• 1 Year Returns: -2.37%
• 3 Year Returns: 7.00%
• 5 Year Returns: 6.71%

• Private Banks | 11.48%
• Investment Banking & Brokerage | 9.77%
• Public Banks | 8.90%
• Specialized Finance | 6.75%
• IT Services & Consulting | 6.53%

• Clearing Corporation of India Ltd. | 6.20%
• ICICI Bank Ltd | 4.22%
• Reliance Industries Ltd | 4.21%
• HDFC Bank Ltd | 3.32%
• Larsen and Toubro Ltd | 3.23%

• Equity | 79.72%
• Corporate Debt | 6.49%
• Cash & Equivalents | 6.11%
• Certificate of Deposit | 3.65%
• Mutual Funds | 1.62%

The alpha ratio for the Edelweiss Balanced Advantage Fund(Q-IDCW) is 2.08

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(Q-IDCW) is 8.95

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(Q-IDCW) is -0.36

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(Q-IDCW) is -0.04

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.