• 1 Year Returns: -0.06%

• IT Services & Consulting | 35.19%
• Retail - Online | 21.60%
• Others | 18.42%
• Pharmaceuticals | 4.53%
• Logistics | 4.23%

• Eternal Limited | 9.55%
• Info Edge (India) Ltd | 9.08%
• Affle 3i Ltd | 5.75%
• One 97 Communications Ltd | 5.72%
• FSN E-Commerce Ventures Limited | 5.71%

• Equity | 97.42%
• Cash & Equivalents | 2.56%
• Deposits | 0.02%

The alpha ratio for the UTI Innovation Fund-Reg(IDCW) 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 UTI Innovation Fund-Reg(IDCW) is 18.16

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 UTI Innovation Fund-Reg(IDCW) is -0.19

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 UTI Innovation Fund-Reg(IDCW) 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.