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Nifty 5023,346.40.55%H 23,389.15 · L 23,286.6|Sensex74,294.960.06%H 74,728.44 · L 74,294.96|Bank Nifty56,358.70.12%H 56,497.45 · L 56,073.55|USD / INR₹95.860.06%H ₹95.93 · L ₹95.7|Gold Intl (10g)₹1,36,177.950.43%H ₹1,36,837.51 · L ₹1,34,754.03|Silver Intl (1kg)₹2,06,113.081.18%H ₹2,09,256.78 · L ₹2,02,614.93|Crude WTI₹9,143.411.9%H ₹9,395.53 · L ₹9,090.69|Bitcoin₹77,78,6816.01%H ₹80,12,615.16 · L ₹75,44,746.84|Ethereum₹2,52,3967.39%H ₹2,61,724.33 · L ₹2,43,067.67|Nifty 5023,346.40.55%H 23,389.15 · L 23,286.6|Sensex74,294.960.06%H 74,728.44 · L 74,294.96|Bank Nifty56,358.70.12%H 56,497.45 · L 56,073.55|USD / INR₹95.860.06%H ₹95.93 · L ₹95.7|Gold Intl (10g)₹1,36,177.950.43%H ₹1,36,837.51 · L ₹1,34,754.03|Silver Intl (1kg)₹2,06,113.081.18%H ₹2,09,256.78 · L ₹2,02,614.93|Crude WTI₹9,143.411.9%H ₹9,395.53 · L ₹9,090.69|Bitcoin₹77,78,6816.01%H ₹80,12,615.16 · L ₹75,44,746.84|Ethereum₹2,52,3967.39%H ₹2,61,724.33 · L ₹2,43,067.67|
BreakingFY26 में Curefoods का राजस्व 23% बढ़कर ₹916 करोड़ हुआ, शुद्ध घाटा बढ़कर ₹192 करोड़ पर पहुँचा1/6

Alpha

The excess return a fund earns over its benchmark.

Definition

Alpha measures how much a fund or portfolio has outperformed (positive alpha) or underperformed (negative alpha) its benchmark index, after adjusting for risk. It reflects the value added by the fund manager's decisions.

Example

If a fund returns 15% while its benchmark returns 12%, it has generated roughly 3% of alpha.

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