• 1 Year Returns: -8.69%

• IT Services & Consulting | 33.48%
• Others | 20.28%
• Retail - Online | 20.06%
• Tour & Travel Services | 3.62%
• Logistics | 3.52%

• Eternal Ltd | 8.82%
• Info Edge (India) Ltd | 8.45%
• PB Fintech Ltd | 7.46%
• Affle 3i Ltd | 5.44%
• Fsn E-Commerce Ventures Ltd | 5.24%

• Equity | 97.56%
• Cash & Equivalents | 2.42%
• Deposits | 0.02%

The alpha ratio for the UTI Innovation Fund-Reg(IDCW) is 10.23

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 18.52

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 -0.67

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 -0.07

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.