A comparative study of financial performance of HDFC AMC and Kotak Mahindra AMC
Keywords:
Investments, Capital Market, Assets Management Companies, Mutual FundAbstract
In current time financial markets’ analysis has become tough task for the investors. Middle class investor always prefers to reduce risk than earn return at higher rate. At the same time, always expect to get more return than bank fixed deposit. Financial Market is becoming more extensive with wide ranging financial products trying innovation in designing mutual fund schemes. This present study is focused on evaluation of profitability of Mutual Fund Assets Management Companies by using accounting ratios and t-Test as a statistical tool. The analysis depicts that HDFC AMC has higher profitability than Kotak Mahindra AMC. KMAMC incurred losses during 2014-15 which lead to reduce average profitability.
Downloads
References
Gupta S K and Rangi, P, Research Methodology (Methods, Tools and Techniques), Kalyani Publishers, Ludhiana, 2012
Kothari C R, Research Methodology, New Age International Publishers, New Delhi, 2006
R. K. Gupta, Financial Efficiency, Print well Publisher, Jaipur,1989.
Sudha Nigam “Financial Efficiency” print well publishers, Jaipur,1989
HDFC Assets Management Companies Annual Reports from 2013-14 to 2017-18.
Kotak Mahindra Assts Management Companies Annual Reports from 2013-14 to 2017-18.
www.nseindia.moneycontrol.com
www.researchersworld.com
www.indiainfoline.com
www.sebi.org
www.fundbazar.com
www.hdfcamc.com
www.kmamc.com
