• 1 Year Returns: -5.46%
• 3 Year Returns: 10.68%
• 5 Year Returns: 14.03%

• Private Banks | 15.58%
• Pharmaceuticals | 8.84%
• IT Services & Consulting | 7.66%
• Others | 4.41%
• Oil & Gas - Refining & Marketing | 4.11%

• HDFC Bank Ltd | 5.70%
• Axis Bank Ltd | 4.23%
• State Bank of India | 2.51%
• ICICI Bank Ltd | 2.40%
• Reliance Industries Ltd | 2.28%

• Equity | 98.41%
• Cash & Equivalents | 1.37%
• Mutual Funds | 0.22%

The alpha ratio for the Mirae Asset Large & Midcap Fund(IDCW) is 4.92

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 Large & Midcap Fund(IDCW) is 15.62

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 Large & Midcap Fund(IDCW) is -0.03

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 Large & Midcap Fund(IDCW) is -0.00

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.