Unique & Transparent Mutual Fund Review Methodology
Graphs & Inferences
Trailing return performance shows above average returns in 1, 3 and 5 years and a new average performance in long term - 10 years. Fund has outperformed category average in 3 yr trailing returns by good margin, underperformance of category as a whole in 2018 might be one of the reasons for this. Overall, a satisfactory if not existing performance by the fund.
Calender year performance shows neither very bad performing year not very good performing year. Fund's performance in a bear markets of 2011 and 2018 is better than category average. But it is poor than benchmark in 2011. Overall fund has never beaten both benchmark & category average in last 10 years.
Rolling return performance is consistently below average in all obeservation periods - 3, 5 & 7 years for both lowest & highest returns except 5 years lowest returns and 3 years probable low returns. It indicates higher downside risk of the fund compared to its peers. This is an area that the fund needs to improve on by giving consistent returns.