How we compute returns

Every return value on this site is derived in-house from publicly published NAV data. There are exactly three formulae in use; you can replicate any of them.

Trailing point-to-point (1m, 3m, 6m)

For windows under one year, returns are absolute point-to-point, not annualised. The formula:

return_pct = (NAV_end / NAV_start - 1) × 100

Where NAV_start is the closing NAV on the trade date exactly N months before NAV_end. If that exact date is a market holiday, we use the closest prior trading day's NAV — never the closest forward.

Trailing CAGR (1y, 3y, 5y, 10y)

For windows of one year or longer, returns are annualised using the standard CAGR formula:

cagr = (NAV_end / NAV_start) ^ (1 / years) - 1

We use actual fractional years between the two NAV dates (not calendar-365), so a leap-year crossing yields a marginally lower CAGR than calendar averaging.

Rolling CAGR (the 5y rolling lens)

For schemes with sufficient history, we publish rolling 5-year CAGR distributions — the median, 25th, and 75th percentiles of every 5-year window ending in the disclosed period.

What we do not do

• ·No survivorship-adjusted figures. A merged or wound-up scheme's history is not retroactively redistributed.
• ·No back-fill of missing days. When NAV is missing, we mark the data point insufficient rather than imputing.
• ·No fee-adjusted hypothetical returns. Numbers shown are scheme-NAV-based, net of TER but exclusive of exit load (the latter is shown separately on each scheme page).

All compliance-bound disclosures and the standard "past performance is not indicative of future results" disclaimer apply.