We offer empirical evidence that stocks with low volatility earn higher risk-adjusted returns compared to high volatility stocks in the Indian stock market. The annualised excess returns for the low and high volatility decile portfolios amount to 11.40% and 1.30%, respectively, over the period...

Finance theory suggests that higher return comes with higher risk. However, several studies have reported the evidences of low-risk anomaly in the US and other global markets, where portfolio of low volatility stocks delivers superior risk-adjusted returns as compared to market index and high...

The authors offer evidence for low-risk effect from the Indian stock market using the top-500 liquid stocks listed on the National Stock Exchange (NSE) of India for the period from January 2004 to December 2018. Finance theory predicts a positive risk-return relationship. However, empirical...

Finance theory suggests that higher return comes with higher risk. This paper examines low risk anomaly in Indian stock markets by using the constituent stocks of S&P CNX 500 index of NSE for a 11-year period starting from 2001 to 2011. Monthly rolling iterations are used to form low and high...

The authors offer evidence for low-risk effect from the Indian stock market using the top-500 liquid stocks listed on the National Stock Exchange (NSE) of India for the period from January 2004 to December 2018. Finance theory predicts a positive risk-return relationship. However, empirical...

Technology has reshaped how financial services are designed, delivered, and consumed over the past decade. The increased mobile and internet penetration and availability of cheap data combined with the advent of Fintech, digitalization, blockchain technology, machine learning, and artificial...