With over 55 million investors now in the Indian mutual fund space, it’s clear that more people than ever are taking charge of their financial future. But in a volatile market, how do you move beyond guesswork? How do you know if your fund’s great performance was skill or just a stroke of luck?

To answer these questions, the Share.Market (PhonePe Wealth) team is back with the second edition of our CRISP Mutual Funds Scorecard, your essential guide to understanding what’s really happening with your mutual funds investments.

Key Findings from the Scorecard for June 2025

  • Value Style Leads the Way: Every investment style has its season. As of June 2025, our CRISP analysis shows that Value-style funds are consistently outperforming across key categories including Large Cap, ELSS, Midcap, Large & Midcap, Contra/Value, and Aggressive Hybrid.
  • Top AMCs for Consistency (with a Catch): Certain AMCs are excelling in delivering consistent performance. Nippon, HDFC, and ICICI Prudential stand out with multiple funds showing top-tier consistency over the last five years. However, our report also highlights an important caution — high returns can sometimes hide high risk.
  • Hidden Risks of Style Concentration: Many investors chase top-performing funds, but end up concentrating too heavily in one style (currently it may be Value) without realising it. This style concentration means that even if you own ten different funds, you might still not be well-diversified. The CRISP Scorecard helps overcome this hidden risk by providing insights on investment styles of funds.

You can read the CRISP Mutual Funds Scorecard published for the quarter ending in June 2025 here.

Stop Guessing and Start Making Informed Decisions

Your financial future is too important to leave to chance. With the CRISP Mutual Funds Scorecard, you can move beyond surface-level returns and gain actionable insights for building a resilient, well-diversified mutual fund portfolio.

CRISP: Your Lens for Smarter Fund Selection

Choosing a mutual fund based solely on last year’s returns is like driving while only looking in the rearview mirror. That’s why we created the CRISP framework (Consistency in performance, Risk vs Peers, and Investment Style of the Portfolio) to give investors a deeper, more accurate way to assess their funds.

Think of CRISP as an x-ray for your mutual funds portfolio:

  • Consistency – Measures whether a fund has delivered steady performance over the long term, not just short bursts of success.
  • Risk – Flags funds taking on significantly higher volatility than their peers in pursuit of higher returns.
  • Investment Style – Shows whether a fund manager leans towards Value, Quality, or Momentum, helping you achieve true diversification instead of holding multiple funds that all behave the same way.

Note: Data referenced in the report is as of June 2025.

Mutual Fund Investments are subject to market risks, please read all scheme-related documents carefully.
PhonePe Wealth Broking Private Limited | AMFI – Registered Mutual Fund Distributor ARN –187821.