentially a mechanism of pooling together the savings of a large number of investors for collective investments with an avowed objective of attractive yields and appreciation in their value. A mutual fund is a financial service organization that receives money from shares holders, invests it, earns returns on it, attempts to make it grow and agrees to pay the shareholder cash on demand for the current value of his investment”. “Mutual fund-also called unit trust or open ended trust-a company that invests the fund of its subscribers in diversified securities and in turn issues units representing shares in those holdings The Present study relates to the turnover performance of the Unit Trust of India. This study is based on the annual reports of the company for the period of 5 years from 2010 to 2015. The present study does not cover the human resource practices employee performance, performance of mutual funds in the Indian stock market and the like. In order to measure the turnover performance of UTI, the following are the statistical tools like mean, standard deviation, co-efficient of variation; Multiple Regression Analysis and ANOVA was used. The main objective of this paper is to study the turnover performance of Unit Trust of India.

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Keywords

Unit Trust of India, Turnover Performance, Mutual Fund.

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