A Comparative Study of Rolling versus Benchmark Performance Returns in Selected Mutual Funds

This study offers a comparative analysis of rolling returns versus benchmark performance in seven large-cap mutual funds in India's mutual fund industry from 2014 to 2024. Focusing on performance consistency, risk-adjusted returns, and expense ratios, it highlights that the Mirae Asset Large Cap Fund consistently outperforms its benchmark, while the Franklin Blue-chip Fund and LIC MF Large Cap Fund show underperformance and higher volatility. The findings underscore the importance of considering rolling returns, risk profiles, and expense ratios in investment decisions, recommending funds with consistent outperformance and lower expenses. The research emphasizes portfolio diversification and regular fund performance monitoring to align investments with financial goals and risk tolerance.