More

    These equity MFs failed to outperform their respective benchmarks in five years – What is down capture ratio?

    Finance
    6


    What is down capture ratio?

    1/8

    What is down capture ratio?

    This ratio is used to measure fund managers’ overall performance in down markets. A down capture ratio of less than 100 indicates that a fund has lost less than its benchmark in the time period when the latter has been in the red zone.

    ANI

    ​Top Underperformers

    2/8

    ​Top Underperformers

    These five equity mutual fund schemes had the highest down capture ratio in 5 years, according to the data by ACE MF. Of 285 equity schemes, 46 schemes had a down capture ratio of over 100.

    ETMarkets.com

    Old Bridge Focused Equity Fund

    3/8

    Old Bridge Focused Equity Fund

    This focused fund had a down capture ratio of 207.21. This indicates that the scheme has lost more than its benchmark when the market was in the red zone.

    ETMarkets.com

    ​Mirae Asset Flexi Cap Fund

    4/8

    ​Mirae Asset Flexi Cap Fund

    This flexi-cap fund had a down capture ratio of 131.09. This downside ratio indicates that the scheme has lost more than its benchmark in a five year horizon.

    ETMarkets.com

    ​Baroda BNP Paribas Value Fund

    5/8

    ​Baroda BNP Paribas Value Fund

    This value fund had a down capture ratio of 128.27. This downside ratio indicates that the scheme has lost more than its benchmark in a five year horizon.

    ETMarkets.com

    Nippon India ELSS Tax Saver Fund

    6/8

    Nippon India ELSS Tax Saver Fund

    This ELSS fund had a down capture ratio of 119.14. This indicates that the scheme has lost more than its benchmark in a five year horizon.

    ETMarkets.com

    Quant Value Fund
    This value fund had a down capture ratio of 118.32. This indicates that the scheme has lost more than its benchmark in a five year horizon.

    ETMarkets.com

    ​The Exceptions
    Bajaj Finserv Large and Mid Cap Fund, Bajaj Finserv Flexi Cap Fund, and ITI Focused Equity Fund had a downside capture ratio of (17.90), (5.18), and (0.20), respectively. Negative downside capture ratio indicates that even in the period when the market was in the red or when the market fell, the fund on an average gave positive returns.

    ANI

    https://img.etimg.com/thumb/msid-110600049,width-1070,height-580,overlay-etwealthmutualfunds/photo.jpg



    Source link

    Montather Rassoul
    Montather Rassoulhttps://thefifthskill.com/

    Latest articles

    spot_imgspot_img
    Previous article
    US equity funds hit by outflows on rising yields, rates uncertainty
    Next article
    Tiny SSD vendor promises to solve huge iPhone storage problem — Vinpower’s PSSD can back up an iPad at 800MB/s and boost Apple’s phone storage by more than 8TB, making it a must for iOS creatives

    Related articles

    spot_imgspot_img

    Popular articles

    Featured

    Newsletter

    Subscribe to get the latest news, offers and special announcements.

    By subscribing, you're accepting to receive promotions.

    © Copyright - Newspaper WordPress Theme by TagDiv