Tata Banking & Financial Services Fund(IDCW)

• 1 Year Returns: 8.06%
• 3 Year Returns: 18.38%
• 5 Year Returns: 16.19%

• Private Banks | 61.89%
• Specialized Finance | 13.46%
• Home Financing | 11.08%
• Insurance | 4.67%
• Public Banks | 2.98%

• HDFC Bank Ltd | 24.26%
• Kotak Mahindra Bank Ltd | 9.58%
• Axis Bank Ltd | 8.89%
• ICICI Bank Ltd | 8.77%
• SBI Cards and Payment Services Ltd | 3.23%

• Equity | 98.69%
• Cash & Equivalents | 1.31%

The alpha ratio for the Tata Banking & Financial Services Fund(IDCW) is -0.15

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 Tata Banking & Financial Services Fund(IDCW) is 16.01

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 Tata Banking & Financial Services Fund(IDCW) is 0.41

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 Tata Banking & Financial Services Fund(IDCW) is 0.04

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.