Here is the August 2016 list of equity mutual fund lump sum and SIP returns; upside capture, downside capture and capture ratios over 1,2,3,4,5,6,7,8,9 year periods.
I am slowly developing a portal that lists mutual fund metrics for screening/analysis with a monthly update.
The seeds for this were sown earlier with a listing of downside capture ratio of all mid-cap equity mutual funds and the publication of a tool to compare your mid-cap fund performance with category peers.
Pranav Date played a key role in making this listing possible. He wrote a code to match the Value Research fund name and category with appropriate AMFI scheme code. This is a crucial step as it would be very difficult to manually do this for 387 equity funds.
The next step is to assign a benchmark for each category. This is controversial as one can argue that the upside and downside capture ratios should be calculated only with the benchmark used by the AMC. However, considering that we are going to relatively evaluate them, using one benchmark per category is not a terrible idea, as long as the choice is reasonable.
I will leave it you to judge if these choices are okay. If there are objections, I am happy to re-calculate with a revised benchmark. More total returns indices have been added this month.
|Banking||EQ-BANK||CNX Bank Nifty|
|Infrastructure funds||EQ-INFRA||CNX Infra|
|IT funds||EQ-IT||CNX IT|
|Large Cap||EQ-LC||Nifty Value 20|
|Multi Cap||EQ-MLC||Nifty Low Volatility 50|
|Pharma||EQ-PH||BSE Healthcare TRI|
|Small Cap||EQ-SC||BSE Small Cap TRI|
|Tax planning or ELSS||EQ-TP||Nifty Low Volatility 50|
You can read more about the choice of benchmarks here: Nifty Strategy Indices as Mutual Fund Benchmarks
Out of the 287 equity funds, data for 34 funds could not be calculated (this list can be found along with the full list). Out of this 34, 14 of them are ETFs. I shall try and reduce this number in future releases.
Here are a couple of screenshots
Users can use the sort option to list only the category that they want.
Do let me know if you have any feedback.