Fundamental Performance Analysis of Listed Mutual Fund Companies in the Dhaka Stock
DOI:
https://doi.org/10.13135/2704-9906/11583Keywords:
Mutual fund performance, Closed-end mutual funds, Fundamental factors, Financial performance, Operational performanceAbstract
This study investigates the performance of closed-end mutual funds listed on the Dhaka Stock Exchange over the period 2015 to 2023, emphasising the comparative dynamics before and after the COVID-19 pandemic. Employing a panel data framework, it analyses key financial metrics—Return on Investment (ROI), standard deviation, beta, and Sharpe ratio—to extract fund behaviour patterns under market stress and recover conditions. The results reveal heterogeneous performance trajectories: while several funds underperformed post-pandemic, others exhibited notable resilience and gains. These extracted insights underscore the critical importance of risk-adjusted returns in fund evaluation and strategic asset management. Despite its strengths in longitudinal data coverage and quantitative Rodrigue study is constrained by the absence of qualitative factors that could contextualise performance variations.
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