Debt Fund Scheme 1. Kotak Bond Short Term 2. HDFC HI Short Term 3. UTI Short Term Income Regular 4. ICICI Prudential Short Term 5. Reliance Short Term Standard Sharpe Treynor Deviation Ratio Ratio Kotak .59 5.30 3.42 HDFC .52 7.10 3.11 UTI .66 2.53 2.87 ICICI .85 3.01 2.56 Reliance .54 6.55 2.98 th Note: The data is collected on 8 May, 2008
Beta .48 .42 .51 .62 .46
R Square .55 .54 .49 .44 .59
Alpha 2.27 2.95 .77 1.45 2.72
Findings Standard Deviation Kotak 3 HDFC 1 UTI 4 ICICI 5 Reliance 2
Sharpe Ratio 3 1 5 4 2
Treynor Ratio 1 2 4 5 3
Beta 3 1 4 5 2
R Square 2 3 4 5 1
Alpha
Total
3 1 5 4 2
15 9 26 28 12
Analysis The analysis suggests that in case of standard deviation which is desired to be low so that the fund can perform better, HDFC HI Short Term stands out with rank 1 (.52) & following HDFC HI is Reliance Short Term fund (.54) 64 | P a g e