Sharpe ratio is a risk adjusted return measure. It measures the excess return over the risk free rate per unit of risk and is measured in terms of standard deviation. Here are top 5 gold commodity based funds with highest risk adjusted returns (Source: MF Screener).
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