Performance evaluation of pension funds: an emerging instrument for investing
International Journal of Development Research
Performance evaluation of pension funds: an emerging instrument for investing
Received 14th April, 2018 Received in revised form 21st May, 2018 Accepted 09th June, 2018 Published online 30th July, 2018
Copyright © 2018, Abhilasha Srivastava. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
With increasing life expectancy population of India is ageing. All the traditional sources will not suffice to meet retirement needs. Providing social security to every individual is seems to be a threat to Union budget and also to the economic reforms. Government of India has taken adequate steps to curtail poverty and to provide sustainable solution to it. New Pension Scheme is the tool which will provide social security to all including economically weaker section of the society to the workers of unorganized sector. Sample period of study was over the period of past three years, i.e., from March 28, 2011 to March 26, 2014. Risk and return of pension fund schemes are being calculated along with Sharpe ratio as a measure of risk adjusted returns for the analysis. Most of the schemes were found to be significant for investment and for planning to meet the end needs.
