Return-On Based And Composite Factor Portfolios Outperform the Nifty Index 63% Times On 1-year Rolling Basis

Return-On Based And Composite Factor Portfolios Outperform the Nifty Index 63% Times On 1-year Rolling Basis

1-year rolling returns

ROIC

1Y

ROE

1Y

Composite

1Y

Nifty

TRI 1Y

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