The Sharpe ratio is a key measure of risk-adjusted returns, indicating the excess return generated over the risk-free rate for each unit of risk, as measured by standard deviation. Here are the top five gold commodity-based funds with the highest risk-adjusted returns. (Source: MF Screener Data)
AU Small Finance Bank Q2 profit jumps 53% to Rs 858 crore
AU’s gross non-performing assets ratio fell 42 basis points (bps) to 1.99% at the end of September. This helped in 25% lower provision at Rs