• 1 Year Returns: -0.01%
• 3 Year Returns: 0.01%
• 5 Year Returns: 0.01%

• Others | 87.53%
• G-Sec | 11.16%
• Miscellaneous | 1.32%

• Reverse Repo | 87.26%
• 91 Days Tbill | 3.37%
• 91 Days Tbill | 3.36%
• 364 Days Tbill | 2.10%
• Triparty Repo | 1.32%

• Cash & Equivalents | 88.84%
• Treasury Bills | 11.16%

The alpha ratio for the Nippon India Overnight Fund(M-IDCW) is 0.03

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 Overnight Fund(M-IDCW) is 0.01

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 Overnight Fund(M-IDCW) is 25.36

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 Overnight Fund(M-IDCW) is 0.13

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.