What is Sharpe ratio in mutual fund?

What is Sharpe ratio in mutual fund? Sharpe ratio is used to evaluate the risk-adjusted performance of a mutual fund. Basically, this ratio tells an investor how much extra return he will receive on holding a risky asset. What is a good Sharpe ratio for a mutual fund? Usually, any Sharpe ratio greater than 1.0 … Continue reading What is Sharpe ratio in mutual fund?