Use rolling returns to identify quality equity mutual funds. Here are 5 schemes that performed well

Historical returns are often used to evaluate the performance of mutual funds. Such returns are calculated either on a trailing basis or a rolling basis. The former is also known as point to point return, which is calculated on a specific date for a defined time period. Let us suppose an investor purchased 100 units of a fund at Rs 10 NAV on 1 June 2018; the NAV on 1 June 2020 was Rs 25. The trailing return calculated on 1 June 2020 works out to 150% (absolute return). It can be further sub-clas ..

Click here to read more>>