Returns <= 1 year are absolute and > 1 year are annualised
*Only Growth, Direct and Non-ETF schemes are considered
BT MUTUAL FUND MANAGER RANKING
Ranking In :
ICICI Prudential Large & Mid Cap Fund Direct Plan Growth
ICICI Prudential Asset Management Company Limited
HDFC Large and Mid Cap Fund Direct Growth
HDFC Asset Management Co Ltd
Mahindra Manulife Large & Mid Cap Fund Direct Growth
Mahindra Manulife Investment Management Pvt. Ltd.
*Portfolio manager ranking is based on 3 Year Information Ratio *Category benchmark is used in calculating Information Ratio
Information Ratio (a.k.a Appraisal Ratio) shows the consistency of a fund manager in generating excess returns over the benchmark. It is measured by dividing the Mean Active return (Fund Return – Benchmark Return) by the volatility of Active return. The volatility (or Standard Deviation) of Active return is called Tracking Error.
Information Ratio = Mean of (Portfolio Return – Benchmark Return) / Tracking Error
The higher the Information Ratio, the more consistent the fund manager is in generating excess returns.