• 1 Year Returns: 5.63%
• 3 Year Returns: 7.20%

• G-Sec | 96.93%
• Others | 1.88%
• Miscellaneous | 1.18%

• 7.16% State Government of Madhya Pradesh 2026 | 15.54%
• 364 DAY T-BILL 02.10.26 | 13.82%
• GOI 22.08.2026 GOV | 12.47%
• 7.37% State Government of Maharashtra 2026 | 9.63%
• 7.60% State Government of Gujarat 2026 | 7.75%

• Government Securities | 82.18%
• Treasury Bills | 14.75%
• Cash & Equivalents | 3.07%

The alpha ratio for the SBI FMP-51-1846D is -0.07

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 SBI FMP-51-1846D is 0.24

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 SBI FMP-51-1846D is -0.91

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 SBI FMP-51-1846D is -0.10

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.