• 1 Year Returns: -5.95%

• IT Services & Consulting | 32.23%
• Retail - Online | 21.14%
• Others | 17.37%
• Construction & Engineering | 6.10%
• Logistics | 4.37%

• Eternal Ltd | 9.35%
• Info Edge (India) Ltd | 8.40%
• MTAR Technologies Ltd | 6.10%
• One 97 Communications Ltd | 5.71%
• Affle 3i Ltd | 5.53%

• Equity | 98.11%
• Cash & Equivalents | 1.87%
• Deposits | 0.02%

The alpha ratio for the UTI Innovation Fund-Reg(IDCW) is -93.78

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 17.07

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 -0.62

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 -0.06

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.