• 1 Year Returns: 7.61%
• 3 Year Returns: 7.14%
• 5 Year Returns: 5.86%

• Others | 21.41%
• Miscellaneous | 10.40%
• IT Services & Consulting | 6.53%
• Private Banks | 6.48%
• Pharmaceuticals | 4.25%

• Union Liquid Fund - Growth - Direct | 11.79%
• TREPS | 10.40%
• 7.40% Reverse Repo | 5.55%
• Union Money Market Fund - Direct Plan - | 3.24%
• HDFC Bank Ltd | 2.33%

• Equity | 68.31%
• Cash & Equivalents | 15.90%
• Mutual Funds | 15.03%
• Treasury Bills | 0.76%

The alpha ratio for the Union Arbitrage Fund(IDCW-Reinv) is 0.64

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 Union Arbitrage Fund(IDCW-Reinv) is 0.95

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 Union Arbitrage Fund(IDCW-Reinv) is 3.67

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 Union Arbitrage Fund(IDCW-Reinv) is 0.56

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.