Latest news with #CRISPMutualFundsScorecard
Time of India
14 hours ago
- Business
- Time of India
Value and momentum mutual funds continue to perform consistently: Report
In mutual fund categories such as largecap, midcap, ELSS, contra/value, large & midcap, and aggressive hybrid, funds favouring value investment style have emerged as consistent performers, while in smallcap and flexicap categories, funds high on momentum style were among the top performers, according to CRISP Mutual Funds Scorecard (second edition). Additionally, the report highlights that a few funds with 'High' performance consistency have been outliers in terms of risk. Individual Investors tend to emphasize performance or point-to-point returns of a fund, thereby creating a portfolio with high-risk concentration. Also Read | Jio Financial Services & Reliance Industries among stocks bought and sold by PPFAS Mutual Fund in July Best MF to invest Looking for the best mutual funds to invest? Here are our recommendations. View Details » by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Indonesia: New Container Houses (Prices May Surprise You) Container House | Search ads Search Now Undo The scorecard revealed that among funds with 'High' performance consistency in categories such as Flexi Cap, ELSS, Focused and Aggressive Hybrid Funds, 25-30% of the funds were scored 'Too High' on Risk. Therefore, it becomes imperative for investors to consider risk as a factor along with performance consistency to build a resilient portfolio. Many investors believe holding funds across multiple categories and AMCs provides diversification. However, a single style exposure could also lead to significant portfolio underperformance. The report highlighted three important things. Firstly, around 40% of the total AuM of funds analysed are concentrated in funds that are 'High' on the Value investment style. Live Events Secondly, momentum, the second most dominant investment style among funds showing high performance consistency, commands only 14% of AuM. And lastly, approximately 28% of the assets are in funds that do not follow any particular investment style, and 22% are in funds that focus on buying high-quality companies. A smart combination of styles can help reduce volatility and ensure relatively smoother returns over time. To avoid style concentrations, the CRISP framework plays a crucial role in helping investors recognize and assess the underlying style exposures in their portfolios, the report said. The CRISP Scorecard identified the top AMCs by performance consistency, as Nippon India, HDFC, and ICICI Prudential were among the most consistent performers across multiple fund categories. Quant AMC showcased high-performance consistency across seven categories, though its funds showed significantly higher volatility, and HDFC AMC funds largely followed value style, while Nippon and ICICI Prudential had a mix of Value tilt and style-neutral funds. Lastly, Edelweiss with a strong Momentum tilt, and Franklin Templeton with a preference for Value style, delivered high performance consistency across five categories each. Also Read | Baroda BNP Paribas Aggressive Hybrid Fund turns Rs 10,000 SIP to nearly Rs 18 lakh in 8 years The scorecard covers analysis of funds in core equity and hybrid fund categories, based on the 5-year data ending June 2025. It leverages in-house fund evaluation framework, CRISP, to provide a comprehensive, data-driven analysis of mutual funds, offering insights on their performance, risk, and investment style. 'With the growing adoption of mutual funds, there is a clear need for simple yet relevant insights that go beyond past returns. At we developed the CRISP (Consistency, Risk and Investment Style of Portfolio) framework to offer investors a more holistic view that brings together performance, relative risk, and investment style,' said Nilesh D Naik, Head of Investment Products, (PhonePe Wealth). 'The CRISP Mutual Funds Scorecard is our way of empowering millions of investors with deeper, actionable insights on how their money is being managed. This second edition builds on that promise, and commitment guided by investor needs and driven by our belief in making data-backed investing more accessible for all,' Naik added.
Mint
10-06-2025
- Business
- Mint
Share.Market launches inaugural edition of CRISP Mutual Funds Scorecard
Funds with Value and Momentum Style Outperform Nippon India, HDFC, ICICI Prudential, and Franklin Templeton Emerge as Top AMCs based on Performance Consistency PPFAS AMC stands out as a consistent performer with strong tilt towards Quality and Value factors Bengaluru, 10th June 2025: (PhonePe Wealth) today released the inaugural edition of its 'CRISP Mutual Funds Scorecard' for the quarter ending March 2025 (data considered is for the period April '20 to March '25). The CRISP Mutual Funds Scorecard is a quarterly, data-driven evaluation of mutual funds across categories and AMCs, offering investors a comprehensive view of performance, risk, and investment style. Many global institutional investors rely on understanding factor exposure to analyse and compare active funds as it helps in better understanding the drivers of fund performance. Through CRISP Mutual Funds Scorecard, is making advanced factor exposure analysis accessible to retail investors in India. Built on proprietary CRISP framework—Consistency, Risk, and Investment Style of the Portfolio—the scorecard goes beyond traditional metrics like historical returns and risk. It combines NAV-based performance and risk assessment with analysis of historical fund portfolios to deliver unbiased, actionable insights that empower investors to make smarter, more informed fund selection decisions. What is CRISP Framework? Value & Momentum Styles Outperform: Funds with high exposure to Value and Momentum investment styles outperformed across most categories over the past five years. Funds with high exposure to Value and Momentum investment styles outperformed across most categories over the past five years. In the Large & Midcap Funds category, ~56% of the funds categorized as High on Value style are also high on consistency and ~22% are 'high' on Momentum. category, ~56% of the funds categorized as High on Value style are also high on consistency and ~22% are 'high' on Momentum. In the ELSS category, ~55% of the funds with 'high' performance consistency had a 'high' score on value style and ~45% had a 'high' score on momentum. Other core categories such as Flexicap and Large cap have also witnessed a similar trend with the majority of 'high' consistency performers being 'high' on value and / or momentum investment styles. Top AMCs by Performance Consistency - Nippon , HDFC, ICICI Prudential, andFranklin Templeton emerged as the most consistent performers across fund categories. PPFAS AMCs both equity funds stood out as consistent performers with strong tilt towards Quality and Value factors. While most of the funds of quant AMC also score 'high' on performance consistency, their funds seem to have significantly higher risk than peers in the respective categories. Nippon HDFC, ICICI Prudential, andFranklin Templeton emerged as the most consistent performers across fund categories. PPFAS AMCs both equity funds stood out as consistent performers with strong tilt towards Quality and Value factors. While most of the funds of quant AMC also score 'high' on performance consistency, their funds seem to have significantly higher risk than peers in the respective categories. Balanced Factor Exposure Yields Results: AMCs like ICICI Prudential, SBI, and Nippon India demonstrated strong performance consistency without extreme tilt towards a single investment style—highlighting the effectiveness of balanced strategies, stock selection, and asset allocation. Talking about the report, Ujjwal Jain, CEO, 'Investors today are overwhelmed with data, but much of it stops at historical returns or risk-adjusted ratings—often leaving them with limited information for investment decision making. At we believe investors deserve more. With our CRISP Mutual Funds Scorecard, we go beyond past performance to offer deeper, actionable insights into how their money is truly being managed. This initiative reflects our commitment to empowering investors with a clearer, more holistic view of mutual fund performance.' The CRISP Mutual Funds Scorecard will be a powerful starting point for fund selection, helping investors make smarter choices. For well-rounded decisions, it's best used alongside other factors like track record, strength and stability of investment teams, fund size, etc. and of course investors' personal financial circumstances, investment objectives and risk appetite. For more information download the report fromhere. PhonePe Wealth Broking Private Limited, incorporated in April 2021 is a subsidiary of PhonePe Limited (Previously known as PhonePe Pvt Ltd) and is registered with NSE and BSE as a Stock Broker, with CDSL as a Depository Participant with SEBI as a Research Analyst and with AMFI as a Mutual Fund distributor. Launched in August 2023, a brand of PhonePe Wealth Broking and affiliates, is a wealth and investment platform (app & website), catering to investors and traders of all expertise levels. The platform offers a wide range of investment products, including Stocks, Mutual Funds, Wealth Baskets, and more. Investments in securities market are subject to market risks. Read all the related documents carefully before investing. All investors are advised to conduct their own independent research into investment strategies before making an investment granted by SEBI, enlistment as Research Analyst with Exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. PhonePe Wealth Broking Private Limited is a member of NSE (Member ID 90226) & BSE (Member ID 6756) with SEBI Regn. No.: INZ000302639, Depository Participant of CDSL Depository with SEBI Regn. No.: IN-DP-696-2022, Research Analyst– INH000013387 and ARN- 187821 (Mutual Fund distributor), CIN U65990KA2021PTC146954. Kindly refer to the website for more details. Disclaimer: This article has been produced on behalf of the brand by HT Brand Studio. Want to get your story featured as above? click here!
Time of India
04-06-2025
- Business
- Time of India
Which mutual funds are scoring high on value, quality and momentum factors: Insights from Share.Market's MF scorecard
Live Events Mutual fund houses like Nippon India Mutual Fund, HDFC Mutual Fund , ICICI Prudential Mutual Fund, and Franklin Templeton Mutual Fund emerged as the most consistent performers across fund categories. PPFAS Mutual Fund 's two equity funds also stood out for their consistent performance, with a strong focus on Quality and Value the other hand, most of the funds of quant AMC also score 'high' on performance consistency, their funds seem to have significantly higher risk than peers in the respective categories, according to CRISP Mutual Funds on balanced factor exposure yields results, AMCs like ICICI Prudential Mutual Fund, SBI Mutual Fund , and Nippon India Mutual Fund demonstrated strong performance consistency without extreme tilt towards a single investment style, highlighting the effectiveness of balanced strategies, stock selection, and asset allocation Also Read | Smallcap mutual funds emerge as top performers in May with average return of 8%. Opportunity or time for caution? Based on value & momentum styles outperformance, funds with high exposure to Value and Momentum investment styles outperformed across most categories over the past five years, the scorecard the Large & Midcap Funds category, approximately 56% of the funds categorised as high on value style are also high on consistency, and 22% are 'high' on momentum. In the ELSS category, around 55% of the funds with 'high' performance consistency had a 'high' score on value style, and 45% had a 'high' score on core categories, such as flexicap and large cap, have also witnessed a similar trend, with the majority of 'high' consistency performers being 'high' on value and/or momentum investment report also highlights that there are instances of funds that, despite maintaining 'High' exposure to styles that have driven performance over the last 5 years, i.e. High Value and/or High Momentum, have not been able to translate this into strong Consistency scores. This highlights the fact that favourable style factors alone do not guarantee top-tier Read | Should you consider starting SIP or lumpsum in a momentum index fund right now? 'Investors today are overwhelmed with data, but much of it stops at historical returns or risk-adjusted ratings—often leaving them with limited information for investment decision making. At we believe investors deserve more. With our CRISP Mutual Funds Scorecard, we go beyond past performance to offer deeper, actionable insights into how their money is truly being managed. This initiative reflects our commitment to empowering investors with a clearer, more holistic view of mutual fund performance,' said Ujjwal Jain, CEO, (PhonePe Wealth) released the inaugural edition of its 'CRISP Mutual Funds Scorecard' for the quarter ending March 2025 (data considered is for the period April '20 to March '25) CRISP Mutual Funds Scorecard is a quarterly, data-driven evaluation of mutual funds across categories and AMCs, offering investors a comprehensive view of performance, risk, and investment style.
