| Category | Benchmark | Funds Beating It | Verdict | Score |
|---|---|---|---|---|
| Large-CapPaying for a manager has usually paid off here | NIFTY 100 TRI | 61% | STRONG ACTIVE | 4.0 / 5 |
| Mid-CapClose to a coin flip — a cheap index fund is the sensible default | NIFTY MIDCAP 150 TRI | 49% | NEUTRAL | 1.5 / 5 |
| Small-CapAn edge on average, but fund selection matters a lot | NIFTY SMALLCAP 250 TRI | 59% | LEAN ACTIVE | 3.0 / 5 |
A manager picks the stocks and tries to beat the index.
Fee 0.5–1.0% a yearBuys the whole index. No stock picking, no view taken.
Fee 0.1–0.2% a yearThe gap looks small. Over twenty years it is not. So the only question worth answering is: in this category, did enough managers beat the index by enough to be worth the difference? Everything on this site exists to answer that.
A verdict for Large-, Mid- and Small-Cap. It counts how many funds beat the index, by how much, and weights by fund size — so a huge fund's result counts more than a tiny one. That reflects what investors actually experienced, not what the average brochure claims.
95 direct-plan funds · calendar-year and rolling returns since 2013Every fund ranked by how consistently it beat its benchmark, year after year — not by one lucky run. Leading funds get a harder test that asks whether the track record could simply be chance.
Skill test: information ratio, t-statistic, p-valueIndex funds are not identical. Some track their index tightly, others drift. They are compared on tracking error (how faithfully they follow) and expense ratio (what they charge) — the two things that genuinely separate one from another.
67 index funds · 5 benchmarks · best tracking error 0.09%Price-to-earnings, price-to-book and dividend yield for 14 indices going back to 1999, shown as a percentile — so you can see where today sits against its own history rather than guessing whether a number is high.
Nifty 50 today: PE 20.4, 43rd percentile — fairly valuedOnly direct plans, which carry no distributor commission. Returns are already net of the fund's fees.
Funds are compared against the Total Return Index, which includes dividends. Comparing against the plain price index would flatter every fund.
Returns are measured from every possible starting date. A single good calendar year can flatter a fund; hundreds of overlapping periods cannot.
About 14,300 schemes and 21 million daily NAV records, refreshed from AMFI and NSE.