Basket Lab is an innovative tool designed for Indian investors to backtest mutual fund baskets and analyze portfolio allocations. This platform allows users to compare different allocation strategies, including CAGR, XIRR, and drawdowns, using historical data. Investors can test both SIP and lumpsum investments, providing a comprehensive view of potential investment outcomes.

Key Features

• Investment Settings: Configure your investment parameters with options for lumpsum and monthly SIP investments, ensuring a minimum amount of ₹100.

• Custom Basket Creation: Build and backtest custom baskets, allowing for comparison of multiple strategies with different allocations.

• Performance Summary: Analyze invested amounts, current values, absolute returns, CAGR/XIRR, and maximum drawdowns to understand portfolio value growth over time.

• Yearly Performance Ranking: Evaluate the best to worst performing baskets for each year within the selected timeframe.

• Risk Assessment: Understand the maximum drawdown, which indicates the percentage fall from peak portfolio value.

This open-source tool is available on GitHub, and it is designed for educational and informational purposes only. It uses data sourced from public APIs and emphasizes the importance of consulting with a qualified financial advisor for investment decisions. Basket Lab is a valuable resource for those looking to make informed investment choices in the Indian mutual fund market.