Value Added Monthly Index (VAMI)

The Value Added Monthly Index (VAMI) is a performance measurement tool that tracks the growth of a hypothetical ₹1,000 (or $1,000) investment in a fund or strategy over time, with all returns reinvested on a monthly basis. Starting from a base value of 1,000, the VAMI chart shows the cumulative compound growth of the investment month by month — making it easy to visualise the actual rupee growth of wealth over the investment period and to compare multiple funds or strategies on a single chart. A rising VAMI line indicates consistent positive returns with compounding working in the investor's favour, while dips in the VAMI line during market downturns illustrate drawdown periods. In India, VAMI is used by portfolio management service (PMS) providers, alternative investment funds (AIFs), and proprietary trading desks to present long-term track records in a visually intuitive format. Unlike percentage returns alone, the VAMI chart immediately shows the real-world wealth creation impact of compounding across different strategies.