Upside capture ratio in mutual funds

Tue, 12 May 2026 00:00:00 +0000

The upside capture ratio measures how much of a benchmark index’s positive return a mutual fund captures when the benchmark delivers a gain. It is the counterpart of the downside capture ratio and is computed using only the months (or periods) in which the benchmark posted a positive return. A ratio above 100 means the fund rose more than the benchmark during up markets, an indicator of upside participation, while a ratio below 100 indicates the fund lagged the benchmark even in favourable conditions.

Upside Capture Ratio on WebNotes

Upside capture ratio in mutual funds