http://www.iaeme.com/IJM/index.asp 324 editor@iaeme.com International Journal of Management (IJM) Volume 11, Issue 7, July 2020, pp. 324-332, Article ID: IJM_11_07_031 Available online at http://www.iaeme.com/IJM/issues.asp?JType=IJM&VType=11&IType=7 ISSN Print: 0976-6502 and ISSN Online: 0976-6510 DOI: 10.34218/IJM.11.7.2020.031 © IAEME Publication Scopus Indexed ALLOCATION OF FUNDS USING MARKOWITZ MODEL FOR AUGMENTING RETURNS (WITH REFERENCE TO SAME KIND) K. R. R. Gandhi Professor, Faculty of Management, GIM, GITAM - Gandhi Institute of Technology and Management - Deemed to be University (V), Andhra Pradesh, India Dr. Sakha Gangadhara Rama Rao Assistant Professor, Department of Finance, GIM, GITAM - Gandhi Institute of Technology and Management - Deemed to be University (V), Andhra Pradesh, India S.S. Prasada Rao Professor, Faculty of Management, GIM, GITAM - Gandhi Institute of Technology and Management - Deemed to be University (V), Andhra Pradesh, India ABSTRACT This paper will address three significant and helpful perspectives to financial specialists and consultants of stocks. The first is determination of first- and second- best stocks of same kind, the subsequent one is dispensing assets in chose assets, and last one is checking the immaculateness of the Markowitz model with presence of mind. Key words: Absolute return, SS Ratio’s, Python model, Markowitz model Cite this Article: K.R.R. Gandhi, Dr. Sakha Gangadhara Rama Rao and S.S. Prasada Rao, Allocation of Funds using Markowitz Model for Augmenting Returns (with Reference to same Kind), International Journal of Management, 11(7), 2020, pp. 324-332. http://www.iaeme.com/IJM/issues.asp?JType=IJM&VType=11&IType=7 1. INTRODUCTION We as a whole realize that, determination of the stock is significant for financial specialists. By and large, speculators look for master feeling before investing. Truth be told, a portion of the people will consider the fundamental analysis [1] of stocks with their tools. The inquiry is that, realizing best execution of stock is similarly significant as distributing the assets in different distinguished stocks. At the point when we distinguish best gainful stocks dependent