- First, we calculated the Sharpe ratio for all the funds in the large-cap category for the three-year period
- Sharpe ratio is a measure of the risk-adjusted return of a fund, that is, how much return a fund gave for each unit of risk it took
- Next, we took the top 10 funds in reducing order of Sharpe ratio, and calculated their rolling returns
- Three-year returns were calculated, at one-month intervals, rolled over five years
- The table shows the percentage of times a fund beat its benchmark (pick fund from this table)
- It is better to choose funds that cost less and also churn their portfolios less
One subscription. Two world-class reads.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)