How do quartile rankings help judge mutual fund performance?
Quartile ranking divides funds into four 25% buckets - Q1, Q2, Q3 and Q4 - to show whether a scheme is a leader, average performer or laggard. Using 1-year, 3-year or 5-year returns, it helps investors assess whether a fund is outperforming or underperforming its peers and supports better decisions without complex ratios or jargon.