University of Isfahan Journal of Asset Management and Financing 2383-1189 3 2 2015 08 23 Optimizing Diversification of Equities in Sector Funds Portfollio Optimizing Diversification of Equities in Sector Funds Portfollio 1 14 19914 FA Naser Shams Gharneh amirkabir university Shahabodin Shahlaei amirkabir university Journal Article 2016 06 14 This research deals with providing quantitative criterion for optimal diversification of equities in sector funds portfollio. So, firstly divides mutual funds into two groups of sector fund and nonsector funds by considering 0 to 100 percent as top five weighted shares to total assets of fund ratio. Next provides the optimal diversification of equities in sector funds portfollio by the percentage which causes most difference between the ratio of risk to returns of sector funds and nunsector funds. This research deals with providing quantitative criterion for optimal diversification of equities in sector funds portfollio. So, firstly divides mutual funds into two groups of sector fund and nonsector funds by considering 0 to 100 percent as top five weighted shares to total assets of fund ratio. Next provides the optimal diversification of equities in sector funds portfollio by the percentage which causes most difference between the ratio of risk to returns of sector funds and nunsector funds. https://amf.ui.ac.ir/article_19914_c031b5b4675156ff2fdc3e30d2f5e1f1.pdf