Determinants of Mutual Funds Performance in Pakistan
Abstract
Mutual funds offer a dependable choice for small investors lacking the necessary skills, experience, or capital to participate in the capital market. Finding the factors influencing mutual fund performance in Pakistan is the aim of this study. The research examined the performance of thirty-five mutual funds that were available in Pakistan between 2016 and 2020.Mutual Fund Association of Pakistan annual reports and mutual fund annual reports were the sources of the yearly penal statistics. For the data analysis in this study, a fixed effect - Random effect OLS was employed. According to the study, fund performance is positively impacted by variables including asset turnover and fund size. And the fund performance is being negatively impacted by load fees. Fund managers ought to keep all the aspects in balance in order to guarantee the investors' profit through the maximizing of its return.
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