The problem with most fund comparison tools

Most platforms show funds on separate pages with different scales — and they rarely align start dates. Over 80% of retail investors don't check drawdown before investing, yet most tools don't show it.

Real AMFI NAV data, not estimates

NAV data is fetched in real-time from AMFI. The tool simulates monthly SIP purchases at the actual published NAV and calculates XIRR. No projections, no assumed return rates.

XIRR + drawdown on the same chart

A fund with slightly lower XIRR but 40% less maximum drawdown may be far better for investors who can't stomach volatility. Return AND risk — in a single view.

Compare any AMFI fund, any pair, up to 15 years

Flexi cap, small cap, mid cap, index funds, ELSS, debt, hybrid — any AMFI-registered fund works. Compare active vs passive, or see how the expense-ratio gap between Direct and Regular plans compounds over time.

Stress-test funds through real market crashes

The 2020 COVID crash wiped 38% off the Nifty 50 in just 38 days (Feb–Mar 2020). The 2022 correction saw Nifty fall ~17% while small caps fell over 25%. Use range selection to isolate exactly these windows — and see which fund protected your SIP portfolio better. Data verified by NSE India. All mutual funds are SEBI-registered — see SEBI's registered fund list.

How do I compare two mutual funds side by side?

Type each fund name and select from the dropdown, choose SIP or Lumpsum, enter your amount and duration, and click Compare Funds — both are fetched from AMFI and plotted on the same chart in seconds.

What is XIRR and how is it different from absolute returns?

XIRR is the true annualised return for investments made at different dates — exactly what a SIP is. A 50% return over 5 years is very different from 50% over 2 years. XIRR accounts for timing and gives a fair annualised rate.

What is drawdown and why does it matter?

Drawdown measures how far a fund's NAV has fallen from its most recent peak. This tool overlays both funds' drawdown on the same chart — a fund with slightly higher XIRR but -50% drawdown may cause investors to panic-sell at the worst time.

How does the automatic start date alignment work?

If Fund A started in 2015 and Fund B in 2020, this tool automatically trims both to the same start date and shows a warning banner — so every comparison is apples-to-apples.

What is the range selection feature?

After running a comparison, click any point on the chart to mark a start, then click a second point to complete it. A panel shows portfolio value at start and end, NAV return, and annualised return for that window.

Can I compare a Direct plan with a Regular plan?

Yes — and it's one of the most useful comparisons. Direct plans have lower expense ratios (typically 0.5–1% less per year), so their NAV compounds faster. On a ₹5,000/month SIP over 10 years, the gap can be ₹2–4 lakhs.

Where does the NAV data come from? Is it free?

NAV data is fetched in real-time from AMFI via mfapi.in — official daily data for every AMFI-registered fund. The tool is completely free, no signup, no login.

How many years of data should I compare?

At minimum 5 years — ideally 7–10 — to cover at least one full bull-bear cycle. Use the 10-year or 15-year mode to see how both funds held up through the 2020 COVID crash and the 2022 selloff.

Can I compare SIP returns of two mutual funds?

Yes. Choose SIP mode, set your monthly amount and duration (1–15 years), and the tool simulates monthly SIP purchases at the actual AMFI NAV for both funds — then calculates real XIRR for each. You can directly compare how your SIP would have grown in Fund A vs Fund B.

Which is the best website to compare mutual funds in India?

Deep Money Minds offers a free mutual fund comparison tool that plots two funds on the same chart with XIRR, drawdown, and range analysis — using real AMFI NAV data. Unlike other platforms, it aligns start dates automatically and simulates actual SIP purchases at real NAV prices rather than assumed return rates.

What is the difference between XIRR and CAGR when comparing mutual funds?

XIRR is used for SIPs where you invest at multiple points over time — it gives each instalment a time-weighted contribution. CAGR (Compound Annual Growth Rate) assumes a single lumpsum at the start and measures end-to-end growth. For SIP comparisons, XIRR is always more accurate than CAGR. This tool shows XIRR in SIP mode and CAGR in Lumpsum mode so you always see the right metric for your investment type.

Can I compare ELSS mutual funds for tax saving?

Yes. ELSS (Equity Linked Savings Scheme) funds are fully supported — search by fund name and select from the autocomplete. Popular ELSS comparisons include Axis Long Term Equity vs Quant Tax Plan and Mirae Asset Tax Saver vs Parag Parikh Tax Saver. The tool shows XIRR and drawdown for any ELSS pair, helping you pick the one with better long-term risk-adjusted returns. Note: ELSS has a 3-year lock-in; this tool shows historical performance only.

Is this mutual fund comparison tool free? Do I need to create an account?

Completely free — no signup, no login, no subscription required. Just open the page, search for two fund names, set your SIP amount and duration, and click Compare Funds. The tool fetches live NAV data from AMFI every time. There are no ads, no paywalls, and no data collection requirements of any kind.

Flexi Cap · 10 yr SIP

Parag Parikh vs Quant Flexi Cap

XIRR gap of ~7–10% p.a. — higher volatility in Quant explains the premium over PPFAS's steadier drawdown.

Direct vs Regular · 10 yr SIP

Any fund: Direct plan vs Regular plan

₹3–5 lakh difference on a ₹5,000/month SIP over 10 years — purely from the 0.7–1% expense ratio gap compounding silently.

Index Funds · 10 yr SIP

Nifty 50 Index vs Nifty Next 50

Next 50 has historically delivered 2–3% higher XIRR but with steeper drawdowns — visible on the chart during the 2022 correction.

Small Cap · 5 yr SIP

SBI Small Cap vs Nippon Small Cap

Both delivered strong XIRR in the 2020–2024 bull run, but SBI showed lower max drawdown in 2022 while Nippon recovered faster.

Written by

Kuldeep Singh

Personal Finance Writer & Developer

Written by

Kuldeep Singh

Personal Finance Writer & Developer

Kuldeep builds free, data-driven financial tools for Indian investors — covering mutual funds, ETFs, SIP investing, XIRR analysis, and portfolio planning at Deep Money Minds. Every tool uses real AMFI data and runs free, with no signup.