Neel Labs

FundPundit

Indian Mutual Fund Research

← Back to Neel Labs

🇮🇳 N-Rank Algorithm

N-Rank (Neel Rank) is a proprietary scoring system (0-100) for evaluating Indian mutual funds. It measures funds across 5 key dimensions: Quality (20pts), Returns (50pts), Risk-Adjusted Performance (15pts), Cost Efficiency (5pts), and Strategic Fit (10pts). Click any score to see the detailed breakdown.

🚫 Blocked = Temporarily blocked for new purchases (RBI restrictions on international funds)
N-Rank ▼ Fund Name Category AUM (Cr) Expense % 1Y Return 3Y Return 5Y Return Sharpe Alpha VR Rating

N-Rank Scoring Breakdown

The N-Rank algorithm evaluates funds across 5 dimensions with a maximum score of 100 points. Negative scores are possible for poorly performing funds.

📊 Dimension 1: Quality 20 pts max
Value Research Rating ★★★★★ = 10pts 0-10 pts
AUM Size (₹10K-50K Cr optimal) Sweet spot 0-7 pts
Fund Age / Track Record >10 years best 0-3 pts
📈 Dimension 2: Returns 50 pts max
1-Year Return >30% = 15pts -10 to 15
3-Year Return >30% = 20pts -5 to 20
5-Year Return >25% = 15pts -5 to 15
Momentum Check V3 (1Y/3Y ratio) >1.5x = spike, <0.7x = fading -10 to 0
⚖️ Dimension 3: Risk-Adjusted 15 pts max
Sharpe Ratio >1.5 = 10pts -5 to 10
Alpha >7% = 7pts -5 to 7
Volatility Penalty >25% StdDev -2 to 0
💰 Dimension 4: Cost Efficiency V3 5 pts max, -8 min
Expense Ratio <0.4% = +5, 0.4-0.7% = +3, 0.7-1% = +1 -8 to 5
High Expense Penalty 1-1.5% = -2, 1.5-2% = -5, >2% = -8 Wealth destroyer!
🎯 Dimension 5: Strategic Fit 10 pts max
Sector Diversification Bonus US Tech, Healthcare 0-5 pts
Direct Plan Bonus Direct = +2 0-2 pts
Clean NAV History 10+ years 0-3 pts
🏆 Tier Classification
🟢 Excellent Score 60+ Strong Buy
🔵 Good Score 45-59 Hold/Buy
🟠 Caution Score 30-44 Monitor
🔴 Poor Score <30 Avoid