Mutual Funds, Fund Performance, Pakistan

Abstract

This paper evaluates the performance mutual funds in Pakistani, during five year from 2009 to 2013. Mutual funds’ performance were analyzed using various evaluation technique; Sharp, Treynor, Jensen’s Alpha. The purpose of this study is to provide guidelines to the managers of Pakistani mutual funds and benefit small investors by pointing out the significant variables influencing the fund performance. An effort has been made to measure the fund performance by using Sharpe ratio Treynor, Jensen’s Alpha The annual sample data are collected for five mutual funds company listed on Mutual Fund Association of Pakistan (MUFAP), for the years 2009 to 2013.