• 1 Year Returns: -0.09%
• 3 Year Returns: -0.03%
• 5 Year Returns: 0.01%

• Public Banks | 27.15%
• Private Banks | 18.27%
• Investment Banking & Brokerage | 15.32%
• G-Sec | 15.16%
• Specialized Finance | 9.88%

• Bank of Baroda** | 3.94%
• 91 Day Treasury Bills | 3.76%
• HDFC Bank Ltd. | 2.97%
• Alembic Pharmaceuticals Ltd.** | 2.95%
• HDFC Bank Ltd.** | 2.95%

• Commercial Paper | 51.34%
• Certificate of Deposit | 39.50%
• Treasury Bills | 14.86%
• Corporate Debt | 5.35%
• N/A | 0.36%

The alpha ratio for the Union Liquid Fund(FN-IDCW Payout) is 0.19

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 Liquid Fund(FN-IDCW Payout) is 0.14

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 Liquid Fund(FN-IDCW Payout) is -1.29

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 Liquid Fund(FN-IDCW Payout) is -0.10

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.