• 1 Year Returns: 18.52%

• Specialized Finance | 49.98%
• Insurance | 16.54%
• Investment Banking & Brokerage | 10.83%
• Consumer Finance | 8.57%
• Others | 6.00%

• Bajaj Finance Ltd | 15.47%
• BSE Ltd | 7.01%
• Bajaj Finserv Ltd | 6.94%
• Jio Financial Services Ltd | 6.65%
• Shriram Finance Ltd | 6.15%

• Equity | 100.25%
• Cash & Equivalents | -0.25%

The alpha ratio for the Kotak Nifty Financial Services Ex-Bank Index Fund is 3.17

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 Kotak Nifty Financial Services Ex-Bank Index Fund is 20.61

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 Kotak Nifty Financial Services Ex-Bank Index Fund is 0.83

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 Kotak Nifty Financial Services Ex-Bank Index Fund is 0.09

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.