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Returns

Beat Benchmark %

Beat Benchmark % is the share of overlapping rolling windows in a fund's history where its return exceeded its benchmark's return over the same dates - a direct read on how often the fund actually outperformed, not just by how much on one trailing date.

What is Beat Benchmark %?

A single trailing return only tells you what happened over one specific start and end date. Beat Benchmark % instead looks at every overlapping window of a given length in a fund’s history - every possible entry date - and asks what share of them ended with the fund ahead of its own benchmark over those exact same dates.

FORMULA

Beat Benchmark % = (Windows where Fund CAGR > Benchmark CAGR) / (Total overlapping windows) × 100

WindowA fixed holding period (e.g. 3 years), rolled forward one period at a time across the fund’s full NAV history
Fund CAGRThe fund’s own compounded return over that window
Benchmark CAGRThe benchmark’s return over the identical start/end dates

Higher is better - a fund that beat its benchmark in 80% of 3-year windows did so far more consistently than one that beat it in 20%, even if both currently show a similar headline return.

Real comparison across 6 funds

CHART

3Y Beat Benchmark % - 6 real funds

Same 3-year rolling window, computed against each fund's own benchmark.

0%28%56%84%112%ICICI Pru…SBI Focus…Parag Par…Parag Par…DSP ValueSBI Multi…

Funds compared: Parag Parikh Flexi Cap · DSP Value · ICICI Prudential Value · SBI Focused · Parag Parikh ELSS Tax Saver · SBI Multicap

WHAT THIS MEANS FOR YOU A fund can post a strong current trailing return while having beaten its benchmark in only a minority of historical windows - meaning that current return owes more to entry-date luck than to consistent skill. Beat Benchmark % is what separates the two.

METHODOLOGY Computed over every overlapping 3-year window as of 2026-08-31, comparing the fund’s own CAGR to its stated benchmark’s CAGR over the identical dates. Also surfaced in Punji’s fund-page data as rolling_consistency - same computation, same number, different label in an earlier schema version. Data: Punji rolling-returns analytics. Not investment advice.

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