SL

All Equity

1 ICICI Prudential Discovery Fund - Growth Ri

Rm
2 SBI Magnum Growth fund

3 Relaince Growth Fund

4 LIC Growth Fund

5 Birla Sun Life Growth Fund

2008

2009

2010

2011

-30.61
-54.56

-3.43
134.32

6.89
27.71

-6.64
-23.73

-25.62

-0.26

0.5

-7.79

-54.86

86.41

12.98

-23.50

-29.25

-4.33

2.77

-8.27

-54.11

97.40

17.18

-27.40

-33.84

-2.15

0.39

-6.66

-4.44

3.45

-0.47

-2.27

-2.9

7.36

1.22

1.25

5.65

17.55

9.33

6.96

2012

22.57
21.20
16.86

SD

S-RATIO

1.8

Rank

Beta

Rank

J-Alpha

0.95

17.33

24..16 0.59

0.92

3.36

27.60 0.66

1.00

5.69

27.57 0.47

1.05

0.6

2.99 0.37

1.00

0.5

26.53

11.40
19.33

11.33
14.63

1.04
2.56

3.40

Ri
2008
2009
2010
2011
2012

Total

Rm
2008
2009
2010
2011
2012

Total

Average Mean (Ri)

Market return (Rm)
beta(B)
SD
Risk free return(Rf)
Formula Implemented
Jensen's Alpha Model

Jensen = aj= Ri-[Rf+Bp(Rm-Rf)]

ICICI

SBI

LIC

BSL

-30.61
-3.43
6.89
-6.64
22.57
-11.22

-25.62
-0.26
0.50
-7.79
16.86
-16.31

-29.25
-4.33
2.77
-8.27
19.33
-19.75

-33.84
-2.15
0.39
-6.66
14.63
-27.63

-2.90
7.36
1.22
1.25
2.56
9.49

ICICI

SBI

LIC

BSL

-54.56
134.32
27.71
-23.73
21.20
104.94

-54.86
86.41
12.98
-23.50
11.40
32.43

-54.11
97.40
17.18
-27.40
11.33
44.40

-4.44
3.45
-0.47
-2.27
1.04
-2.69

5.65
17.55
9.33
6.96
3.40
42.89

-2.24
24.68
0.95
1.80
6.00

-3.26
-0.65
0.92
0.59
6.00

-3.95
-0.08
1.00
0.66
6.00

-5.53
-1.11
1.05
0.47
6.00

1.90
0.38
1.00
0.37
6.00

73.93

14

24.65

-24.5

20.40

Formula Implemented
80
60
40
20

Formula Implemented

0
ICICI SBI R LIC BSL
-20
-40