Mutual Fund Performance Review: IDFC Premier Equity

Last Updated on

The performance of IDFC Premier Equity is reviewed using the upside and downside capture data from MorningStar India along with the returns data at VR. There are have been some concerns about the fund’s recent performance and these were compounded when fund manager Kenneth Andrade left in Sep 2015.

A couple of days ago I had posted a performance review of HDFC equity using the sliding NAV chart at VR. If you have not seen that video, I suggest you do, so that you might consider repeating that exercise for IDFC Premier Equity. While a 5 or 7-year window is necessary to observe consistent outperformance in HDFC Equity, only a 3-year window is necessary for the IDFC fund. In general any fund should be given at least 5-years to perform.

Here is a 7.5 min video review.  I have many posts on upside and downside capture ratios. You can take a look, if you like the idea discussed in the video.

Understanding Upside and Downside Capture ratios

Mutual Fund Analysis with Upside and Downside Capture Ratios

Mutual Fund Downside Protection Calculator

Mutual Fund Downside Protection Consistency Analysis

I feel like a kid at a candy store while making these. This time, apologies for the frequent use of the word ‘spectacular’. It is a bit annoying. I am not an investor in this fund and I have reviewed it as an analyst.

Note:  The benchmark is BSE 500. Morning Star, in its wisdom, has used Nifty Midcap 100 to calculate the capture ratios. I think this is a more stringent measure of upside and downside capture.

IDFC premier equity fund: Performance Review

I would like to reiterate that investors should evaluate fund performance only from the time that they started investing in the fund and not rely on star ratings. Performance depends on when we choose to analyze and over what period. One can use the Mutual Fund SIP Rolling Returns Calculator or the Multi-index Mutual Fund Rolling Returns Calculator for deeper analysis.

As for the fund manager change,  please consider reading What if your fund manager quits? and we should not forget the primary role of a fund manager.

If you have suggestions on video topics, do let me know.

Do share if you found this useful

Create a "from start to finish" financial plan with this unique open-source robo advisory software template


 Don't like ads but want to support the site? Subscribe to the ad-free newsletter! 
You will get the full post-ad-free delivered to your inbox for Rs. 3000 a year. Follow this link to read the terms and sign up! 


About the Author M Pattabiraman author of freefincal.comM. 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

Freefincal has original unbiased, conflict-of-interest-free,  topical reports, reviews, commentary and analysis on all aspects of personal finance like mutual funds, stocks, insurance etc. All guest authors and contributors to the site also do not have any conflict of interest. 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. No promotional content We do not accept sponsored posts and link exchange requests from content writers and agencies. This is our privacy policy Our website is non-profit in nature. The revenue from the advertisement will only be used for hosting charges, domain registration charges, specific plugins necessary for traffic growth and analytics services for search engine optimisation.
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 Investing

You can be rich too with goal based investingMy 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 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 WantGamechanger: Forget Start-ups, Join Corporate and Still Live the Rich Life you wantMy 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 young earner

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)

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)

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.

Leave a Reply

Your email address will not be published. Required fields are marked *