Absolute return
Absolute return measures the total gain or loss on an investment over a specific period, without comparing it to a benchmark or considering how long the investment was held. It is usually expressed as a percentage of the initial investment. For example, if an investment grows from ₹1 lakh to ₹1.10 lakh, its absolute return is 10%. Absolute return is useful for understanding the actual change in the value of an investment, particularly over shorter periods.