Downside Volatility Ranking

Scheme Name AMC Name Launch Date 3 years Volatility Quartile Rank
Aditya Birla Sun Life Equity Fund - Growth - Regular Plan ABSLMF 14-08-1998 25.97 Lower Middle Quartile
Axis Multicap Fund - Regular Plan - Growth | Invest Online AxisMF 05-11-2017 11.57 Top Quartile
BARODA MULTI CAP FUND - Plan A - Growth Option BarodaMF 12-09-2003 20.69 Upper Middle Quartile
BNP PARIBAS MULTI CAP Fund-Growth Option BNPMF 15-09-2005 20.56 Upper Middle Quartile
Canara Robeco Equity Diversified Fund - Regular Plan - Growth CanaraMF 16-09-2003 16.77 Top Quartile
DSP Equity Fund - Regular Plan - Growth DSPMF 29-04-1997 16.0 Top Quartile
Edelweiss Multi-Cap Fund - Regular Plan - Growth Option EdelweissMF 05-01-2015 25.63 Lower Middle Quartile
Franklin India Equity Fund - Growth FranklinMF 29-09-1994 30.81 Bottom Quartile
HDFC Equity Fund - Growth Option HDFCMF 01-01-1995 35.81 Bottom Quartile
HSBC Multi Cap Equity Fund - Growth HSBCMF 24-02-2004 27.61 Bottom Quartile
ICICI Prudential Multicap Fund - Growth ICICIMF 01-10-1994 31.55 Bottom Quartile
IDBI Diversified Equity Fund Growth Regular IDBIMF 28-03-2014 16.93 Top Quartile
IDFC Multi Cap Fund-Regular Plan-Growth IDFCMF 14-09-2005 22.55 Upper Middle Quartile
Invesco India Multicap Fund - Growth Option InvescoMF 17-03-2008 18.65 Upper Middle Quartile
JM Multicap Fund - Growth option JMMF 23-09-2008 17.02 Top Quartile
Kotak Standard Multicap Fund - Growth KotakMF 05-09-2009 27.44 Bottom Quartile
L&T Equity Fund-Regular Plan-Growth L&TMF 16-05-2005 26.1 Lower Middle Quartile
LIC MF Multicap Fund-Regular Plan-Growth LICMF 15-04-1993 18.86 Upper Middle Quartile
Mahindra Manulife Multi Cap Badhat Yojana - Regular Plan - Growth MahindraManulifeMF 05-05-2017 17.77 Upper Middle Quartile
Motilal Oswal Multicap 35 Fund (MOF35)-Regular Plan-Growth Option MotilalMF 08-04-2014 24.0 Lower Middle Quartile
Nippon India Multi Cap Fund-Growth Plan-Growth Option NipponIndiaMF 25-03-2005 39.98 Bottom Quartile
Parag Parikh Flexi Cap Fund - Regular Plan - Growth PPFASMF 05-05-2013 17.25 Top Quartile
PGIM India Diversified Equity Fund - Regular Plan - Growth Option PGIMIndiaMF 05-02-2015 19.96 Upper Middle Quartile
Principal Multi Cap Growth Fund-Growth Option PrincipalMF 25-10-2000 25.62 Lower Middle Quartile
Quant Active Fund-GROWTH OPTION QuantMF 21-03-2001 23.61 Lower Middle Quartile
SBI Magnum Multicap Fund - Regular Plan -Growth Option | Invest Online SBIMF 05-09-2005 25.98 Lower Middle Quartile
Taurus Starshare (Multi Cap)Fund - Regular Plan - Growth Option TaurusMF 29-01-1994 29.7 Bottom Quartile
Union Multi Cap Fund - Growth Option UnionMF 10-06-2011 20.23 Upper Middle Quartile
UTI - Equity Fund-Growth Option UTIMF 05-08-2005 17.74 Top Quartile

Quartile rankings are a measure of how well a mutual fund has performed against all other funds in its category. The rankings range from "Top Quartile" to "Bottom Quartile" for all time periods covered in our drop down menu above. Mutual funds with the lowest volatility in the chosen time period are assigned to "Top Quartile", whereas those with the highest volatility are assigned to "Bottom Quartile". Volatility of a fund is a measure of returns fluctuation and is measured in terms of annualized standard deviation of monthly rolling returns over the period selected by the user (from the drop down menu). Volatility can be good or bad. If price (NAV) of a fund increases rapidly, the volatility of the fund will increase, but this is "good volatility". If price (NAV) of a fund falls rapidly, the volatility of the fund will also increase, however, this is "bad volatility". "Downside volatility" measures the fluctuations of monthly returns in the months when the NAVs fall; hence it is a measure of "bad volatility". Quartile rankings are compiled by sorting funds in ascending order of "downside volatilities", or in other words, "bad volatility". Funds in the top 25% are assigned the ranking of "Top Quartile", the next 25% are assigned a ranking of "Upper Middle Quartile", the next 25% after that are assigned a ranking of "Lower Middle Quartile" and the lowest 25% are assigned the ranking of "Bottom Quartile".

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