Keywords: Expected shortfall
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Journal Articles
International Journal of Innovation Science (2016) 8 (2): 161–180.
Published: 06 June 2016
... (cVaR)/expected shortfall (ES) are yet to find their places in the scheme information document. The disclosed risk measures are further computed using shorter horizon (daily/weekly/monthly) NAV returns – a method which inherently includes the short-term fluctuation risk that the ELSS investors...

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