• 1 Year Returns: 1.72%
• 3 Year Returns: 18.39%
• 5 Year Returns: 22.11%

• Auto Parts | 8.32%
• Specialized Finance | 8.04%
• IT Services & Consulting | 7.25%
• Pharmaceuticals | 6.42%
• Others | 5.81%

• Federal Bank Ltd | 3.55%
• Max Financial Services Ltd | 2.49%
• KEI Industries Ltd | 2.33%
• Cummins India Ltd | 2.29%
• Phoenix Mills Ltd | 2.24%

• Equity | 97.31%
• Cash & Equivalents | 2.62%
• Treasury Bills | 0.05%
• Pref Shares | 0.02%

The alpha ratio for the Union Midcap Fund-Reg(IDCW) is 13.93

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 Midcap Fund-Reg(IDCW) is 16.44

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 Midcap Fund-Reg(IDCW) is -0.10

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 Midcap Fund-Reg(IDCW) 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.