Mutual Fund Performance Review: IDFC Premier Equity

Published: December 17, 2015 at 4:20 pm

Last Updated on September 16, 2019

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.

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

Did you know? We have more than 900+ videos on YouTube to explore! Join 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