The 'Check Before You Buy' feature on Trendlyne uses Pass Scores to evaluate a mutual fund’s performance, operations, portfolio, and risk/reward. Each fund is scored out of 25, providing a comprehensive assessment.
Performance:
This section provides insights into the fund’s short-term, mid-term, and long-term returns. It also evaluates the fund’s performance during bull and bear markets, and its ability to protect capital during downturns.
Portfolio:
The portfolio section compares the fund’s current valuation with its peers, assesses diversification levels, and checks asset quality. It also examines whether the fund is equipped to handle redemptions efficiently.
Operations:
Here, you can analyze the fund’s operational consistency, including its activity over the last five years, Morningstar rating stability, its size, and whether it charges a competitive expense ratio.
Risk/Reward:
The Risk/Reward section evaluates the fund’s volatility over the past year, annual returns compared to peers, and its performance against benchmarks for one-year and longer-term periods.