• 1 Year Returns: 6.89%
• 3 Year Returns: 7.32%
• 5 Year Returns: 6.87%

• Others | 25.28%
• Private Banks | 16.97%
• Public Banks | 7.52%
• Oil & Gas - Refining & Marketing | 5.31%
• Iron & Steel | 4.88%

• Nippon India Money Market Fund Dir Pl-Growth-Gr Op | 15.46%
• Nippon India Ultra Short Term Fund- Dr Gr Op | 8.14%
• Reliance Industries Ltd | 4.83%
• HDFC Bank Limited | 4.62%
• ICICI Bank Limited | 4.21%

• Equity | 68.01%
• Mutual Funds | 23.60%
• Certificate of Deposit | 4.37%
• Cash & Equivalents | 4.02%

The alpha ratio for the Nippon India Arbitrage Fund(M-IDCW) is 0.15

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 1.34

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 1.67

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 0.21

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.