• 1 Year Returns: -0.14%
• 3 Year Returns: -0.14%
• 5 Year Returns: -0.06%

• Public Banks | 32.76%
• Consumer Finance | 24.14%
• G-Sec | 12.02%
• Power Generation | 6.54%
• Specialized Finance | 6.50%

• 7.44% National Bank For Agriculture and Rural Development (24/02/2028) | 6.28%
• 7.7% Nuclear Power Corporation Of India Limited (21/03/2038) ** | 3.28%
• 7.4% Small Industries Dev Bank of India (18/06/2031) | 3.27%
• 7.42% Power Finance Corporation Limited (15/04/2028) ** | 3.23%
• 6.54% Tamilnadu State Development Loans (25/02/2029) | 2.65%

• Corporate Debt | 69.81%
• Government Securities | 12.02%
• Certificate of Deposit | 10.47%
• Cash & Equivalents | 2.96%
• Secured Debt | 2.76%

The alpha ratio for the Axis Banking & PSU Debt Fund(W-IDCW) is 0.27

Alpha is the excess return of a fund compared to its expected return, based on its beta and the risk-free rate. Positive alpha indicates that the fund has outperformed its expected return, while negative alpha suggests underperformance.

The volatility or standard deviation for the Axis Banking & PSU Debt Fund(W-IDCW) is 1.13

Standard deviation measures the volatility or risk associated with the returns of a mutual fund. A higher standard deviation indicates higher volatility, suggesting that the returns of the mutual fund are more spread out from the average. On the other hand, a lower standard deviation implies lower volatility and a more stable performance.

The Sharpe ratio for the Axis Banking & PSU Debt Fund(W-IDCW) is 0.82

The Sharpe ratio is a measure of risk-adjusted return that evaluates the performance of a mutual fund, by adjusting for its risk. Higher Sharpe ratio indicates a better risk-adjusted performance. A positive Sharpe ratio indicates that the MF has provided a return in excess of the risk-free rate for the amount of risk taken. Conversely, a negative Sharpe ratio suggests that the MF did not adequately compensate for the risk.

The Sortino Ratio for the Axis Banking & PSU Debt Fund(W-IDCW) is 0.10

The Sortino ratio of a mutual fund is a measure of its risk-adjusted return, considering only downside volatility. It helps investors evaluate how well a fund is performing relative to its downside risk. A higher Sortino ratio (value >1) means the fund generates better returns for the downside risk taken.