Sheer number and range: I was amazed to see the sheer number  and range of equity funds that have done quite well over a 10 year period. There were two things that struck me from looking at these funds in this manner: To answer this I went to the following categories on Value Research and arranged the funds in descending order of their 10 year returns. The next question I had was if you select 10 years as the cut off point – how many funds do you really have left, and in then within that how many would have a performance worthy of  a second look? I don’t think they went to that level of detail although they have used numbers to evaluate the funds. For example, stability can be shown by the number of fund managers that a particular fund had since its inception. I think these are all good parameters but in my opinion if you are evaluating hundreds of mutual funds you should describe these mathematically and then evaluate funds on them. Investment-worthy: Their recent performances have not caused any concern keeping them investment worthy even today. Stability: Consistency of fund management principles and personnelĥ. Resilience: Ability to withstand market downturns better than its benchmarksĤ. Performance: Ability to deliver higher than benchmark returns consistentlyģ. Longevity: Funds that are at least 10 years oldĢ. Here are the five things that they chose to see:ġ. The first question I had upon reading this title was how do you select the paramaters for such a report? Do you stop at returns or do you go deeper and look at other things as well? In this report they have listed down 5 equity funds that have done well over very long periods of time, and have given a little history about them, how they made their money, and fund managing style. FundsIndia has come up with an interesting research report titled: The FundsIndia 5 Best Schemes in the History of Indian Mutual Funds.