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Raen reading guide

Choose and interpret a mutual fund screener

Understand what each screener measures and turn a ranked list into a research workflow.

By Raen Analytics · Reviewed

1. Match the screener to your question

Top Buying and Top Selling explore increased and reduced positions between disclosures. Fresh Positions focuses on new entries and complete exits. Use Category Screener to narrow activity to a scheme category, such as Small Cap or Flexi Cap.

High Conviction describes positioning and concentration. Silent Accumulation explores shared small positions or sustained accumulation, depending on the selected mode. Read the active mode, thresholds and reporting period before comparing rows.

2. Understand breadth, size and scores

Ownership breadth describes how many fund houses or schemes participate, depending on the column. Position size describes quantity, value or portfolio weight. A large position at one fund is different from smaller positions spread across several funds.

Scores combine the tool’s selected inputs into a ranking. They are descriptive metrics, not probabilities of profit. Avoid comparing scores from different tools or filter settings as if they used a common scale.

3. Keep different data sources separate

A block or bulk deal is an exchange-reported event. A mutual fund portfolio is a disclosure snapshot. The two can support a research question, but a matching stock and date do not establish that a specific fund made that trade.

RSI describes price momentum over its available observations. It does not measure mutual fund ownership. Read its period and price context separately from monthly portfolio activity.

4. Build a repeatable research path

Start with Top Buying or Top Selling, choose available periods, and inspect the coverage context. Open a stock that interests you, review its fund holdings, and compare the underlying portfolios before drawing a conclusion.

When results are empty, check filters and coverage. When loading fails, retry; do not treat an error as an empty market. If the page shows a preview, account access may reveal additional rows. Research tools describe historical information and do not recommend an investment.

Terms you will see

Breadth
The number of participating fund houses or schemes, according to the metric shown.
Conviction score
A descriptive positioning metric; it is not a fund manager’s stated intention or a return prediction.
Scheme category
A grouping by investment mandate. A small-cap fund category is not the same as a stock’s market-cap classification.
RSI
Relative Strength Index, a price-momentum indicator distinct from disclosed fund ownership.