• 1 Year Returns: 0.42%
• 3 Year Returns: 3.59%
• 5 Year Returns: 2.57%

• Private Banks | 11.64%
• Public Banks | 8.51%
• Investment Banking & Brokerage | 7.92%
• IT Services & Consulting | 6.98%
• Specialized Finance | 6.15%

• ICICI Bank Limited | 4.80%
• Clearing Corporation of India Ltd. | 4.57%
• Reliance Industries Ltd | 3.77%
• HDFC Bank Limited | 3.40%
• Larsen and Toubro Ltd | 3.30%

• Equity | 80.37%
• Corporate Debt | 6.52%
• Cash & Equivalents | 5.57%
• Certificate of Deposit | 3.55%
• Mutual Funds | 1.62%

The alpha ratio for the Edelweiss Balanced Advantage Fund(M-IDCW) is 2.99

Alpha is the excess return of a fund compared to its expected return, based on its beta and the risk-free rate. Positive alpha indicates that the fund has outperformed its expected return, while negative alpha suggests underperformance.

The volatility or standard deviation for the Edelweiss Balanced Advantage Fund(M-IDCW) is 9.11

Standard deviation measures the volatility or risk associated with the returns of a mutual fund. A higher standard deviation indicates higher volatility, suggesting that the returns of the mutual fund are more spread out from the average. On the other hand, a lower standard deviation implies lower volatility and a more stable performance.

The Sharpe ratio for the Edelweiss Balanced Advantage Fund(M-IDCW) is 0.60

The Sharpe ratio is a measure of risk-adjusted return that evaluates the performance of a mutual fund, by adjusting for its risk. Higher Sharpe ratio indicates a better risk-adjusted performance. A positive Sharpe ratio indicates that the MF has provided a return in excess of the risk-free rate for the amount of risk taken. Conversely, a negative Sharpe ratio suggests that the MF did not adequately compensate for the risk.

The Sortino Ratio for the Edelweiss Balanced Advantage Fund(M-IDCW) is 0.06

The Sortino ratio of a mutual fund is a measure of its risk-adjusted return, considering only downside volatility. It helps investors evaluate how well a fund is performing relative to its downside risk. A higher Sortino ratio (value >1) means the fund generates better returns for the downside risk taken.