Download New Versions: Mutual Fund Lump sum & SIP Screeners

Published: July 17, 2018 at 9:24 am

Download new versions of the mutual fund lump sum and SIP screeners that pull & analyze data from Value Research. The new VR fund categories have been incorporated. Since many funds have changed after the SEBI recategorization, users must check (in the sheet) if the fund is rate or not. If the fund is unrated, then in VR’s opinion the change in the fund is too big to ignore past data. Therefore for presently unrated funds, this screener should not be used.

If the fund is rated, then it is VR’s opinion (even though the fund may have announced a fundamental change in strategy) that the fund has not changed drastically. In such a case, past performance may be considered. Please note that I am not asking you to take the rating seriously, but asking you to check if a rating is issued or not.

Before we begin, to avoid confusion, there are three different screener files available:

1 Lump Sum screener based on annual returns (data from VR) – the latest version in this post and is an Excel file

2 SIP Screener based on trailing SIP returns (data from VR) – the latest version in this post and is a Google Spreadsheet.  Ramesh Vijayaraghavan made some modifications to simplify usage.

3 Monthly Outperformance consistency screener (data from AMFI and VR) – this is published each month. Last was in Jan 2018 and next one in the coming days. This is check for outperformance against a category benchmark.

Lump Sum screener based on annual returns

This pulls annual returns (Jan 1st to Dec 31s) from VR and does the following:

1: If you give a reference rank of 15 (variable), it will tell how consistent funds have got a better rank when 1,2,3,4,5,6,7,8,9,10,11,12 year returns (based on annual returns) are considered.

2: How consistently funds have got a 1,2,3,4,5,6,7,8,9,10,11,12 year return that is better than the corresponding duration median. The median simply divides a data distribution into two – bottom half and top half. For distributions that are not “bell shaped”, the median is a better measure than the mean or the average.

3: It now includes 1,3,5,10Y trailing returns data. Trailing return means return from last business day to 1Y/3Y before etc. So this will change each business day. You can check if the fund is rated or not in this sheet. If not rated, then this screener has no meaning.

4: In the evaluate sheet you can compare the 1,2,3,4,5,6,7,8,9,10,11,12 Y returns of funds in any category with any index fund or ETF. Earlier indices were available for comparison. I have no replaced that with index funds or ETFs. This is more realistic (at least for index funds) as expenses are included.

5: You can also compare annual returns of funds with any index fund or ETF. This gives you a measure of how the fund fared when returns were negative. You can find this in the downside protection sheet.

6: In the shortlist-3 sheet, you can check how consistently the funds annual return (last 12Y) has fared above the median annual return.

The following is a user guide.

NOTE: Before using the sheet, you must log in into VR via the Excel sheet. See this can be done here


Download the freefincal mutual fund screener version 7


SIP Screener (Google Sheets)

Thanks to Ramesh Vijayaraghavan, all you need to do is, select a fund category, and wait for the sheet to execute and display results. You can enter a SIP return rank and make the screener diplay X no of funds that have a better rank than say, 10 or 5. Theannuall retun based CAGR is also available in this sheet and can be used to spot funds that have consistently beat the category average (did not replace this with the median as yet).

Follow this link make a copy in your G-drive to use. If you share the sheet, ensure that the screener source is mentioned as freefincal  and data source as Value Research.

Do share if you found this useful

Share your thoughts on this topic in our  YouTube Community

Use our Robo-advisory Excel Template for a start-to-finish financial plan!

Join our courses in exclusive Facebook Groups!

  • 500+ members are now part of our new course, How to get people to pay for your skills! (watch 1st lecture for free). Learn how to get people to pay for your skills! Whether you are a professional or small business owner wanting more clients via online visibility or a salaried person wanting a side income or passive income, we will show how to achieve by showcasing your skills, building a community that trusts you and pays you!
  • 1822 members have signed for Goal-based portfolio management (watch 1st lecture for free). This is an online course to reduce fear, uncertainty and doubt while investing for a financial goal. Learn how to plan for your goals before and after retirement with confidence.

Want to check if the market is overvalued or undervalued? Use our market valuation tool (will work with any index!) or you buy the new Tactical Buy/Sell timing tool!
We publish mutual fund screeners and momentum, low volatility stock screeners on a monthly basis
About the Author Pattabiraman editor freefincalM. Pattabiraman(PhD) is the founder, managing editor and primary author of freefincal. He is an associate professor at the Indian Institute of Technology, Madras. since Aug 2006. Connect with him via Twitter or Linkedin Pattabiraman has co-authored two print-books, You can be rich too with goal-based investing (CNBC TV18) and Gamechanger and seven other free e-books on various topics of money management. He is a patron and co-founder of “Fee-only India” an organisation to promote unbiased, commission-free investment advice. He conducts free money management sessions for corporates and associations on the basis of money management. Previous engagements include World Bank, RBI, BHEL, Asian Paints, Cognizant, Madras Atomic Power Station, Honeywell, Tamil Nadu Investors Association, IIST Alumni Association. For speaking engagements write to pattu [at] freefincal [dot] com
About freefincal & its content policy Freefincal is a News Media Organization dedicated to providing original analysis, reports, reviews and insights on developments in mutual funds, stocks, investing, retirement and personal finance. We do so without conflict of interest and bias. Follow us on Google News Freefincal serves more than one million readers a year (2.5 million page views) with articles based only on factual information and detailed analysis by its authors. All statements made will be verified from credible and knowledgeable sources before publication. Freefincal does not publish any kind of paid articles, promotions or PR, satire or opinions without data. All opinions presented will only be inferences backed by verifiable, reproducible evidence/data. Contact information: letters {at} freefincal {dot} com (sponsored posts or paid collaborations will not be entertained)
Connect with us on social media
Our publications

You Can Be Rich Too with Goal-Based Investing

You can be rich too with goal based investingPublished by CNBC TV18, this book is meant to help you ask the right questions, seek the right answers and since it comes with nine online calculators, you can also create custom solutions for your lifestyle! Get it now. It is also available in Kindle format.
Gamechanger: Forget Startups, Join Corporate & Still Live the Rich Life You Want Gamechanger: Forget Start-ups, Join Corporate and Still Live the Rich Life you wantThis book is meant for young earners to get their basics right from day one! It will also help you travel to exotic places at low cost! Get it or gift it to a young earner

Your Ultimate Guide to Travel

Travel-Training-Kit-Cover-new This is a deep dive analysis into vacation planning, finding cheap flights, budget accommodation, what to do when travelling, how travelling slowly is better financially and psychologically with links to the web pages and hand-holding at every step. Get the pdf for Rs 199 (instant download)
Free android apps