• 1 Year Returns: -1.83%

• FMCG - Household Products | 14.48%
• Retail - Online | 11.59%
• Packaged Foods & Meats | 11.23%
• Telecom Services | 10.46%
• FMCG - Tobacco | 8.35%

• Bharti Airtel Ltd | 9.60%
• Hindustan Unilever Ltd | 9.49%
• ITC Ltd | 8.35%
• Titan Company Ltd | 8.17%
• Eternal Ltd | 8.09%

• Equity | 100.09%
• Cash & Equivalents | -0.09%

The alpha ratio for the Groww Nifty Non-Cyclical Consumer Index Fund is -40.87

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 Groww Nifty Non-Cyclical Consumer Index Fund is 12.56

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 Groww Nifty Non-Cyclical Consumer Index Fund is -0.30

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 Groww Nifty Non-Cyclical Consumer Index Fund is -0.03

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.