Explainer: Sharpe Ratio – A key metric for risk-adjusted returns

Explainer: Sharpe Ratio – A key metric for risk-adjusted returns

Sharpe Ratio is one of the most crucial tools for evaluating the performance of mutual funds. This was developed by Nobel laureate William F. Sharpe, and measures the risk-adjusted return of an investment, helping investors determine whether the returns of a mutual fund are sufficient given the level of risk taken. The Sharpe Ratio of … Read more

Midcap funds get ahead of largecaps in AUM race

Midcap funds get ahead of largecaps in AUM race

ET Intelligence Group: The share of assets under management (AUM) by midcap funds has surpassed that of large-cap funds by 0.6 percentage point, the most on record, as per data from the Association of Mutual Funds in India. Midcap funds constitute 12.9% of the total equity AUM, compared with 12.3% for their large-cap peers. Now, … Read more