Aditya Birla Sun Life Nifty Bank ETF

Aditya Birla Sun Life Nifty Bank ETF is a Equity ETF fund from Aditya Birla Sun Life Mutual Fund.

Cost: Expense ratio data for this fund isn't available yet.

Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -0.48 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 16.93% is fairly typical for actively managed equity funds.

Who should invest: This fund is best suited to investors whose goals and risk appetite align with a ETF fund. The High risk rating means near-term volatility should be expected — this isn't a fund to check daily.