• 1 Year Returns: 15.27%

• Others | 13.97%
• Auto Parts | 13.52%
• IT Services & Consulting | 9.46%
• Electrical Components & Equipments | 7.74%
• Retail - Online | 7.15%

• Eternal Limited | 4.73%
• One 97 Communications Ltd | 4.38%
• Ather Energy Ltd | 3.20%
• CG Power and Industrial Solutions Limited | 2.99%
• Acutaas Chemicals Ltd | 2.91%

• Equity | 97.82%
• Cash & Equivalents | 2.10%
• Treasury Bills | 0.05%
• Pref Shares | 0.04%

The alpha ratio for the Union Innovation & Opp Fund is 5.52

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 Innovation & Opp Fund is 16.59

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 Innovation & Opp Fund is 0.70

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 Innovation & Opp Fund is 0.07

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.