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तुमची आवडती भाषा निवडा

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Nifty 5024,206.91.02%H 24,228.45 · L 24,120.35|Sensex77,569.391.08%H 77,642.23 · L 77,320.56|Bank Nifty58,045.91.39%H 58,251.95 · L 57,576.7|USD / INR₹95.370.01%H ₹95.37 · L ₹95.37|Gold Intl (10g)₹1,25,463.360.53%H ₹1,26,070.47 · L ₹1,25,328.45|Silver Intl (1kg)₹1,81,228.61.76%H ₹1,83,344.29 · L ₹1,81,059.96|Crude WTI₹7,039.263.36%H ₹7,076.45 · L ₹6,979.18|Bitcoin$63,7730.75%H $64,010.72 · L $63,535.28|Ethereum$1,800.950.82%H $1,808.3 · L $1,793.6|Nifty 5024,206.91.02%H 24,228.45 · L 24,120.35|Sensex77,569.391.08%H 77,642.23 · L 77,320.56|Bank Nifty58,045.91.39%H 58,251.95 · L 57,576.7|USD / INR₹95.370.01%H ₹95.37 · L ₹95.37|Gold Intl (10g)₹1,25,463.360.53%H ₹1,26,070.47 · L ₹1,25,328.45|Silver Intl (1kg)₹1,81,228.61.76%H ₹1,83,344.29 · L ₹1,81,059.96|Crude WTI₹7,039.263.36%H ₹7,076.45 · L ₹6,979.18|Bitcoin$63,7730.75%H $64,010.72 · L $63,535.28|Ethereum$1,800.950.82%H $1,808.3 · L $1,793.6|
Breakingतुमच्या मुलांच्या शिक्षणावर कर वाचवा: कलम 80C आणि भत्त्यांच्या लाभांचे स्पष्टीकरण1/6

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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