Mohammadbagher Mohammadinejad Pashaki, Reza Tehrani, Hamid Zarea, Hossein Khanifar, Gholamreza Jandaghi, Ranking of Mutual Funds in Tehran Stock Exchange, ILSHS Volume 29, International Letters of Social and Humanistic Sciences (Volume 29)
https://www.scipress.com/ILSHS.29.8
Abstract:
    Performance evaluation is one the most important point in investment, therefore, in this research we tried to compute and compare the performance of mutual funds by different models and compare them to market. In this research, 14 active mutual funds during the year 2008 to 2012 has been chosen to calculate the risks and returns of these mutual funds and rank them. Results show that performance evaluation of modern and postmodern theory gives different ranking.
Keywords:
    Modern Portfolio Criteria, Mutual Fund, Performance Evaluation Measures (Sharp, Trynor, Sortino, Omega), Postmodern Portfolio Criteria