• Bhargavkumar R. Paghadal

NIFTY 50 is the benchmark index of India, reflecting the overall dynamics of Indian equity market as well as the Indian economy. NIFTY Next 50 is an index that represents the performance of ‘next’ 50 stocks which come after the top 50 in order of free float market capitalization, subject to index criteria. The paper is the study of the performance of two Index . This is analyzed empirically since the period of April 1, 2001 – March 31, 2018. The main objective of this research is to evaluate the performance of Index. For evaluating the performance of Index , the parameters used are Return, Risk, Sharpe Ratio, Treynor's Ratio, and Jensen Alpha P/E ratio, P/B ratio. This study will aid to identify the difference in the performance of two significant similar passive investment strategies. In this paper the data has been collected from the secondary sources.

"Performance Analysis of the Index : Nifty 50 & Nifty Next 50", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.5, Issue 7, page no.1036-1040, July-2018, Available :http://www.jetir.org/papers/JETIR180Z038.pdf

"Performance Analysis of the Index : Nifty 50 & Nifty Next 50", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.5, Issue 7, page no. pp1036-1040, July-2018, Available at : http://www.jetir.org/papers/JETIR180Z038.pdf