Ch.11 · Scheme Performance Disclosure Rules · medium
Which of the following best describes 'quartile ranking' in mutual fund peer comparison?
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EXPLANATION
Quartile ranking sorts all funds in a SEBI category by performance and divides them into four groups. Q1 (top 25%) funds are the best performers; Q4 (bottom 25%) are the worst. Consistent Q1 or Q2 performance across multiple periods is a positive indicator of fund quality.
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