Rolling returns
Returns measured from every possible start date, not just one, to show how often investors did well.
What it measures
A 5-year CAGR uses one start date and one end date, so it can look very different a month later. Rolling returns compute the return for every holding period of a fixed length (for example every 3-year window in the scheme's history) and summarise them: median, worst, best, and the share of windows that were positive or ahead of the benchmark.
How MFIC calculates it
For each business day with enough history, MFIC computes the CAGR over the preceding 1, 3 or 5 years from daily NAVs (using the latest NAV on or before the start date). It reports the median, minimum, maximum, standard deviation, % of windows positive and % of windows in which the scheme's CAGR beat its benchmark proxy over the same dates.
How to read it
“Beat its benchmark in 70% of 3-year windows” means an investor who held for any 3 years in the history was ahead of the benchmark proxy 7 times out of 10. The minimum rolling return shows the worst experience an investor actually had over that holding period.
Limitations
Overlapping windows are not independent, and the history covers only the market phases the scheme lived through. Newer schemes have few or no windows; MFIC shows “n/a” rather than estimating.
Rolling returns by category today
Spread of rolling returns across Regular-plan schemes in each category, calculated by MFIC from AMFI NAVs as of 1 Oct 2026. The middle half of schemes falls between the 25th and 75th percentiles.
| Category (Regular plans) | Schemes | 25th percentile | Median | 75th percentile |
|---|---|---|---|---|
| Large Cap | 32 | 12.4% | 13.4% | 14.5% |
| Large & Mid Cap | 26 | 13.6% | 15.5% | 17.4% |
| Flexi Cap | 35 | 13.5% | 15.0% | 16.2% |
| Multi Cap | 21 | 14.9% | 16.6% | 19.6% |
| Mid Cap | 29 | 16.8% | 19.0% | 21.1% |
| Small Cap | 24 | 17.2% | 19.2% | 25.6% |
| ELSS | 38 | 13.6% | 14.5% | 16.0% |
| Focused | 27 | 13.3% | 14.6% | 16.5% |
| Value | 21 | 15.0% | 17.4% | 18.3% |
| Aggressive Hybrid | 30 | 11.9% | 12.7% | 13.7% |
| Balanced Advantage | 30 | 9.4% | 11.0% | 11.9% |
| Index Fund | 106 | 12.5% | 16.2% | 18.8% |
Use it in MFIC
Screen: “Flexi cap funds with 3Y rolling beat benchmark at least 70%” Open the screener Ask the AI Analyst
Related: CAGR (compound annual growth rate) · Maximum drawdown · Tracking difference and excess return · Methodology