Downside Capture Ratio of all Mid-cap Equity Mutual Funds

I have often written about the importance of downside protection when it comes to mutual fund selection and review. A simple metric that measures this is the downside capture ratio.  Here is a listing of downside capture ratio for all mid-cap equity mutual funds.

A batch processor is also included so that you can compile the list whenever you want.

Downside capture refers to the amount of benchmark losses captured by the fund. That is, a fund which has only captured 60% of benchmark losses is considered better than a fund which has captured 80% of losses. This ratio (expressed as a percentage) is known as downside capture.

Lower the downside capture the better. Sometimes, when the benchmark has moved down, the fund may move up. The  downside capture would then become negative (as it is a ratio). This is quite normal and a ‘good thing’.

More about the downside capture and also the upside capture can be found in the following posts:

Simplify Mutual Fund Analysis with Upside/Downside Capture Ratios

Understanding Upside and Downside Capture ratios

How Mutual Fund Upside and Downside Capture Ratios are calculated.

A visual tool: Mutual Fund Downside Protection Consistency Analysis.

The present batch analyzer is an extension of the Mutual Fund Downside Protection Calculator.

Here are a few screenshots.

Mutual-fund-upside-downside-calculator-1
The blue button is for batch processing.
Mutual-fund-upside-downside-calculator-2
List of all mid-cap funds listed at Value Research as on March 24th 2016 along with their benchmarks.
Mutual-fund-upside-downside-calculator-3
Capture ratio data sheet.

Download capture ratio data for Mid-cap funds (24th Mar. 2016). This will work in Google Sheets and in Mac Numbers and Mac Excel as well.

Download the capture ratio batch analyzer  (requires Win Excel 2007 or above with Macros enabled)

Want to conduct a sales-free "basics of money management" session in your office?
I conduct free seminars to employees or societies. Only the very basics and getting-started steps are discussed (no scary math):For example: How to define financial goals, how to save tax with a clear goal in mind; How to use a credit card for maximum benefit; When to buy a house; How to start investing; where to invest; how to invest for and after retirement etc. depending on the audience. If you are interested, you can contact me: freefincal [at] Gmail [dot] com. I can do the talk via conferencing software, so there is no cost for your company. If you want me to travel, you need to cover my airfare (I live in Chennai)

Connect with us on social media


Do check out my books


You Can Be Rich Too with Goal-Based InvestingYou can be rich too with goal based investing

My first 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 customg solutions for your lifestye!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 want My second 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 youngearner

The ultimate guide to travel by Pranav Surya

Travel-Training-Kit-Cover 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 ₹199 (instant download)

Create a "from start to finish" financial plan with this free robo advisory software template


Free Apps for your Android Phone

All calculators from our book, “You can be Rich Too” are now available on Google Play!
Install Financial Freedom App! (Google Play Store)
Install Freefincal Retirement Planner App! (Google Play Store)
Find out if you have enough to say "FU" to your employer (Google Play Store)

About Freefincal

Freefincal has open-source, comprehensive Excel spreadsheets, tools, analysis and unbiased, conflict of interest-free commentary on different aspects of personal finance and investing. If you find the content useful, please consider supporting us by (1) sharing our articles and (2) disabling ad-blockers for our site if you are using one. We do not accept sponsored posts, links or guest posts request from content writers and agencies.

Blog Comment Policy

Your thoughts are vital to the health of this blog and are the driving force behind the analysis and calculators that you see here. We welcome criticism and differing opinions. I will do my very best to respond to all comments asap. Please do not include hyperlinks or email ids in the comment body. Such comments will be moderated and I reserve the right to delete the entire comment or remove the links before approving them.

2 thoughts on “Downside Capture Ratio of all Mid-cap Equity Mutual Funds

  1. Hi Pattu,

    This is a great value add from you. It is marvelous. Now, I am getting greedy, Can you please have this bulk data for following:
    – Large Cap
    – Ultra Short Term Debt funds

    The second one for Ultra Short term is more important to risk averse people.

    Regards,
    Anjani Singh

  2. Dear Sir,
    This is a very nice one, but I do have a question though.
    Is the benchmark index, total return index meaning with dividends taken into account or just the index and not the TRI.

Comments are closed.