• 1 Year Returns: -0.19%
• 3 Year Returns: 18.81%
• 5 Year Returns: 21.82%

• Specialized Finance | 9.44%
• Pharmaceuticals | 7.90%
• IT Services & Consulting | 7.60%
• Auto Parts | 7.46%
• Private Banks | 6.60%

• Federal Bank Ltd | 3.83%
• Max Financial Services Ltd | 2.84%
• Fortis Healthcare Ltd | 2.41%
• KEI Industries Ltd | 2.37%
• Phoenix Mills Ltd | 2.28%

• Equity | 97.86%
• Cash & Equivalents | 2.02%
• Treasury Bills | 0.10%
• Pref Shares | 0.02%

The alpha ratio for the Union Midcap Fund-Reg(IDCW Payout) is 13.99

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 Payout) is 16.54

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 Payout) is -0.24

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 Payout) 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.