PERFORMANCE EVALUATION OF INVESTMENT COMPANIES IN INDIA
Dr.P.Chellasamy
Investments are an important factor in the profitability of the investment firms. The investment performance of the fund assets is the most important factor in determining whether the fund will be able to deliver on the retirement benefits or whether there will be a sufficient amount accumulated for an adequate replacement of income. Portfolio refers to the approaches that are applied to the efficient portfolio management in order to generate the highest possible returns at lowest possible risks. This term is also used as a general measure of a firm's overall growth over a given period of time, and can be used to compare similar firms across the same industry or to compare industries or sectors in aggregation. The aim of this study was to establish the performance evaluation of investment companies in India. It is being measured by the macro-economic variables like Return on Assets, Return on Equity, Return on Capital Employed, Earnings per Share, Size of the Company and Return on Net worth. The investment companies namely Muthoot Finance, L & T Finance, Bajaj Holdings, Bajaj Finanacial Services, and Max financial are being used in this study. The secondary data was collected from the financial statements of Companies using the annual data from 2007-2008 to 2016-2017.Data were analysed by using statistical tools. In this study the performance of Bajaj holdings and Bajaj financial services serves to be high in return on investment. It is found that return on asset has a positive relationship with other independent variables (Return on Equity, Return on Capital employed, Earnings per Share, Size of the company, and Return on net worth).
KEYWORDS: Muthoot Finance, Return on Assets, Return on Equity, Return on Capital
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Vol | : | 5 |
Issue | : | 11 |
Month | : | November |
Year | : | 2017 |