Mutual Fund and Risk Details

Overview of Mutual Fund and Risk Data APIs

The Mutual Fund and Risk Data APIs are designed to provide detailed risk assessments at both the individual scheme and broader category levels within the mutual fund industry. These APIs are essential tools for investors, financial analysts, and fund managers who need to evaluate the risk profiles of mutual fund investments comprehensively. Here’s a breakdown of what each API in this group offers:

1. Scheme Level: Risk Parameters API

• Purpose: Delivers specific risk metrics for individual mutual fund schemes, such as standard deviation, beta, Sharpe ratio, and more, calculated over specified time frames.
• Benefit: Enables detailed risk assessment of individual funds, helping investors and analysts understand the volatility and potential return on investment relative to the market and other funds.

2. Category Level: Risk Parameters API

• Purpose: Provides aggregated risk metrics for all funds within a specified mutual fund category, offering insights into average risk measures like beta, standard deviation, and Sharpe ratios across the category.
• Benefit: Assists in evaluating the overall risk profile of fund categories, facilitating comparisons and benchmarking for investors looking to decide on the best category for their risk appetite and investment goals.