Secondary Data: The study has been carried out entirely on the basis secondary source. The
major sources of secondary data are as given below:
Net Asset Values (NAVs) on the opening and closing day of each of the 12 months of the study
period (January ’12 to June ’13.) of the 32 growth oriented funds are collected from the
websites of the Dhaka stock exchange.
Daily General index obtained from Dhaka Stock exchange the proxy for the market return in the
study.
Research Methodology
This study has been designed on the following ways:
Research approach: Exploratory research methods apply in this connection and interpret the
research outcome accordingly.
Sampling technique: in case of selecting sample for research purpose, here random sampling
technique follow which means mutual funds schemes select on random basis considering one
criterion such that schemes should treaded before January 01, 2012. For market return
calculation DES all shares index consider as market representative and return uses as benchmark
for comparison
Time horizon: The studies consider those mutual funds which are traded about last 18 months in
the market. Research period started from 1st January, 2012 to 30th june, 2013
Sources of data: Both primary and secondary data has been collected in this regard. Mostly data
collected from secondary sources. Primary data has been collected from direct interview of
different market experts and investors.
Procedure of data analysis: Different statistical tools and financial models are used to
evaluate the performance of mutual funds. Specially mean return, covariance, coefficient of
correlation, beta coefficient, Sharpe index, Treynor index and Jensen alpha
Measuring risk and return of mutual funds