• 1 Year Returns: 6.99%

• Electrical Components & Equipments | 15.69%
• IT Services & Consulting | 14.30%
• Auto Parts | 8.28%
• Others | 7.68%
• Retail - Online | 6.01%

• TREPS | 4.29%
• GE Vernova T&D India Ltd | 4.04%
• Info Edge (India) Ltd | 4.04%
• Affle 3i Ltd | 3.71%
• Suzlon Energy Ltd | 3.67%

• Equity | 96.38%
• Cash & Equivalents | 3.52%
• Treasury Bills | 0.06%
• Rights | 0.04%

The alpha ratio for the Union Innovation & Opp Fund is 9.17

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 21.22

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 0.28

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 0.03

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.