Investigating the Performance and Performance Consistency of Iranian Mutual Funds Using CAPM& CARHART’s Four- Factor Models; A Comparative Approach

Khadijeh Ghorbanidolatabadi; Hasan Ghalibaf Asl

Volume 2, Issue 1 , July 2022, , Pages 63-86

https://doi.org/10.22054/jmmf.2022.14565

Abstract
  This study seeks to investigate the performance as well as the performance consistency of Iranian mutual funds during the current and subsequent periods. To this end, the Capital Asset Pricing Model along with CARHART’s four-factor model have been utilized to analyze the performance and performance ...  Read More