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        1 - Investigating the Dynamic relations between the Trend of Tehran Stock Exchange’s index and the Cumulative Funds' Cash Flow".
        mirfeiz fallah Amirhosseyn shamaeezadeh
        The purpose of this study is to investigate the relationship between the net cash flows of the Tehran Stock Exchange funds and the Tehran Stock Exchange index during the period of 2013 to December 2019, using the information of the 10 largest active mutual funds establi More
        The purpose of this study is to investigate the relationship between the net cash flows of the Tehran Stock Exchange funds and the Tehran Stock Exchange index during the period of 2013 to December 2019, using the information of the 10 largest active mutual funds established and active in the Tehran Stock Exchange during this period. .In this study, an index of net cash flows into mutual funds daily and cumulatively is considered as a measure of cash flow compared to the TSE Index (TEDPIX). The results of this test indicate that the two indices are coherent in series and their relationships are significant in the long run. Also, the Granger causality test was used to examine the interrelationships between these two indices.The results of this test showed that there is an interaction between the two indices. This means that in the long run, both indices affect each other so net cash inflows to the funds can be a measure for predicting the overall indices trend but with Attention to the behavioral errors identified in similar articles.for predicting the index cannot be relied solely on net cash inflows into the funds. Manuscript profile