• 1 Year Returns: 6.71%
• 3 Year Returns: 7.37%
• 5 Year Returns: 6.75%

• Others | 24.21%
• Private Banks | 15.06%
• Public Banks | 7.62%
• Specialized Finance | 5.39%
• Oil & Gas - Refining & Marketing | 5.07%

• Nippon India Money Market Fund Dir Pl-Growth-Gr Op | 15.56%
• Nippon India Ultra Short Duration Fund- Dr Gr Op | 7.61%
• Reliance Industries Ltd | 4.58%
• HDFC Bank Limited | 4.37%
• Triparty Repo | 3.03%

• Equity | 68.41%
• Mutual Funds | 23.16%
• Certificate of Deposit | 5.11%
• Cash & Equivalents | 1.97%
• Corporate Debt | 1.35%

The alpha ratio for the Nippon India Arbitrage Fund(M-IDCW) is 0.10

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 Nippon India Arbitrage Fund(M-IDCW) is 1.07

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 Nippon India Arbitrage Fund(M-IDCW) is 2.01

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 Nippon India Arbitrage Fund(M-IDCW) is 0.28

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.