Journal of African Development

ISSN (Print): 1060-6076
Original Article | Volume 7 Issue 1 (None, 2026) | Pages 91 - 97
Risk-Adjusted Performance Analysis of IT Sector Mutual Funds in India
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1
Department of Management Aurora’s PG College, Affiliated to Osmania University, Hyderabad, Telangana, India
2
Department of Management & Commerce Research Scholar, Maulana Azad National Urdu University, Hyderabad, Telangana, India
Abstract

The rapid growth of the Information Technology (IT) sector has significantly influenced investment patterns in the Indian mutual fund industry, leading to increased investor interest in IT sector mutual funds. However, sectoral funds are often associated with higher volatility, making risk-adjusted performance evaluation essential for informed investment decisions. This study aims to analyze the risk-adjusted performance of selected IT sector mutual funds in India over a ten-year period. The study is based on secondary data collected from AMFI, official websites of asset management companies and stock exchange databases. The statistical measures such as average returns, standard deviation and beta are used to assess return and risk, while Sharpe Ratio, Treynor Ratio, and Jensen’s Alpha are employed to evaluate risk-adjusted performance. The performance of selected IT mutual funds is compared with the benchmark IT index to determine their relative efficiency. The findings reveal that IT sector mutual funds offer attractive return potential, their performance varies significantly after adjusting for risk. The study provides valuable insights for investors, fund managers, and researchers in understanding the performance dynamics of IT sector mutual funds in India..

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Volume 7, Issue 1
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