• 1 Year Returns: 0.12%
• 3 Year Returns: 22.95%
• 5 Year Returns: 23.65%

• Private Banks | 18.84%
• Oil & Gas - Refining & Marketing | 6.90%
• IT Services & Consulting | 6.38%
• Construction & Engineering | 6.30%
• Power Generation | 4.95%

• ICICI Bank Ltd | 7.72%
• HDFC Bank Ltd | 7.12%
• Reliance Industries Ltd | 4.81%
• Infosys Ltd | 3.67%
• State Bank of India | 3.38%

• Equity | 99.06%
• Cash & Equivalents | 0.94%
• Corporate Debt | N/A%

The alpha ratio for the Nippon India Retirement Fund-Wealth Creation is 3.80

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 Retirement Fund-Wealth Creation is 15.24

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 Retirement Fund-Wealth Creation is -0.22

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 Retirement Fund-Wealth Creation is -0.02

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.