Profits-to-Assets Based Factor Portfolios Outperform the Nifty Index 82% Times On 3-year Rolling Basis

3-year rolling returns

Based on quantitative backtests. Universe: Top Quartile of NSE Companies by Market Cap, financials excluded. Backtest period: Since July 2007. Returns > 1-year annualized. Returns are after transaction costs, and are calculated on a pre-tax basis. Dividends reinvested. 1-year assumed as 252 trading days.
Chart: CapitalmindSource: Capitalmind, Dataset: FactSet