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Downside Volatility Ranking

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".

Scheme Name Launch Date 3 years Volatility Quartile Rank
Aditya Birla Sun Life Equity Fund - Growth - Regular Plan 27-08-1998 8.9 Upper Middle Quartile
BARODA PIONEER MULTI CAP FUND - Plan A - Growth Option 12-09-2003 17.14 Bottom Quartile
BNP PARIBAS MULTI CAP Fund-Growth Option 15-09-2005 19.68 Bottom Quartile
Canara Robeco Equity Diversified Fund - Regular Plan - Growth 16-09-2003 4.39 Top Quartile
DHFL Pramerica Diversified Equity Fund - Regular Plan - Growth Option 25-02-2015 13.6 Lower Middle Quartile
DSP Equity Fund - Regular Plan - Growth 07-06-2007 11.66 Lower Middle Quartile
Edelweiss Multi-Cap Fund - Regular Plan - Growth Option 27-01-2015 6.59 Top Quartile
Franklin India Equity Fund - Growth 29-09-1994 6.69 Upper Middle Quartile
HDFC Equity Fund - Growth Option 01-01-1995 10.39 Lower Middle Quartile
HSBC Multi Cap Equity Fund - Growth 24-02-2004 12.34 Lower Middle Quartile
ICICI Prudential Multicap Fund - Growth 01-10-1994 2.83 Top Quartile
IDBI Diversified Equity Fund Growth Regular 28-03-2014 3.97 Top Quartile
IDFC Multi Cap Fund-Regular Plan-Growth 15-09-2005 12.95 Lower Middle Quartile
Invesco India Multicap Fund - Growth Option 17-03-2008 10.07 Lower Middle Quartile
JM Multicap Fund - Growth option 23-09-2008 14.62 Bottom Quartile
Kotak Standard Multicap Fund - Growth 11-09-2009 7.68 Upper Middle Quartile
L&T Equity Fund-Regular Plan-Growth 16-05-2005 6.54 Top Quartile
LIC MF Multicap Fund-Regular Plan-Growth 15-04-1993 17.36 Bottom Quartile
Mirae Asset India Equity Fund - Growth Plan 04-04-2008 4.95 Top Quartile
MOF35-Regular Plan-Growth Option 28-04-2014 15.69 Bottom Quartile
Principal Multi Cap Growth Fund-Growth Option 25-10-2000 10.66 Lower Middle Quartile
Reliance Multi Cap Fund-Growth Plan-Growth Option 28-03-2005 7.63 Upper Middle Quartile
SBI Magnum Multicap Fund - Regular Plan -Growth Option | Invest Online 29-09-2005 8.51 Upper Middle Quartile
Taurus Starshare (Multi Cap)Fund - Regular Plan - Growth Option 29-01-1994 16.06 Bottom Quartile
Union Equity Fund - Growth Option 10-06-2011 6.78 Upper Middle Quartile
UTI - Equity Fund-Growth Option 01-08-2005 2.05 Top Quartile
Parag Parikh Long Term Equity Fund - Regular Plan - Growth 28-05-2013 - Top Quartile

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