• 1 Year Returns: -3.06%

• IT Services & Consulting | 18.62%
• Retail - Online | 16.88%
• Pharmaceuticals | 12.77%
• Logistics | 8.52%
• Tour & Travel Services | 8.43%

• Eternal Ltd | 8.57%
• Blackbuck Ltd | 8.52%
• Tbo Tek Ltd | 8.43%
• TREPS | 7.19%
• Divi's Laboratories Ltd | 6.16%

• Equity | 93.28%
• Cash & Equivalents | 6.64%
• Treasury Bills | 0.08%

The alpha ratio for the SBI Innovative Opportunities Fund-Reg(IDCW Payout) is 9.32

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 Innovative Opportunities Fund-Reg(IDCW Payout) is 14.82

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 Innovative Opportunities Fund-Reg(IDCW Payout) is -0.41

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 Innovative Opportunities Fund-Reg(IDCW Payout) is -0.04

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.