Use this Mutual Fund SIP Rolling Returns Calculator to determine how consistently an equity mutual fund has performed wrt to its benchmark.
Returns can be broadly categorised into two types: for a lump sum investment (CAGR) and for periodic investment (XIRR)
When the CAGR or XIRR is ‘rolled over’ for different periods and compared with a benchmark, consistency in performance can be determined.
In the present sheet, if the user wants to calculate SIP rolling returns for 5 yer periods,
XIRR will be first be calculated between April 2006 to April 2011. Then from May 2006 to May 2011 and so on.
The same is done for the benchmark and both are plotted together.
A rolling return calculator for lump sum investments is also available: Multi-index Mutual Fund Rolling Returns Calculator
In the present sheet, I have included three total returns indices (including dividends):
Sensex TRI (Quantum Long Term Equity funds benchmark),
BSE 200 TRI (useful for analysing HDFC Top 200) and
BSE 500 TRI (useful for analysing HDFC Equity as an alternative to CNX 500 TRI)
The other price indices available are:
Sensex, Nifty, CNX Midcap, CNX 500, CNX 100, BSE Small Cap, BSE Mid Cap, BSE 200, BSE 100 and BSE 500.
The price indices can be automatically updated. The TRI indices need to manually updated using the links provided in the sheets.
Here is a screenshot of the main page followed by a few results. Click on the graphs to enlarge.
Do let me know what you think.