The newest freefincal Fairness Mutual Fund Efficiency Screener is now out there. Use it to display screen for fairness mutual funds that persistently carry out. You’ll be able to display screen based mostly on fund class & benchmark to establish mutual funds that provide greater returns than the benchmark whereas sustaining decrease threat. Inside, you get discounted hyperlinks to our robo advisory device and two programs: Methods to get individuals to pay on your expertise (aka earn from expertise) and the lectures on goal-based portfolio administration.
We do all of the arduous work of analysing 400+ fairness funds versus a number of benchmarks for you, and supply rolling returns, rolling draw back seize, rolling upside seize, and the rolling Ulcer Index information (all defined under in easy phrases).
Use this screener file to shortly establish the best-performing fairness funds amongst 400+ funds which have persistently outperformed class benchmarks/indices, providing enough draw back safety (improved efficiency when the index is down) and robust upside efficiency (improved efficiency when the index is up).
Be aware: All the time assessment the fund’s historical past. See if its funding mandate was completely different previously. If that’s the case, then previous efficiency doesn’t matter!
Notably, this fairness screener has usually been utilized by us and plenty of different readers to display how few energetic funds outperform the index, highlighting the advantages of indexing. These articles are from the archive, and present efficiency numbers could differ.
Whereas we strongly advocate index funds, we additionally recognise that many individuals favor energetic funds. Due to this fact, it is very important present a screener that’s grounded in actuality. Greater than 15,000 readers use this screener.
Energetic funds or passive funds are a tertiary consideration in comparison with a correct goal-based monetary plan. Additionally see Energetic vs passive investing: the bottom actuality
We advocate the next for many who favor energetic funds.
- Choose the classes first and construct a well-diversified, but minimal, portfolio. Examples: one flexicap fund, one aggressive hybrid fund, one large- and mid-cap fund, one large-cap and one mid-cap fund, and so forth. If you’re not clear about this, then additional screening is of little use.
- Keep away from a “this or that method—for instance, one energetic fund plus one passive fund.
- Don’t count on energetic funds to outperform persistently. Be able to face lengthy intervals of underperformance. If you happen to can not deal with this, a passive fund is the superior alternative.
- Don’t choose stars or investor favourites! Select a quiet, cheap performer who doesn’t get a lot consideration.
- Search for average and constant outperformance. Solid a large web with a number of funds in your shortlist.
- Have the conviction to decide on one. However be sure you learn the fund’s supply paperwork to grasp its technique. I personally favor funds from well-established AMCs.
- By no means go by easy trailing returns. That’s by latest outperformance.
- Search for a fund that persistently underperforms the market. Many such funds additionally are usually outperformers by way of their returns. See” Unusual, however true! How mutual funds beat the index!
What does this Fairness Mutual Fund Efficiency Screener cowl?
It offers you three outputs:
- Rolling return outperformance consistency: The fund’s returns are in contrast with class benchmark returns over each potential 1-year, 2-year, 3-year, 4-year, and 5-year interval. The upper the consistency of outperformance, the higher. Suppose 876 fund returns had been in contrast with 876 benchmark returns, and the fund has crushed the benchmark 675 instances. The consistency rating might be 675/876 ~ 77%.
- Upside efficiency consistency over each potential 1Y, 2Y, 3Y, 4Y, and 5Y: The upper, the higher. A rating of 70% signifies that 7 out of 10 instances, the fund carried out higher than the class benchmark when the benchmark elevated. This can be a measure of reward.
- Draw back efficiency consistency over each potential 1Y, 2Y, 3Y, 4Y, and 5Y: The upper, the higher. A rating of 60% signifies that the fund outperformed the class benchmark in 6 out of 10 cases when the benchmark declined. This can be a measure of threat safety.
When to make use of this mutual fund screener
I like to recommend utilizing this file solely after finishing the next steps: Outline want and length —-> Determine asset allocation (you should utilize our robo advisor device) —-> Determine product class (use this guideline for mutual funds) —-> Then apply this screener for fairness funds. If you happen to open the screener file, you see column headings like this.
the fund class, benchmark, Fund title, variety of 1Y returns of the benchmark(index), variety of 1Y returns of the fund, variety of instances the fund’s 1Y return is above the index’s 1Y return, the 1Y rolling return consistency, upside efficiency consistency and draw back safety consistency. These columns are repeated for 2Y, 3Y, 4Y, and 5Y. Now, you’ll be able to display screen by filtering out funds with return outperformance consistency of >=70%, a draw back safety consistency of >= 70% and so forth. As proven under, you are able to do this manually with the Excel filter and macro buttons. 
Benchmarks Used
These are benchmarks closest to the fund kind and are utilized by many funds in every class.
| Class | Benchmark |
| Aggressive Hybrid Fund | Nifty 100 TRI, CRISIL 65:35 Aggressive Hybrid Index, Nifty 100 Low Volatility 30 TRI |
| Contra Fund | Nifty 100 TRI, Nifty 100 Low Volatility 30 TRI |
| Dividend Yield Fund | Nifty 100 TRI, Nifty 100 Low Volatility 30 TRI |
| Giant Cap Fund | Nifty 100 TRI, Nifty 100 Low Volatility 30 TRI |
| ELSS | Nifty 100 TRI |
| Focussed Fund | Nifty Largemidcap 250 TRI, N200TRI |
| Giant & Mid Cap Fund | Nifty Largemidcap 250 TRI, N200TRI |
| Multi-Cap Fund | Nifty Largemidcap 250 TRI, N200TRI |
| Flexi-Cap Fund | NIFTY 500 Multicap 50:25:25 TRI, Nifty Largemidcap 250 TRI, N200TRI |
| Sectoral/ Thematic | Nifty Largemidcap 250 TRI, Nifty 100 Low Volatility 30 TRI |
| Worth Fund | Nifty Largemidcap 250 TRI, Nifty 100 Low Volatility 30 TRI |
| Mid Cap Fund | NiftyMidcap150TRI, Nifty Midcap 150 High quality 30 TRI |
| Small Cap Fund | NiftyMidcap150TRI, Nifty Midcap 150 High quality 30 TRI, Nifty Smallcap 250 High quality 50 TRI |
NIfty Largemidcap 250 has 50% of the Nifty 100 and 50% of the Nifty Midcap 150.
Display for funds with returns greater than the benchmark with decrease threat
Reward measure: Rolling returns outperformance consistency.
Rolling returns are a simple measure of how persistently a fund has outperformed its benchmark. Take, for instance, the HDFC Prime 100 Fund (graph under) vs Nifty 50 TRI between January 1, 2013, and Could 15, 2024. There are 1567 5-year rolling returns. If the returns for every of those durations are plotted for the fund and the index collectively, we are going to get a graph like this.
The fund has outperformed the index 649 instances out of 1567. Thus, the rolling return outperformance consistency over seven years is 649/1567 = 41.4%, indicating poor efficiency. A constant performer ought to beat the index at the very least 60% to 70% of the time. So, the upper the rolling return outperformance consistency, the higher.
Reward and Threat Measure: Upside Efficiency & Draw back Seize
- Upside efficiency consistency over each potential 1Y, 2Y, 3Y, 4Y, and 5Y: The upper, the higher. A rating of 70% signifies that 7 out of 10 instances, the fund carried out higher than the class benchmark when the benchmark elevated. This can be a measure of reward.
- Draw back efficiency consistency over each potential 1Y, 2Y, 3Y, 4Y, and 5Y: The upper, the higher. A rating of 60% signifies that 6 out of 10 instances, the fund carried out higher than the class benchmark when the benchmark was shifting down. This can be a measure of threat safety.
If you happen to want to perceive how these are calculated, please learn this: Introduction to Draw back and Upside Seize Ratios and proceed to this one, for instance. For some funds, a excessive draw back seize consistency will result in higher returns; for some funds, a excessive upside seize consistency will result in higher returns. The screener may help distinguish between the 2 forms of performers. Advocate studying: What’s mutual fund draw back safety, and why is it essential?
Methods to use the Fairness Mutual Fund Efficiency Screener
There are a number of methods to display screen for mutual funds. I’ll talk about two examples. If you’re investing with a transparent technique, it’s best to know which fund class to decide on. So, step one is to pick the class. You’ll be able to both use the macro buttons (prime proper),
Or you are able to do this manually:
Then, methodology A: Set the 3Y and 5Y rolling return outperformance consistency to be above 70%. That ought to offer you a pleasant, quick record to select from. Then, you’ll be able to visually search for funds with the precise draw back safety consistency and choose one. Methodology B: Search for funds with 70%+ draw back safety and constant efficiency over 3Y and 5Y, and select one. Bear in mind, by no means set slim filters and don’t be too demanding. Choosing the fund with the most effective previous efficiency is an indication of plain immaturity. Your screening standards ought to yield 5-6 funds always. Why ought to I take advantage of this screener? Why can’t I have a look at trailing returns and display screen? Trailing returns are 3Y or 5Y returns calculated with the final enterprise date (3Y and 5Y prior). This is only one information level to think about. Right here, we discover much more to find out consistency.
Extra Threat vs Extra Return Screener
Right here, you’ll be able to display screen for funds with extra return > 0 within the final 1,2,3,4,5 12 months trailing intervals. This implies the fund return is larger than the index return. You may as well add extra threat < 0 filters for a similar intervals. Because of this the fund threat is lower than the index threat. Therefore, the surplus threat is detrimental. Each screenshots are proven under.
The above screenshot is for extra return >0, and the one under is for extra threat < 0
The concept right here is to search out funds which have crushed the index by way of greater returns (extra return >0) and decrease threat (extra threat <0) within the final 1,2,3,4,5 12 months interval. You’ll be able to chill out it to three, 4, or 5-year intervals if you want.
Instance:
Axis Progress Alternatives Fund – Direct Plan – Progress
vs N200TRI
- Trailing Benchmark Return 5Y: 24.059%
- Trailing Fund Return 5Y: 26.931%
- Extra return 5Y: 2.872% (optimistic extra return is sweet!)
- Index customary deviation (NAV volatility) 5Y: 4.658%
- Fund customary deviation 5Y: 4.524%
- Extra threat of the scheme 5Y -0.134% (detrimental extra threat is sweet!)
So, over the past 5 years, the fund has considerably outperformed the index with decrease NAV volatility.
The concept right here is to search out funds which have crushed the index by way of greater returns (extra return >0) and decrease threat (extra threat <0) within the final 1,2,3,4,5 12 months interval. You’ll be able to chill out it to three, 4, or 5-year intervals if you want.
Ulcer Rating: Draw back threat consistency
As of October 2025, the screener could have a brand new sheet titled “Ulcer Rating.” This can be a measure of the 90-day rolling Ulcer Index over 1, 2, 3, 4, 5, 6, 7, 8, 9, and 10 years. The Ulcer Index is a measure of how a lot a fund or index has declined from its peak. The Ulcer rating is computed by evaluating the Ulcer index of the fund and the benchmark. For extra particulars, see Evaluating Mutual Fund Draw back Threat with the Ulcer Index. Additionally see: We’re nonetheless ready for an Aggressive Hybrid Index Fund.
The Ulce Index is the typical drawdown and the Ulcer rating is a comparability of fund and benchmark drawdowns
If the fund persistently fell (from a peak) decrease than the benchmark over a given interval, the Ulcer rating might be excessive—the upper the rating, the higher. The upper the Ulcer rating, the anxious the fund was for the investor holding it.
Traders can first display screen for funds with persistently excessive ulcer scores after which search for robust rolling return efficiency. Alternatively, our earlier suggestion of first on the lookout for constant draw back seize after which rolling return efficiency nonetheless stands.
Methods to display screen for the most effective fairness funds
Essential Info
- This screener prices Rs. 175 and is supposed for private use solely.
- Inside, you’ll get a reduced hyperlink to our robo advisory device and our two programs: Methods to get individuals to pay on your expertise (aka earn from expertise) and the lectures on goal-based portfolio administration.
- The price is just for the info within the sheet.
- You’re going to get a zipped file. It has one Excel file with macros. To make use of the automated screener, it’s essential to allow macros. If macros are disabled otherwise you wish to use them on Google Sheets or elsewhere, the plain information will nonetheless be out there. The plain information file can be utilized on any spreadsheet.
- Whereas freefincal will do its finest to publish up to date screener sheets every month, it can not assure the identical.
- The file accommodates no purchase or promote suggestions and solely has the abovementioned information.
- Sufficient care and energy have been put into hunting down errors. Nonetheless, we can not assure that the sheet is error-free.
- The customer must analysis utilizing the knowledge within the spreadsheet. No suggestions or help are included within the sheet and won’t be offered individually.
- We won’t present any additional assist or help in utilizing the sheet.
- The sheet bought is for private use solely and shouldn’t be shared, both privately or publicly. A purchase order implies that you simply comply with the phrases within the Essential Info part.
- Help electronic mail: freefincal [at] gmail [dot] com
Click on right here to pay Rs. 175 and obtain (instantly) the newest Freefincal Fairness Mutual Fund Screener.
Are you dwelling exterior India? You’ll be able to pay through this PayPal hyperlink (5 USD) and electronic mail freefincal at Gmail.
Need a debt fund screener? Get the newest Debt mutual fund screener.
Do share this text with your pals utilizing the buttons under.
Use our Robo-advisory Instrument to create a whole monetary plan! ⇐Greater than 3,000 traders and advisors use this! Use the low cost code: robo25 for a 20% low cost. Plan your retirement (early, regular, earlier than, and after), in addition to non-recurring monetary objectives (equivalent to baby schooling) and recurring monetary objectives (like holidays and equipment purchases). The device would assist anybody aged 18 to 80 plan for his or her retirement, in addition to six different non-recurring monetary objectives and 4 recurring monetary objectives, with an in depth money stream abstract.
🔥You may as well avail large reductions on our programs and the freefincal investor circle! 🔥& be part of our neighborhood of 8000+ customers!
Observe your mutual funds and inventory investments with this Google Sheet!
We additionally publish month-to-month fairness mutual funds, debt and hybrid mutual funds, index funds, and ETF screeners, in addition to momentum and low-volatility inventory screeners.
You’ll be able to observe our articles on Google Information
We have now over 1,000 movies on YouTube!
Be a part of our WhatsApp Channel
Podcast: Let’s Get RICH With PATTU! Each single Indian CAN develop their wealth!
You’ll be able to watch podcast episodes on the OfSpin Media Associates YouTube Channel.
🔥Now Watch Let’s Get Wealthy With Pattu தமிழில் (in Tamil)! 🔥
- Do you may have a remark in regards to the above article? Attain out to us on Twitter: @freefincal or @pattufreefincal
- Have a query? Subscribe to our e-newsletter utilizing the shape under.
- Hit ‘reply’ to any electronic mail from us! We don’t supply personalised funding recommendation. We will write an in depth article with out mentioning your title in case you have a generic query.
Be a part of 32,000+ readers and get free cash administration options delivered to your inbox! Subscribe to get posts through electronic mail! (Hyperlink takes you to our electronic mail sign-up kind)
About The Writer
Dr M. Pattabiraman (PhD) is the founder, managing editor and first creator of freefincal. He’s an affiliate professor on the Indian Institute of Know-how, Madras. He has over 13 years of expertise publishing information evaluation, analysis and monetary product growth. Join with him through Twitter(X), LinkedIn, or YouTube. Pattabiraman has co-authored three print books: (1) You will be wealthy too with goal-based investing (CNBC TV18) for DIY traders. (2) Gamechanger for younger earners. (3) Chinchu Will get a Superpower! for teenagers. He has additionally written seven different free e-books on varied cash administration subjects. He’s a patron and co-founder of “Payment-only India,” an organisation selling unbiased, commission-free, AUM-independent funding recommendation.
Our flagship course! Study to handle your portfolio like a professional to attain your objectives no matter market circumstances! ⇐ Greater than 3,500 traders and advisors are a part of our unique neighborhood! Get readability on how you can plan on your objectives and obtain the mandatory corpus irrespective of the market situation!! Watch the primary lecture without cost! One-time fee! No recurring charges! Life-long entry to movies! Cut back concern, uncertainty and doubt whereas investing! Learn to plan on your objectives earlier than and after retirement with confidence.
Enhance your earnings by getting individuals to pay on your expertise! ⇐ Greater than 800 salaried staff, entrepreneurs and monetary advisors are a part of our unique neighborhood! Learn to get individuals to pay on your expertise! Whether or not you’re a skilled or small enterprise proprietor in search of extra purchasers by means of on-line visibility, or a salaried particular person on the lookout for a aspect earnings or passive earnings, we are going to present you how you can obtain this by showcasing your expertise and constructing a neighborhood that trusts and pays you. (watch 1st lecture without cost). One-time fee! No recurring charges! Life-long entry to movies!
Our e book for teenagers: “Chinchu Will get a Superpower!” is now out there!
Most investor issues will be traced to a scarcity of knowledgeable decision-making. We made dangerous selections and cash errors once we began incomes and spent years undoing these errors. Why ought to our youngsters undergo the identical ache? What is that this e book about? As dad and mom, what wouldn’t it be if we needed to groom one potential in our youngsters that’s key not solely to cash administration and investing however to any facet of life? My reply: Sound Determination Making. So, on this e book, we meet Chinchu, who’s about to show 10. The narrative revolves round what he desires for his birthday and the way his dad and mom plan for it, in addition to instructing him a number of key concepts of decision-making and cash administration. What readers say!
Should-read e book even for adults! That is one thing that each mother or father ought to train their youngsters proper from their younger age. The significance of cash administration and determination making based mostly on their desires and desires. Very properly written in easy phrases. – Arun.
Purchase the e book: Chinchu will get a superpower on your baby!
Methods to revenue from content material writing: Our new e-book is for these serious about getting a aspect earnings through content material writing. It’s out there at a 50% low cost for Rs. 500 solely!
Do you wish to examine if the market is overvalued or undervalued? Use our market valuation device (it’ll work with any index!), or get the Tactical Purchase/Promote timing device!
We publish month-to-month mutual fund screeners and momentum, low-volatility inventory screeners.
About freefincal & its content material coverage. Freefincal is a Information Media organisation devoted to offering unique evaluation, reviews, opinions and insights on mutual funds, shares, investing, retirement and private finance developments. We accomplish that with out battle of curiosity and bias. Comply with us on Google Information. Freefincal serves greater than three million readers a 12 months (5 million web page views) with articles based mostly solely on factual info and detailed evaluation by its authors. All statements made might be verified with credible and educated sources earlier than publication. Freefincal doesn’t publish paid articles, promotions, PR, satire or opinions with out information. All opinions might be inferences backed by verifiable, reproducible proof/information. Contact Info: To get in contact, please use our contact kind. (Sponsored posts or paid collaborations won’t be entertained.)
Join with us on social media
Our publications
You Can Be Wealthy Too with Purpose-Primarily based Investing
Revealed by CNBC TV18, this e book is designed that can assist you ask the precise questions and discover the right solutions. Moreover, it comes with 9 on-line calculators, permitting you to create customized options tailor-made to your life-style. Get it now.
Gamechanger: Neglect Startups, Be a part of Company & Nonetheless Reside the Wealthy Life You Need
This e book is designed for younger earners to get their fundamentals proper from the beginning! It should additionally assist you journey to unique locations at a low value! Get it or reward it to a younger earner.
Your Final Information to Journey
That is an in-depth exploration of trip planning, together with discovering inexpensive flights, price range lodging, and sensible journey ideas. It additionally examines the advantages of travelling slowly, each financially and psychologically, with hyperlinks to related net pages and steering at each step. Get the PDF for Rs 300 (on the spot obtain)
