One of the criteria used by equity MF investors to shortlist a scheme is looking at prior period returns. Typically, they have access to returns across several time spans (example here) such as 1-year compounded annual growth rate (CAGR), 3-year CAGR, 5-year CAGR and so on. Apart from these, various advisors/service providers have different criteria for ranking funds. How does an investor make sense of all this? Here, we have tried to simplify the process of choosing a fund by analysing prior period returns.
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