• 1 Year Returns: 6.58%

• Specialized Finance | 93.35%
• Investment Banking & Brokerage | 5.53%
• Public Banks | 1.06%
• G-Sec | 0.21%
• Others | -0.14%

• 7.65% Poonawalla Fincorp Limited (21/04/2027) ** | 11.51%
• 8.12% Kotak Mahindra Prime Limited (21/06/2027) ** | 11.08%
• 8.285% Tata Capital Limited (10/05/2027) ** | 9.44%
• 8.3324% HDB Financial Services Limited (10/05/2027) ** | 8.15%
• 7.2337% Bajaj Finance Limited (28/06/2027) ** | 7.03%

• Corporate Debt | 87.50%
• Commercial Paper | 5.85%
• Cash & Equivalents | 5.38%
• Certificate of Deposit | 1.06%
• Government Securities | 0.21%

The alpha ratio for the Axis CRISIL-IBX AAA Bond NBFC - Jun 2027 Index Fund is 0.83

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 CRISIL-IBX AAA Bond NBFC - Jun 2027 Index Fund is 0.72

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 CRISIL-IBX AAA Bond NBFC - Jun 2027 Index Fund is 2.79

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 CRISIL-IBX AAA Bond NBFC - Jun 2027 Index Fund is 0.34

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.