• 1 Year Returns: 7.52%
• 3 Year Returns: 17.65%

• Others | 14.25%
• Auto Parts | 12.63%
• IT Services & Consulting | 9.84%
• Electrical Components & Equipments | 8.72%
• Retail - Online | 7.59%

• One 97 Communications Ltd | 5.25%
• Eternal Limited | 4.80%
• TREPS | 3.65%
• Info Edge (India) Ltd | 3.49%
• GE Vernova T&D India Ltd | 3.20%

• Equity | 96.13%
• Cash & Equivalents | 3.76%
• Treasury Bills | 0.11%

The alpha ratio for the Union Innovation & Opp Fund is 6.06

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 17.12

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 0.20

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 0.02

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.