| Fund Age & AUM | >3 years old, large AUM | Stability, trustworthiness |
| Beta | <1 for conservative, >1 for growth | Matches risk preference |
| Alpha | Positive | Value from management |
| Sharpe/Sortino | Higher values | Returns per unit risk |
| Information Ratio | High (>0.5) | Consistent benchmark beating |
| R‑Squared | <95% for active funds | True active management |
| Capture Ratios | Balanced up/down performance | Resilience across cycles |
| Manager & AMC Quality | Strong track record, minimal churn | Sustainability of strategy |
| Expense Ratio | Compare against peers | Affects net returns |
