Historical Quarterly Composite Performance (%)
| Calendar Year
|
India 3T
|
Benchmark*
|
Alpha
|
|
2013
|
9.3
|
3.3
|
6.0
|
|
2014
|
62.4
|
37.0
|
25.5
|
|
2015
|
19.2
|
(0.8)
|
20.0
|
|
2016
|
12.3
|
3.8
|
8.5
|
|
2017
|
36.1
|
35.9
|
0.1
|
|
2018*
|
(2.3)
|
(3.7)
|
1.4
|
|
Data As on 30 Sep 2018
|
Know your Portfolio Risk Measures: Your Portfolio quality is higher even if your
steadier returns.
|
Alpha
|
Alpha is the excess return of the fund over the benchmark.
|
|
Beta
|
Beta is a measure of the risk of the portfolio in comparison to the benchmark. A
value of Beta <1 means lower risk than the benchmark while a Beta >1 means
the risk is higher than the benchmark.
|
|
Annual Tracking Error
|
Tracking Error is the divergence of the portfolio in comparison to the benchmark.
It explains the excess risk in the porfolio as compared to the benchmark. It should
be understood along with the Information Ratio.
|
|
Information Ratio
|
Information Ratio(IR) explains the risk adjusted performance of the fund against
the benchmark. IR is the ratio of portfolio excess returns (against the benchmark)
divided by the Tracking Error. IR>1 is very good as it means that the excess
return generated was greater than the excess risk vis-a-vis the benchmark.
|
|
Maximum Drawdown
|
Maximum Drawdown is the maximum historical loss realized by the portfolio on a Mark
to Market (MTM) basis. It indicates the maximum downside risk over a specified time
period. A Maximum Drawdown lower than the benchmark indicates a better risk-adjusted
portfolio.
|
Investing Involves Risk. This document is for information purposes only and should
not be viewed as a legal offering document or solicitation. Offers to invest in
this fund are made only by the Discretionary Portfolio Management Services Agreement.
Past performance does not guarantee future results and there is no assurance that
the managed accounts will necessarily achieve its objectives. Any forward-looking
information and/or opinions contained in this document are based on the market information
available at the time of publication and are subject to a number of known and unknown
risks, uncertainties, assumptions as to future events and other factors that could
cause the actual results to differ materially from those implied by the information
set forth herein. This information is confidential and is intended for only the
person or entity to whom it was sent and in no circumstances may this material be
shown, copied, transmitted, or otherwise given to any person other than the authorized
recipient. The sector allocations and holdings shown are based on the strategy's
model portfolio. The holdings shown do not represent all of the securities purchased,
sold or recommended for any particular advisory client and in the aggregate may
represent only a small percentage of an account's portfolio holdings. Actual portfolios
may differ as a result of account size, client-imposed investment restrictions,
the timing of client investments and market, economic and individual company considerations.
Securities are shown for illustrative purposes only and are not a solicitation to
buy or sell any particular security or invest in a particular sector. Narnolia Velox
may act as either a discretionary investment manager or a non-discretionary model
provider in a variety of separately managed accounts. Any performance information
included herein represents the performance achieved by Narnolia Velox as a discretionary
investment manager with trade implementation responsibility for accounts included
in a performance.