Use this tool to analyse the consistency in performance of your mutual fund holdings with respect to their benchmarks (43 indices from BSE and NSE). You can also use this to evaluate new funds that you want to invest in. This is the fourth version of the Rolling returns calculator The present version is an offshoot of the Multi-Index Mutual Fund SIP/Lump Sum Returns Analyzer
The following Indices are available for comparison:
BSE Sensex, Cnx Nifty, BSE Small Cap, BSE Mid cap, BSE 100, BSE 200, BSE 500, NSE Mid cap, Nifty Junior, CNX Midcap 50, CNX 100, CNX 500, and many more sectoral indices obtained from Moneycontrol with this tool: Download Historical Data of BSE and NSE Indices
Let us now briefly discuss why a rolling return calculation is important.
Suppose we would like to know, how consistent a mutual fund has performed, how often has it performed better or worse than its benchmark (or a closely related index), how would be go about it?
In a rolling returns calculation, the key output is the frequency of outperformance.
The present version allows evaluating how often the fund has outperformed its benchmark in the interval chosen for analysis. Thus rolling returns analysis allows us to evaluate the consistency in the funds performance over different market conditions.
Note: Rolling returns analysis is useful but understanding market volatility is more important.
Evaluating rolling returns for last 1-2 years or more only makes little sense to me. That is you will need to look at a wider time intervals and not each quarter or each month.
If you wish to know more what is rolling returns and why one should calculate it, you can consult this post or this article
Trust me, once you start using rolling returns analysis, your perception of mutual fund performance will change.
Here is a list of analysis based on rolling returns
- Mutual Fund Size vs. Performance: A Case Study
- Mutual Fund Analysis:
The following screenshots of the rolling returns calculator illustrate its features
The Input page
Version 5: Download the multi-index rolling returns calculator June 2017
version 4: Download the multi-index rolling returns calculator – Feb 2016
Version 3: Download the multi-index rolling returns calculator – May 2014
Version 2: Download the multi-index mutual fund rolling returns calculator- Aug 2014
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About the Author
M. Pattabiraman is the co-author of two books: You can be rich too with goal based investing and Gamechanger. “Pattu” as he is popularly known, publishes unbiased, promotion-free research, analysis and holistic money management advice. Freefincal serves more than one million readers a year with numbers based analysis on topical issues and has more than a 100 free calculators on different aspects of insurance and investment analysis, including a robo advisory template for use by beginners. Contact information: freefincal {at} Gmail {dot} com He conducts free money management sessions for corporates (see details below). Previous engagements include World Bank, RBI, BHEL, Asian Paints.Content Policy
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thank you for new version. i tested for my funds and got insights.
thank you for new version. i tested for my funds and got insights.
wonderful……………………………..!!!!!!!!!!!
Thank you!
wonderful……………………………..!!!!!!!!!!!
Thank you!
This is very useful calculator. The maximum number of years which can be used for rollover in this file is 8 years. Looking back to sensex, it is more than 30-35 years old and mutual funds is also about the same period. I can understand the difficulty in non supportive data platform in getting the benchmark details.
Can you please update/add/brief on following
1. Roll over for more than 8 years i.e. maximizing the search criteria for equity (30 years or more ) and the same for mutual funds ( possibly since inception date if applicable to few known old MF houses).
Once again thank you very much for providing such a useful platform to decide future investment strategy.
With Regards,
Thank you. Since inception data is not available in the public domain. I can only get it from April 2006. You can get it from specific funds yourself and analyze them using this sheet.
This is very useful calculator. The maximum number of years which can be used for rollover in this file is 8 years. Looking back to sensex, it is more than 30-35 years old and mutual funds is also about the same period. I can understand the difficulty in non supportive data platform in getting the benchmark details.
Can you please update/add/brief on following
1. Roll over for more than 8 years i.e. maximizing the search criteria for equity (30 years or more ) and the same for mutual funds ( possibly since inception date if applicable to few known old MF houses).
Once again thank you very much for providing such a useful platform to decide future investment strategy.
With Regards,
Thank you. Since inception data is not available in the public domain. I can only get it from April 2006. You can get it from specific funds yourself and analyze them using this sheet.
Hi Pattu,
A technical issue that I face when I download this calculator and other such that pick up Data from websites – I use Apple laptop and face bugs while running the macro. Any way out to resolve this? Sorry for a little offbeat question there.
Rgds
Kartick
Not sure what you mean by bugs. I would expect it to not work at all in a Mac!
What I mean is that the macros in general(the one with only formulaes like retirement calculator etc.) works fine, but the ones that involve data download from websites like VRO screws the macro up…would love to have a Mac version of the macros, Pattu sir.
Rgds
Kartick
Can you please try this out and let me know if it works
http://www.ehow.com/how_5757730_convert-mac-excel-windows-excel.html
Hi Pattu,
A technical issue that I face when I download this calculator and other such that pick up Data from websites – I use Apple laptop and face bugs while running the macro. Any way out to resolve this? Sorry for a little offbeat question there.
Rgds
Kartick
Not sure what you mean by bugs. I would expect it to not work at all in a Mac!
What I mean is that the macros in general(the one with only formulaes like retirement calculator etc.) works fine, but the ones that involve data download from websites like VRO screws the macro up…would love to have a Mac version of the macros, Pattu sir.
Rgds
Kartick
Can you please try this out and let me know if it works
http://www.ehow.com/how_5757730_convert-mac-excel-windows-excel.html
Please check if UTI Equity Fund Growth works in this excel using BSE-100 as benchmark.
Start date is 03-04-2006 and period is 9 years, interval = 365 days.
It gives some errors when I try.
Thanks.
Trouble with BSE indices. Use this instead.
http://freefincal.com/mutual-fund-rolling-returns-calculator/
Please check if UTI Equity Fund Growth works in this excel using BSE-100 as benchmark.
Start date is 03-04-2006 and period is 9 years, interval = 365 days.
It gives some errors when I try.
Thanks.
I have not been able to download Fund Data for any of the Calculators (including this one, even for the Fund already appearing in the downloaded Excel File). Data access is enabled and there is vigorous Net activity but I don’t know where the data goes. Even the existing data in the “Fund” Sheet is wiped out due to which other tables and graphs in the other Sheets are also affected.
I must be making some silly mistake. Would you be kind enough to guide me?
Hi Pattu,
When I try to download NAV data, I am getting a message saying there is issue in downloading NAV data and contact you. Could you please let me know how could I resolve this.
Thanks,
Sangeeth
Is there an option of making this a google sheet/doc?
Please update the excel file for rolling return as it is giving error as the number of days have increased beyond mentioned in vba program
Can you please explain your comment, please? I do not follow.