📊 Research · Rolling Returns
Is your fund really consistent?
A fund might advertise "1-year return: 35%" — but that's just luck of timing. Rolling returns reveal what you would have actually earned if you invested on any day over the last 5 years and held for 1 year. A great fund should be positive 80%+ of the time.
📅
Point-to-point (misleading)
"1Y return: 35%" tells you about ONE specific starting date. Could be luck. Doesn't represent what most investors experienced.
🔄
Rolling return (honest)
Shows what investors earned across hundreds of different starting dates — filtering out luck. A quality fund is positive 80%+ of the time.
🎯
What to look for
Consistency above 80%. Average return above 12% for equity funds. Worst period not lower than −20%. Signs of a quality fund.
Choose a fund to analyse
1-year rolling returns
Parag Parikh Flexi Cap
Each point = what you'd have earned investing on that date and holding exactly 1 year
No NAV history available for this fund
How to use rolling returns
📊
Before investing a lump sum
Check rolling returns first. If the fund was positive 85%+ of the time, a lump sum is relatively safe. Below 70%? Better to spread over 6–12 months via SIP.
🔁
Comparing two similar funds
Both show "3Y return: 22%". Check rolling returns — the one that was positive 90% of entry points is safer than the one that was positive only 65% of the time.
⚠️
Spotting category-specific risk
Small cap funds naturally have lower consistency (60–75%). That's fine for long horizons. Large cap funds should be 85%+. Flexi cap 80%+ is healthy.
📅
When to NOT use this metric
Rolling returns look backward. A fund that was consistent for 5 years can change if the fund manager leaves or strategy shifts. Always combine with other checks.