The scheme has outperformed its benchmark (Nifty 500 Multicap 50:25:25 Total Return Index) with an alpha of 4.97% in the last 3 years
This measures the risk-adjusted outperformance of the scheme with respect to the benchmark calculated based on last 3 years of performance. Higher alpha implies higher outperformance (in the last 3 years)
What is Alpha (3Y)?
Expense ratio of the scheme (0.65%) is lower than average expense ratio of the category (1.62%), excluding index funds and ETFs
This measures the relative expense of the scheme with respect to average expense ratio of the category. Investors should always prefer schemes with lower expense, everything else remaining the same
What is Expense ratio?
3-year CAGR of 14.27% is between 25th and 75th percentile in its category - Equity: Multi Cap
This is measured by percentile rank of the scheme in its category based on 3-year CAGR. Lower rank implies that scheme was a relative outperformer in its category
What is CAGR (3Y)?
Volatility of scheme returns is roughly in the range of average volatility of the category
This measures the volatility of monthly returns of the scheme (in the last 3 years) with respect to average volatility of the category. Higher number implies that scheme has been riskier that average category risk
What is Volatility (3Y)?
The scheme is seks to generate long-term capital appreciation through diversifiedinvestments in equity & equity related instruments across large cap, mid cap, and small cap stocks
