• 1 Year Returns: 23.79%
• 3 Year Returns: 19.80%
• 5 Year Returns: 14.66%

• Private Banks | 49.36%
• Public Banks | 12.91%
• Insurance | 11.00%
• Specialized Finance | 7.90%
• Investment Banking & Brokerage | 5.25%

• HDFC Bank Ltd | 17.35%
• ICICI Bank Ltd | 15.82%
• State Bank of India | 9.49%
• Axis Bank Ltd | 9.26%
• Shriram Finance Ltd | 3.48%

• Equity | 97.90%
• Cash & Equivalents | 2.10%

The alpha ratio for the Tata Banking & Financial Services Fund(IDCW-Payout) is -35.38

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 Tata Banking & Financial Services Fund(IDCW-Payout) is 12.56

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 Tata Banking & Financial Services Fund(IDCW-Payout) is 1.56

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 Tata Banking & Financial Services Fund(IDCW-Payout) is 0.18

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.