VIDYA - A JOURNAL OF GUJARAT UNIVERSITY Gujarat University en-US VIDYA - A JOURNAL OF GUJARAT UNIVERSITY 2583-3537 COMPARATIVE STUDY OF SELFLESSNESS IN VEDIC AND YOGIC LITERATURE <p><em>The statement "Vedas are apaurusheya" makes it clear that these scriptures are beyond any worldly creation. However, the reality is that these texts encompass all the knowledge needed to lead a life in the world. Simultaneously, these scriptures also elucidate the path to attain that ultimate state which liberates one from the worldly cycle. Nevertheless, Vedas have often been perceived as emphasizing predominantly ritualistic worship and prescribing actions with desires. Consequently, the real knowledge present in them has been consistently overlooked. In contrast, Yoga philosophy has been accepted by people as a path to liberation, even though it is commonly used by many in society for physical and mental well-being. Therefore, it becomes imperative to understand the facts by comparing the concept of selfless deeds (Nishkamta) in Yoga and Vedic literature, which talk about liberation. Hence, this article aims to present a comparative analysis of the notions of selfless deeds in Yoga and Vedic literature.</em></p> Shivam Tripathi Nehal Dave Copyright (c) 2024 VIDYA - A JOURNAL OF GUJARAT UNIVERSITY 2024-02-22 2024-02-22 3 1 1 5 10.47413/vidya.v3i1.314 AN ANALYSIS OF PERFORMANCE PERSISTENCE IN INDIAN MUTUAL FUND USING HURST EXPONENT <p><em>We empirically investigated the presence of long memory in financial return series data of selected equity oriented mutual funds in India. The Hurst exponent, a non parametric test was used as the measurement of performance persistence to show presence of long memory. We used Net Asset Value (NAV) of 33 equity oriented growth based Indian mutual funds from different categories which showed a diversified picture of the mutual fund industry in India for the period 2003-2019. We empirically found that the degree of performance persistence is positive in case of selected funds and a few funds showed randomness or Brownian motion. The result suggested that the performance persistence exists in Indian mutual funds, applying the Rescaled Range method of Hurst exponent analysis. </em></p> Debendra Shaw P Samanta Copyright (c) 2024 VIDYA - A JOURNAL OF GUJARAT UNIVERSITY 2024-02-22 2024-02-22 3 1 6 14 10.47413/vidya.v3i1.308 EXPLORING THE RELATIONSHIP OF MULTIPLE TIME DURATION RETURNS, AND ANNUAL VOLATILITY INTER SE FOR VARIOUS INDICES ON THE NATIONAL STOCK EXCHANGE <p><em>Stock exchanges are the epicenter of any capitalistic and free market model economy and the variety of indices maintained by them serve as the barometer. NSE, the largest stock exchange in India maintains and publishes prices changes data for 87 stock indices constituted based on different themes, strategy, and sectors including the benchmark NIFTY-50. The main objective of this study is to understand relationship for returns of 1 month, 3 months, 1 year, 3 years, 5 years and 1-year volatility inter se. The study interestingly reveals that there is impact of quarterly returns of the indices on annual returns. On the contrary it is unaffected by monthly returns. On the volatility front short term returns were seen affected by annual volatility while long term returns did not with exception of 5 year figures.</em></p> Deepak Amin Hemal Pandya Copyright (c) 2024 VIDYA - A JOURNAL OF GUJARAT UNIVERSITY 2024-03-10 2024-03-10 3 1 15 18 10.47413/vidya.v3i1.341 EFFECT OF YOGIC INTERVENTION ON PSYCHOLOGICAL WELLBEING AMONG CANCER PATIENTS <p>The main purpose of this research was to study the effect of yogic intervention on the psychological well-being of cancer patients, to gender and area of residence. A total of 60 cancer patients participated in the study, 30 male and 30 female, who were then divided into two groups of 30 each, urban and rural. The Psychological Well-Being Scale by Pooja Chaudhary and Devendra Singh Sisodiya was administered to all participants before and after the yogic intervention. A t-test was used to analyze the data, and the results revealed that yogic intervention had a significant effect on the psychological wellbeing of all participants, regardless of gender or area of residence.</p> Chirag Jaykishan Andhariya Kashyapnath Upadhyay Minal Panchal Rupal Gandhi Copyright (c) 2024 VIDYA - A JOURNAL OF GUJARAT UNIVERSITY 2024-04-15 2024-04-15 3 1 19 23 10.47413/vidya.v3i1.360