Union Innovation & Alternatives Fund Direct Progress efficiency evaluate evaluation for December: Union Innovation & Alternatives Fund Direct Progress, managed by the seasoned fund managers Sanjay Bembalkar,Gaurav Chopra, stays a distinguished participant within the World – Different. Union Innovation & Alternatives Fund boasts a formidable AUM of ₹847.59 crore. Underneath the steerage of Sanjay Bembalkar,Gaurav Chopra, the fund adheres to its goal of the funding goal of the Scheme is to attain long run capital appreciation by investing predominantly in fairness and fairness associated securities of Progressive Firms.. Nevertheless, there isn’t a assurance that the Funding Goal of the Scheme will probably be achieved.
Efficiency Evaluation:
Over the previous week, Union Innovation & Alternatives Fund returned 0.85%, displaying a constructive delta of two.05%. The one-month efficiency exhibits a constructive development, with the fund delivering 8.48%.
The efficiency over the longer durations is talked about beneath:
Beneath is the listing of high holdings within the fund:
Danger Measurement
Understanding the danger related to the fund is essential for buyers. The Sharpe Ratio, which measures risk-adjusted returns, is a key indicator of how nicely the fund compensates buyers for the danger taken. Over the previous 12 months, the fund’s Sharpe Ratio stands at 2.43, whereas the three-year and five-year ratios are 0.00 and 0.00, respectively. Sharpe ratio values above 1 are thought-about good, whereas values beneath 1 are thought-about unhealthy.
When it comes to volatility, the usual deviation over the identical durations— 12.07% for one 12 months, 0.00% for 3 years, and 0.00% for 5 years. Larger customary deviations point out better volatility, whereas decrease ones counsel extra steady returns.
Within the final month, the fund acquired new positions within the following shares:
The fund has elevated its place within the following shares:
The fund has decreased its holding within the following shares:
Disclaimer: That is an AI-generated stay story and has not been edited by LiveMint workers.
