Authors

1. Dr. Mani Bhatia
2. Tanya Gupta

Affiliation

• Associate Professor, IIS (deemed to be University), School of Commerce, Jaipur
• Research Scholar, IIS (deemed to be University), Jaipur

Abstract

Due to the limited availability of comprehensive summaries within the existing literature, this systematic review and bibliometric analysis aim to provide both quantitative and qualitative insights into the evolving domain of risk in portfolio creation. Portfolio construction seeks to identify an optimal combination of securities and other investment instruments to maximize returns while minimizing overall risk. This study offers an extensive evaluation of the literature on risk analysis in portfolio creation using bibliometric techniques. It incorporates a mapping of 1,274 research articles indexed in the Scopus database and published between 2000 and 2024. The review examines emerging trends across subject areas, contributing countries, influential institutions, and highly cited publications that have significantly shaped scientific progress in this field. Based on the top 50 research papers-each employing various risk measures for portfolio development-the findings are organized into eight major categories: publication year, subject area, document type, country, authors, and keywords. The results of this study provide valuable guidance for academic scholars, regulators, and policymakers in understanding the fundamental aspects of risk in portfolio creation and in identifying critical areas that warrant further research.

Keywords

Portfolio Creation, Cluster analysis, Bibliometric Analysis, Systematic literature review.

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