MARC details
| 000 -LEADER |
|---|
| fixed length control field |
02068nam a22002537a 4500 |
| 003 - CONTROL NUMBER IDENTIFIER |
|---|
| control field |
ZW-GwMSU |
| 005 - DATE AND TIME OF LATEST TRANSACTION |
|---|
| control field |
20240528065532.0 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION |
|---|
| fixed length control field |
240528b |||||||| |||| 00| 0 eng d |
| 022 ## - INTERNATIONAL STANDARD SERIAL NUMBER |
|---|
| International Standard Serial Number |
2319510X |
| 040 ## - CATALOGING SOURCE |
|---|
| Original cataloging agency |
MSU |
| Language of cataloging |
English |
| Transcribing agency |
MSU |
| Description conventions |
rda |
| 050 00 - LIBRARY OF CONGRESS CALL NUMBER |
|---|
| Classification number |
HD30.4ASI |
| 100 1# - MAIN ENTRY--PERSONAL NAME |
|---|
| Personal name |
Gupta, Mohit |
| Relator term |
author |
| 245 10 - TITLE STATEMENT |
|---|
| Title |
Naïve versus mean-variance diversification in Indian capital markets |
| Statement of responsibility, etc. |
created by Mohit Gupta and Navdeep Aggarwal |
| 264 1# - PRODUCTION, PUBLICATION, DISTRIBUTION, MANUFACTURE, AND COPYRIGHT NOTICE |
|---|
| Place of production, publication, distribution, manufacture |
Los Angeles: |
| Name of producer, publisher, distributor, manufacturer |
Sage, |
| Date of production, publication, distribution, manufacture, or copyright notice |
2015. |
| 336 ## - CONTENT TYPE |
|---|
| Source |
rdacontent |
| Content type term |
text |
| Content type code |
txt |
| 337 ## - MEDIA TYPE |
|---|
| Source |
rdamedia |
| Media type term |
unmediated |
| Media type code |
n |
| 338 ## - CARRIER TYPE |
|---|
| Source |
rdacarrier |
| Carrier type term |
volume |
| Carrier type code |
nc |
| 440 ## - SERIES STATEMENT/ADDED ENTRY--TITLE |
|---|
| Title |
Asia-Pacific journal of management research and innovation |
| Volume/sequential designation |
Volume 11, number 3 |
| 520 3# - SUMMARY, ETC. |
|---|
| Summary, etc. |
Markowitz’s mean-variance efficiency theory brought tremendous opportunities for portfolio managers, as now they are able to understand deeply the relationship between expected risk and return of the portfolios. Several models were developed based on mean-variance framework, but all of them suffered on account of either parameter estimation problem or psychological biasness in favour of simple portfolio strategies like naïve diversification. Much of the research evidence has proved that naïve diversification has either outperformed or not significantly underperformed as compared to mean-variance framework. In the present study, we compared the mean-variant efficient portfolios with stock portfolios on the basis of naïve diversification for the 15-year period and across all market capitalisation stock sets. Performance-wise naïve diversified portfolios dominated, although not statistically, the mean-variant portfolios especially in mid cap and small cap stock sets. Similar results were obtained for return per unit of risk. The study adds the role played by market capitalisation in already existing literature on naïve diversification. |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
|---|
| Topical term or geographic name entry element |
Mean-variance efficiency |
| Form subdivision |
Naïve diversification |
| General subdivision |
Portfolio-Management |
| Geographic subdivision |
India |
| 700 1# - ADDED ENTRY--PERSONAL NAME |
|---|
| Personal name |
Aggarwal, Navdeep |
| Relator term |
co author |
| 856 ## - ELECTRONIC LOCATION AND ACCESS |
|---|
| Uniform Resource Identifier |
https://doi.org/10.1177/2319510X15588382 |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) |
|---|
| Source of classification or shelving scheme |
Library of Congress Classification |
| Koha item type |
Journal Article |