• 1 Year Returns: 9.59%
• 3 Year Returns: 16.14%
• 5 Year Returns: 14.71%

• Specialized Finance | 12.04%
• Private Banks | 10.49%
• Others | 8.49%
• Auto Parts | 6.13%
• IT Services & Consulting | 5.42%

• One 97 Communications Ltd | 3.28%
• Syrma SGS Technology Limited | 2.86%
• ICICI Bank Limited | 2.84%
• HDFC Bank Limited | 2.81%
• Karur Vysya Bank Ltd | 2.79%

• Equity | 98.58%
• Cash & Equivalents | 1.32%
• Rights | 0.11%

The alpha ratio for the JM ELSS-Tax Saver Fund is 6.49

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 JM ELSS-Tax Saver Fund is 14.80

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 JM ELSS-Tax Saver Fund is 0.37

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 JM ELSS-Tax Saver Fund 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.