ISIN INF760K01HB2
Performance analysis
Rolling returns in quartiles
The 3 year excess rolling returns are negative across the corporate bond. The blue line is mostly in the 2nd/3rd quartile.
The fund’s rolling returns are consistently below the 0%. The fund has been in between 2nd and 3rd quartile for the maximum of its period.
Rolling risk/return (Snail-trail)
The standard deviation on the 3 year excess returns range between -1% to 3%. overall there is high volatility in the fund.
The fund started with negative returns and with a higher risk of 4% and now as of May 2023, the returns have fallen down to -1.25% and the risk has decreased to 0.7%.
Tracking error
The tracking error ranges between 0 to 2
The TE was at its peak in the month of March 2021 at around 1.43% and from then the fund has gradually decreased to 0.21% as of May 2023.
Information ratio
The information ratio ranges between 0 to -3.5. The overall ratio has been mostly below 0.
The IR started at 0 and then has fallen continuously to -3.5 % as of May 2023. It has never been in the positive range.
Prepared by – Ganesh Hulke
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