• Miscellaneous | 18.80%
• Private Banks | 9.74%
• Industrial Machinery | 8.16%
• Specialized Finance | 7.92%
• Real Estate | 5.44%

• Triparty Repo | 18.49%
• ICICI Bank Limited | 6.01%
• Eternal Limited | 3.32%
• INDO-MIM Ltd | 3.17%
• Bharti Airtel Ltd | 3.07%

• Equity | 88.63%
• Cash & Equivalents | 11.37%

The alpha ratio for the Summit Equity Long-Short Fund is 15.59

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 Summit Equity Long-Short Fund is 9.01

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 Summit Equity Long-Short Fund is 2.92

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 Summit Equity Long-Short Fund is 0.29

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.