Downside Volatility Ranking

Scheme Name AMC Name Launch Date 3 Yrs Volatility Quartile Rank
Nippon India Multi Cap Gr Gr NipponIndiaMF 25-03-2005 - Top Quartile
Baroda BNP Paribas Multi Cap Plan A Gr BarodaBNPMF 12-09-2003 7.06 Lower Middle Quartile
ICICI Pru Multi Cap Gr ICICIMF 01-10-1994 3.2 Top Quartile
Invesco India Multi Cap Gr InvescoMF 17-03-2008 6.53 Upper Middle Quartile
ITI Multi Cap Reg Gr ITIMF 15-05-2019 16.51 Bottom Quartile
Mahindra Manulife Multi Cap Fund Reg Gr MahindraManulifeMF 05-05-2017 6.18 Top Quartile
Quant Active Fund Gr QuantMF 21-03-2001 7.52 Bottom Quartile
Sundaram Multi Cap Fund Gr SundaramMF 05-01-2013 6.94 Upper Middle Quartile

Quartile rankings are a measure of how well a mutual fund has performed against all other funds in its category. The rankings range from "Top Quartile" to "Bottom Quartile" for all time periods covered in our drop down menu above. Mutual funds with the lowest volatility in the chosen time period are assigned to "Top Quartile", whereas those with the highest volatility are assigned to "Bottom Quartile". Volatility of a fund is a measure of returns fluctuation and is measured in terms of annualized standard deviation of monthly rolling returns over the period selected by the user (from the drop down menu). Volatility can be good or bad. If price (NAV) of a fund increases rapidly, the volatility of the fund will increase, but this is "good volatility". If price (NAV) of a fund falls rapidly, the volatility of the fund will also increase, however, this is "bad volatility". "Downside volatility" measures the fluctuations of monthly returns in the months when the NAVs fall; hence it is a measure of "bad volatility". Quartile rankings are compiled by sorting funds in ascending order of "downside volatilities", or in other words, "bad volatility". Funds in the top 25% are assigned the ranking of "Top Quartile", the next 25% are assigned a ranking of "Upper Middle Quartile", the next 25% after that are assigned a ranking of "Lower Middle Quartile" and the lowest 25% are assigned the ranking of "Bottom Quartile".

Disclaimer : We have gathered all the data, information, statistics from the sources believed to be highly reliable and true. All necessary precautions have been taken to avoid any error, lapse or insufficiency; however, no representations or warranties are made (express or implied) as to the reliability, accuracy or completeness of such information. We cannot be held liable for any loss arising directly or indirectly from the use of, or any action taken in on, any information appearing herein. The user is advised to verify the contents of the report independently.

Returns less than 1 year are in absolute (%) and greater than 1 year are compounded annualised (CAGR %). SIP returns are shown in XIRR (%).

The Risk Level of any of the schemes must always be commensurate with the risk profile, investment objective or financial goals of the investor concerned. Mutual Fund Distributors (MFDs) or Registered Investment Advisors (RIAs) should assess the risk profile and investment needs of individual investors into consideration and make scheme(s) or asset allocation recommendations accordingly.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance may or may not be sustained in the future. Investors should always invest according to their risk profile and consult with their mutual fund distributors or financial advisor before investing.