A fund does not retire on a high note.
Schemes get merged into a sibling or quietly wound up, and it is almost never the one that has been winning. The record goes with them. Whatever is left is what your app calls the category.
| How many were still standing | Survived | Gone |
|---|
| Large cap . over ten years | 75 pct | 1 in 4 |
| Tax saver ELSS . over ten years | 73 pct | 1 in 3.7 |
| Mid and small cap . over five years | 70 pct | 1 in 3.3 |
| What the missing funds do to the average | Result |
|---|
| Average of the 75 still listed | 12.00 pct |
| Average of all 100 you could have picked | 11.13 pct |
| Rs 1000000 over ten years . the difference | Rs 234289 |
Survivorship figures are real and published. The averages underneath are illustrative, built to show the shape of the thing. A category average measured only on the funds that are still here is a leaderboard with the bottom of the table torn off.