By Returns Are Temporary. Skill & Process Matter More!
Why ranking a PMS only by returns is not enough.
Which is the best-performing PMS in India?
Ask any distributor, and the first instinct is to look at the PMS delivering the highest returns.
But here's the real question:
Does the highest return necessarily mean the best fund manager?
Not really!
A PMS may deliver spectacular returns because of a favourable market cycle, sector exposure or aggressive risk-taking.
But what happens when markets turn?
That's when fund-manager skill, investment philosophy, risk management and consistency become important.
Introducing Multi-Parameter Quartile Ranking at PMSInsights.in
We have built a Quartile Ranking framework to help distributors evaluate SEBI-registered PMS strategies beyond returns.
Instead of ranking strategies on just one parameter, we analyse them across:
✅ 3-Year & 5-Year Returns
✅ Jensen's Alpha
✅ Sharpe Ratio
✅ Sortino Ratio
✅ Upside & Downside Capture Ratios
✅ Maximum Drawdown
Each parameter tells a different story.
Returns tell you WHAT happened. Analytics help you understand HOW it happened.
Why Quartile Ranking Matters
Imagine two PMS strategies.
PMS A: Delivers 30% annualised returns but ranks poorly on risk-adjusted parameters.
PMS B: Delivers 24% annualised returns but consistently ranks in the top quartiles for Sharpe, Sortino and downside risk management.
Which one is better?
The answer isn't necessarily A or B.
The answer lies in understanding the investment process, risks and consistency behind those returns.
Our Quartile Ranking framework helps distributors identify strategies demonstrating stronger relative performance across multiple parameters and time periods.
Stop Chasing Returns. Start Evaluating Consistency.
At PMSInsights.in, we believe that PMS selection should not be a race to find last year's winner.
It should be an exercise in identifying repeatable investment discipline, risk management and consistency.
Because markets change. Returns fluctuate. But a disciplined investment process can endure.
Our Message to PMS Distributors
AUM mat dekho. Sirf return bhi mat dekho. Fund manager ka process aur consistency dekho!
Don't just ask "Which PMS is No. 1?"
Ask "Which PMS has consistently demonstrated better risk-adjusted performance?"
That's the conversation we want to build at PMSInsights.in.
🚀 Don't just rank returns. Analyse the skill and process behind them.
Explore our Quartile Ranking analytics at PMSInsights.in.
Disclaimer: Quartile Rankings are based on historical data and relative comparisons within selected peer groups and periods. They do not guarantee future performance or conclusively establish fund-manager skill. The analysis is for informational purposes only and does not constitute investment advice or a recommendation.