Home Calculators MindForge vs your fund

Comparison calculator

What would switching from your fund have changed?

Every other calculator on this site asks you to assume a return. This one does not: it uses MindForge's published backtest on one side and a real fund's published trailing return on the other, each after its own tax — and it subtracts the MindForge subscription in rupees, every month, because a flat fee does not scale the way a percentage does.

Your numbers

Pick a strategy, then change anything; the result updates as you type.

Result

One side of this comparison actually happened. The other is a simulation.

The fund column is a real trailing return for a real Direct Plan. The MindForge column is a backtest, with every known limitation published in full — including where it flatters us. The two paid strategies also trade in their own broker-verified Zerodha accounts, which is the only part of our record we do not write ourselves.

See how we backtest

The figures this uses

Nothing here is typed by hand. Every number below is written into this page from the same simulation output that produces the figures on the strategy pages, on every publish — so if a strategy's backtest moves, this calculator moves with it.

StrategyBacktest CAGR, after 20% STCGFlat feeComparable fundIts CAGR, after 12.5% LTCG
SmallMicro 500 39.6% ₹1,499/mo Nippon India Small Cap 20.0%
LargeMidcap 250 29.8% ₹999/mo Motilal Oswal Large & Midcap 19.5%
MultiAsset 15.9% Free Quant Multi Asset 22.0%

Fund returns are Direct Plan trailing returns taken from the funds' own published pages and are already net of their expense ratio; they change over time. Shown for comparison only — not a recommendation of any fund, and not investment advice. MultiAsset is behind its comparable fund on return over this window, and that is published here rather than left out. It is built for the shallowest fall of the three, and it is free.

How this is calculated

Both sides start from the same capital, receive the same monthly addition, and run for the same number of years. From there each compounds at its own net rate, month by month:

balancenext = (balance + monthly addition) × (1 + r)1/12 − fee

where r is that side's annual rate after its own tax, and fee is the MindForge subscription in rupees — zero on the fund side, and zero for MultiAsset.

Why the fee is subtracted in rupees

A percentage-of-assets fee scales with your corpus, so it can be modelled as a haircut to the return. A flat subscription cannot: ₹1,499 a month is 12% a year of a ₹1,50,000 portfolio and 1.2% of a ₹15,00,000 one. Folding it into a rate would flatter us at small sizes and understate us at large ones, so it is taken out as money instead. That is also why the answer can favour the fund at small capital and MindForge at large — and the size where that flips is worth knowing before you subscribe.

What it deliberately does not do

Questions

Is the MindForge figure a real return?
No. It is a backtest — a simulation over historical data, not live trading, and it carries the survivorship and other limitations set out in full on the Disclosures page. The fund figure is a real trailing return for the Direct Plan of a real fund. That asymmetry is the most important thing on this page: one side actually happened and the other did not.
Does this subtract the subscription?
Yes, in rupees, every month, from the MindForge side. That is the only honest way to model a flat fee: unlike a percentage of assets it does not scale, so it is a heavy drag on a small corpus and a light one on a large corpus, and only a rupee subtraction shows that. The fund side is compounded at a return that is already net of its expense ratio.
How is tax handled on each side?
Each side pays its own. MindForge rebalances monthly, so no position is held twelve months and every gain is short-term at 20% — already subtracted from the CAGR used here, at the harshest reading, with no set-off for losing months. A fund you buy and hold pays 12.5% long-term once at exit on gains above ₹1,25,000, which is subtracted from the fund CAGR used here.
Why does MultiAsset lose to its comparable fund?
Because on return over this window it does, and hiding that would make everything else here worth less. MultiAsset is built for the shallowest drawdown of the three, not the highest number, and it is free. Its backtest also charges no trading cost at all, which makes its figure the most optimistic of the three on cost rather than the least.

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