A step-by-step walkthrough of the analytical tools, multi-asset portfolio backtesters, dynamic rebalancing rules, and financial independence engines available on the platform.
Before assembling multi-asset strategies, explore how individual mutual funds and asset classes behave over full market cycles. Every fund on the platform is benchmarked against its designated Total Returns Index (TRI).
Use the top navigation search bar. Live autosuggest quickly surfaces popular schemes. If your fund isn't listed in autosuggest, simply press Enter to open the full search results page with all matching schemes and their system identifiers (e.g. MF_118834 for Mirae Asset Large & Midcap, or MF_122639 for Parag Parikh Flexi Cap).
On any fund's page, open Analysis Settings to change its benchmark to any other index or fund (e.g. NIFTY, NIFTYMIDCAP150, IND-GSEC-10YR, or IND-INFLATION) to test how it fares across different hurdles.
MF_118834) or inspect long-term NIFTY 50 data.
The real power of FIRE@YovaEngg lies in designing multi-asset allocation strategies. Combine equity funds, debt funds, ETFs, and gold into a unified model and simulate historical outcomes.
Give your strategy a recognizable name (e.g. All-Weather 60/20/20) and description. Pick a primary benchmark index (e.g. NIFTY 50, Midcap 150, or 10Y G-Sec) using quick-select chips.
Search for mutual funds, index funds, or gold ETFs using the dynamic search bar. Click any search result to add it directly to your strategy composition list.
Specify percentage weights for each fund, or click Equal Weights to distribute evenly. Ensure total allocation equals 100% and save your strategy.
As asset prices fluctuate, portfolio weights drift away from target allocations. Rebalancing systematically sells high-performing assets to purchase lagging ones, locking in gains and containing risk. We support three flexible rebalancing engines:
| Rebalancing Method | Parameter & Syntax | How It Works in Backtesting |
|---|---|---|
| Calendar Frequency | rebalance_frequency_months (e.g. 12) |
Evaluated on the first trading day of the configured month interval (e.g. annually every 12 months), restoring all constituents to target weights. |
| Daily Drift Bands |
rebalance_drift_percentagee.g. 10, +10, or -10
|
Monitored daily. Triggers immediate rebalance when any asset drifts by ≥ threshold:
|
| Custom Historical Dates |
rebalance_datese.g. 2020-03-23, 31/12/2021
|
Rebalances on explicit dates (supports YYYY-MM-DD, DD/MM/YYYY, etc.). Non-trading days roll over to next trading session. Operates on top of frequency or drift rules. |
The View Detail dashboard provides comprehensive risk, return, and drawdown diagnostics. Here is how to read and interpret the key reports:
Switch between Lumpsum, Monthly SIP (over configured months), and STP (systematically moving capital from liquid/debt into target assets).
Examine Alpha (excess return), Beta (volatility sensitivity), Sharpe Ratio, Sortino Ratio, and Downward Deviation ($R_f = 6\%$).
Toggle Monthly Correlations to inspect rolling 3Y, 5Y, 7Y, and 10Y correlation coefficients between constituents, verifying true portfolio diversification.
Inspect the Drawdowns table to observe maximum drops, duration spent underwater, and how benchmark/constituent assets held up during the exact same downturns.
Rolling returns eliminate point-to-point end-date bias. Inspect the 2.5th percentile as an empirical worst-case scenario, the 50th percentile (Median) for middle expectations, and the 97.5th percentile for bull markets. Toggle Enable Rolling Returns to render time-series trendlines for each rolling window.
Connect your empirical portfolio backtests with long-term wealth targets using our dedicated financial calculators available under the Tools menu:
Estimates the required lump sum target on Day 1 of retirement based on your current expenses, inflation, pre-retirement growth, and post-retirement longevity. Recommends a monthly SIP with optional annual step-up % and cap, factoring existing accumulated capital.
Launch Retirement CalculatorCalculates the sustainable, inflation-adjusted monthly income an existing corpus (default ₹50 Lakhs, fully editable) can distribute over a 20–40 year horizon. Shows initial safe withdrawal rate (SWR %), total lifetime payout, and multi-year cash flow milestones.
Launch Monthly Income CalculatorCreate an account to save strategies, leave comments, and brainstorm asset allocations with fellow DIY investors.