• 1 Year Returns: 4.07%

• Industrial Machinery | 46.62%
• Diversified Chemicals | 15.31%
• Metals - Diversified | 11.40%
• Others | 7.88%
• Electrical Components & Equipments | 7.26%

• Bharat Electronics Ltd | 18.51%
• Hindustan Aeronautics Ltd | 13.94%
• Bharat Forge Ltd | 11.40%
• Solar Industries India Ltd | 11.30%
• BEML Ltd | 8.30%

• Equity | 98.88%
• Cash & Equivalents | 1.12%

The alpha ratio for the HDFC Defence Fund-Reg(IDCW Reinvest) is 8.25

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 Defence Fund-Reg(IDCW Reinvest) is 25.14

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 Defence Fund-Reg(IDCW Reinvest) is 0.12

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 Defence Fund-Reg(IDCW Reinvest) is 0.01

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.