• 1 Year Returns: 1.14%
• 3 Year Returns: 11.76%
• 5 Year Returns: 10.01%

• Private Banks | 13.38%
• Pharmaceuticals | 7.94%
• Specialized Finance | 6.91%
• Auto Parts | 6.57%
• IT Services & Consulting | 5.92%

• ICICI Bank Limited | 4.84%
• HDFC Bank Limited | 2.86%
• INDO-MIM Ltd | 2.64%
• One 97 Communications Ltd | 2.49%
• Bharti Airtel Ltd | 2.32%

• Equity | 98.19%
• Cash & Equivalents | 1.75%
• Treasury Bills | 0.06%

The alpha ratio for the Union Large & Midcap Fund is 3.06

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 Large & Midcap Fund is 15.36

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 Large & Midcap Fund is -0.15

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 Large & Midcap Fund is -0.01

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.