• 1 Year Returns: -0.99%
• 3 Year Returns: 11.15%

• Private Banks | 16.60%
• Diversified Chemicals | 9.32%
• Specialized Finance | 5.79%
• Others | 5.57%
• Auto Parts | 5.45%

• Larsen and Toubro Ltd | 3.81%
• ICICI Bank Limited | 3.74%
• Axis Bank Limited | 3.46%
• HDFC Bank Limited | 3.18%
• Mahindra & Mahindra Limited March 2024 Future | 2.71%

• Equity | 96.51%
• Cash & Equivalents | 3.02%
• Treasury Bills | 0.47%
• Futures & Options | 0.01%

The alpha ratio for the Axis Business Cycles Fund-Reg(IDCW) is 0.15

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 Business Cycles Fund-Reg(IDCW) is 14.85

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 Business Cycles Fund-Reg(IDCW) is 0.24

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 Business Cycles Fund-Reg(IDCW) is 0.02

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.