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Can you please let me know measurements criteria & parameters applied while calculating MF returns

Shall appreciate understanding your measurements criteria & parameters applied while calculating scheme performance against benchmark?

Aug 8, 2016 by Dipak Doshi,   |   Mutual Fund

Thanks for writing to us. In the link referenced in your message, the mutual fund schemes are sorted in descending order of trailing returns of the schemes for the period selected by the user. Trailing returns of the schemes are compounded annual growth rate (CAGR) of the NAVs of the schemes over the period selected by the user. For example, if you select a 3 year period, we calculate the CAGR between yesterday’s NAV and the NAV of the scheme exactly three years back. The formula we use for trailing return in % terms = (Current NAV / NAV n years back)^(1/n) – 1, where n is the period selected by the user.

Different schemes, even within the same category, have different benchmarks as specified in their respective scheme information documents (SIDs). If you want to see scheme performance versus benchmark, simply click on the scheme name and you will go to the scheme details page, where you can see performance (trailing returns, annual returns, rolling returns etc.) of the scheme relative to the benchmark.

If you want to see the rolling return of a scheme versus its benchmark, please go to our tool, https://www.advisorkhoj.com/mutual-funds-research/rolling-return-vs-benchmark.

If you want to compare the rolling return performance of multiple schemes versus benchmark, please go to our tool, https://www.advisorkhoj.com/mutual-funds-research/rolling-return-performance-comparison. Please note that, in this tool the benchmark may be different from what is specified in the SIDs. To enable comparison of performance of multiple funds, we have selected a single benchmark for each category, based on CRISIL – AMFI guidance.

Please feel free to write to us, if you have further questions.

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