• 1 Year Returns: 8.97%
• 3 Year Returns: 12.15%
• 5 Year Returns: 17.91%

• Private Banks | 22.05%
• IT Services & Consulting | 15.38%
• Others | 7.59%
• Auto Parts | 6.96%
• Retail - Online | 6.95%

• HDFC Bank Ltd | 9.51%
• ICICI Bank Ltd | 7.48%
• Infosys Ltd | 6.87%
• TREPS | 5.14%
• Axis Bank Ltd | 5.06%

• Equity | 94.73%
• Cash & Equivalents | 5.27%

The alpha ratio for the Mirae Asset Focused Fund-Reg(IDCW) is 4.52

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 Mirae Asset Focused Fund-Reg(IDCW) is 14.51

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 Mirae Asset Focused Fund-Reg(IDCW) is 0.38

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 Mirae Asset Focused Fund-Reg(IDCW) 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.