• 1 Year Returns: 0.51%
• 3 Year Returns: 0.42%
• 5 Year Returns: 0.93%

• Public Banks | 28.57%
• Consumer Finance | 24.85%
• G-Sec | 18.90%
• Private Banks | 7.40%
• Power Generation | 6.26%

• 7.1% Government of India | 7.23%
• 6.79% Government of India | 4.66%
• 7.62% National Bank For Agriculture and Rural Development | 3.87%
• 7.59% National Housing Bank | 3.07%
• 7.68% Indian Railway Finance Corporation Limited | 3.07%

• Corporate Debt | 71.93%
• Government Securities | 18.90%
• Cash & Equivalents | 5.39%
• Certificate of Deposit | 2.09%
• Floating-rate Debt | 1.41%

The alpha ratio for the Nippon India Banking & PSU Debt Fund(M-IDCW) is 0.72

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 Banking & PSU Debt Fund(M-IDCW) is 0.84

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 Banking & PSU Debt Fund(M-IDCW) is 4.50

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 Banking & PSU Debt Fund(M-IDCW) is 0.49

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.