Paper Details

Purpose: This research aims to examine and study the direct impact of change in covid-19 cases and IIP index on the performance of Nifty and selected Mutual funds NAV performance for one year from the date WHO declared Covid-19 pandemic on 11th March 2020. Approach/Methodology/Design: The study applies using daily NAV series of four Mutual Funds across sectors. ANOVA, Correlation, Regression, Descriptive Statistics. Findings: There is a strong relation among NIFTY 50 and all the four mutual funds’ NAV performance, however, the relation between daily reported Covid-19 cases and NAV performance couldn’t be established. Practical Implications: Economic turmoil has affected the disposable income of investors, the capital market is very volatile. This study will help the researchers and analysts to understand the relation between the covid-19, NIFTY 50 index and select mutual funds NAV movements. And they can make a better decision under similar situation.

Covid-19, Mutual fund, NIFTY 50, Analysis, Pandemic