Independent fund analytics · no commissions

Skill or luck? Now you can tell.

Most fund returns are market, style, or sector — not the manager. AlphaPicker scores every Indian fund on genuine stock-picking skill, so you stop paying for last year's luck. We sell nothing and take no commissions. Per SPIVA (S&P Indices Versus Active Funds), 73% of large cap funds lost to the index over 10 years.

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Our engine re-fits factor models across every fund in real time.

Get the funds worth watching — monthly

One email a month: the biggest score moves, skill standouts, and a data-driven read on what's hype. No spam, no selling.

The problem

How funds are sold today

Walk into any distributor or wealth manager's office and ask why they recommend a fund. The answers are always the same:

"It’s a 5-star rated fund" ratings built on past returns
📈 "Look at last year’s performance" statistically indistinguishable from luck
🏛 "It’s a trusted house" brand familiarity, not evidence

Qualitative judgement, dressed up as advice. The SPIVA numbers show where it leads: most recommended funds lose to a simple index fund.

What we do instead

The machinery, not the marketing

Every month, every fund must disclose every holding it owns. That disclosure is where the truth lives — and where we start.

Read every fund’s full monthly portfolio disclosure — 600+ funds, 60,000+ positions, every month. Almost nobody else does.
Run them through a multi-factor risk model — the same class of machinery quant hedge funds use — to strip out what the market gave, what style tilts gave, what sector bets gave.
Apply the statistician’s test to what remains: is it skill, or is it noise?

Every signal in our score passed out-of-sample testing on Indian fund data. Famous published signals that failed our test were rejected.

The right fund grows your money dramatically faster over time

A few percentage points of extra annual return compounds into a life-changing gap. See it for yourself.

5 yrs25 yrs
AlphaPicker picks
18% annual return
₹59.87 L
Average fund
13% annual return
₹31.27 L
Choosing a top-scored fund could leave you with
₹28.60 L more

That's the difference skill makes over 15 years — money that stays in your pocket instead of being lost to mediocre management.

Illustrative projections based on assumed annual returns. Actual returns vary and are not guaranteed.

Every fund return has four ingredients. Only one of them is skill.

We decompose every fund's track record into these four parts, so you can see whether you're paying for talent or just paying for the market.

Not skill

Market Beta

The tide that lifts all boats. When the market rises, almost every fund rises with it — this is the biggest chunk of most returns and has nothing to do with the manager.

Not skill

Style & Sector tilts

Factor bets, not skill. Leaning into small-caps, value, or a hot sector can boost returns for a while — but it is a style choice you could replicate with a cheap index.

Genuine alpha

Stock Selection

The real thing. Returns earned by picking the right stocks within a style — this is the genuine manager alpha that AlphaPicker hunts for and rewards.

Rare skill

Timing

Getting in and out right. Adding value by shifting exposure at the right moments. Real but rare — and we measure whether a manager actually has it.

We monitor all funds daily so you don't have to.

The AlphaPicker Score

Three things predict future outperformance. We score all three.

Each pillar is grounded in published academic research and validated walk-forward on Indian fund data before it earns a place in the score.

45%
Skill
Is the outperformance real, or lucky?

We measure the statistical consistency of pure stock-picking — after stripping out market, style and sector effects with our multi-factor risk model — plus how much of the fund’s behaviour can’t be explained by factors at all. Consistent skill persists; raw returns don’t.

45%
Conviction
Does the manager act like they believe it?

Patient (low churn, measured from actual month-to-month holdings), concentrated in researched ideas, with real weight behind the top-10 positions. Research shows patient, high-conviction managers outperform; closet indexers can’t.

10%
Cost
What do you pay for it?

The most robust single predictor in 50 years of fund research: every rupee of fees is a rupee off your return. Low-cost funds start every year ahead.

What we deliberately don't score: past returns · star ratings · brand · fund size. The research is unambiguous — they predict nothing.

7 out of 10 funds we pick beat their benchmark.

A high AlphaPicker Score isn't a guess — it's a strong, measurable edge. Here's how our top-scored funds have actually performed.

7 of 10 top-scored funds beat their benchmark
69%

of top-scored funds beat their benchmark

27%

of low-scored funds beat their benchmark

Fund Rankings

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Mutual Fund investments are subject to market risks. Past performance is not indicative of future results. AlphaPicker is an independent analytics tool, not a distributor — this is non-personalised information, not investment advice.
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For the curious

How does AlphaPicker actually work?

Three pillars. Skill (45%): the statistical consistency of pure stock-picking, measured by decomposing every disclosed portfolio against a multi-factor risk model — plus how much of the fund’s behaviour can’t be explained by factors at all. Conviction (45%): patient, concentrated portfolios with real weight behind top ideas, measured from actual month-to-month holdings. Cost (10%): fees come straight off your return. Deliberately absent: past returns, star ratings and brand — the research is unambiguous that they predict nothing.

Pricing

Free tells you about any fund. Premium works for your portfolio.

Every score, ranking and fund breakdown is free. Premium adds the personal layer — X-ray the funds you actually own. We're an analytics tool, not a distributor: no commissions, ever.

Free

See the truth about any fund.

₹0/ forever
  • Every fund's AlphaPicker score & full rankings
  • Per-fund skill-vs-luck breakdown & factor attribution
  • Search, sort & category filters
  • Methodology, guides & reports
  • Basic 2-fund overlap & comparison tools
Browse fund scores
Coming soon

Premium

Make it work for your portfolio.

₹2,000/ year

Everything in Free, plus:

  • Portfolio X-ray— blended skill score, holdings overlap, cost drag & factor exposure of funds you own
  • Watchlist & score-change alerts
  • Advanced multi-factor screener & saved screens
  • Compare up to 6 funds side by side
  • Full score history & CSV / PDF export
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AlphaPicker provides non-personalised, educational analytics — not investment advice. We are not a distributor and earn no commissions.