Key answer
Read a comparison down a column, one dimension at a time: returns, then risk, then cost, then the portfolio. A row appears only when every fund has a real value for it. The mark on a row sits on the better value only where better has a meaning - a higher return, a lower cost, a lower volatility, a shallower drawdown - never on a bigger fund or a higher overlap.
What a comparison has to show
For every fund in the tray you see the same set of dimensions, each computed the same way:
- Returns - how ₹10,000 grew, trailing returns, what a monthly SIP earned, the return of every three-year window (not just the one ending today), and each calendar year - all computed from the fund's own published NAV.
- Risk - volatility, downside deviation, Sharpe and Sortino, and maximum drawdown.
- Cost and manager - expense ratio, fund size and the manager tenure behind the record.
- Portfolio - the top securities and sectors side by side, and how much any two funds hold the same securities, so that “two funds” is not secretly one bet.
Pinned to one coherent data state
A comparison mixes nothing: every fund is read from the same signed reference snapshot and the same date, so you are never comparing today's number against last week's. Each figure can open its source and its date.
Why a row is sometimes missing
Because the figure is missing for at least one of the funds on that snapshot. A row is shown only when every fund in the comparison has a real value for it - a half-filled row would invite a false conclusion. An IDCW plan's returns count its NAV only, with the payouts not reinvested, and the comparison says so beside it.
Any fund, not just yours
Search and compare any Indian fund, whether or not you own it - two to four at a time, which is as many columns as a phone can show. Comparison is research, not advice: OmniAsset shows the evidence and never tells you which to buy.
A worked example
Put two index funds that track the same index side by side.
- Their returns rows sit within a fraction of a percent of each other, because both hold the index.
- The expense ratio row is where they differ, and the mark sits on the lower one: for the same index, the cheaper fund keeps more of the index's return.
- The overlap row reads close to 100% and carries no mark - a high overlap is not better or worse, it is a fact about what you would own twice.
The comparison does not say which to buy; it shows that the real difference is the cost, and leaves the decision to you.
How OmniAsset treats this. OmniAsset compares funds on one signed, dated snapshot, shows a row only when every fund has a real value for it, marks the better value only where better has a meaning, and never colours a column as the winner.
Sources
- AMFI NAV history and fund-performance disclosure — the returns, SIP and rolling figures
- OmniAsset methodology — how every figure is computed, on one signed snapshot - /methodology/
Common questions
How many funds can I compare?
Two to four at a time. Beyond four the columns stop being readable on a phone, which is the surface the comparison is designed for.
Can I compare a fund I do not own?
Yes. Compare works on public data, so nothing needs to be in your portfolio, and looking at a fund never adds it.
Why is a metric sometimes missing?
Because it is missing for at least one of the funds on that snapshot. A row is shown only when every fund in the comparison has a real value for it - a half-filled row would invite a false conclusion.
Put two to four funds side by side on one dated snapshot.
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