• 1 Year Returns: -7.52%
• 3 Year Returns: 3.71%
• 5 Year Returns: 5.67%

• Private Banks | 15.81%
• Public Banks | 9.10%
• G-Sec | 7.09%
• Pharmaceuticals | 5.55%
• Construction & Engineering | 5.45%

• ICICI Bank Limited | 5.32%
• HDFC Bank Limited | 4.13%
• Reliance Industries Ltd | 3.74%
• State Bank of India | 3.46%
• Bharti Airtel Ltd | 2.93%

• Equity | 73.30%
• Corporate Debt | 15.95%
• Government Securities | 7.09%
• REITs & InvIT | 1.59%
• Cash & Equivalents | 1.25%

The alpha ratio for the HDFC Balanced Advantage Fund(IDCW-Reinv) is 1.48

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 HDFC Balanced Advantage Fund(IDCW-Reinv) is 9.65

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 HDFC Balanced Advantage Fund(IDCW-Reinv) is -0.53

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 HDFC Balanced Advantage Fund(IDCW-Reinv) is -0.05

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.