• 1 Year Returns: 0.65%

• Electrical Components & Equipments | 13.12%
• Pharmaceuticals | 11.80%
• Four Wheelers | 10.90%
• Auto Parts | 9.28%
• Industrial Machinery | 8.98%

• Mahindra and Mahindra Ltd | 6.15%
• Bharat Electronics Ltd | 4.67%
• Reliance Industries Ltd | 4.32%
• Maruti Suzuki India Ltd | 3.33%
• Sun Pharmaceutical Industries Ltd | 3.23%

• Equity | 98.56%
• Cash & Equivalents | 1.41%
• Pref Shares | 0.03%

The alpha ratio for the Axis India Manufacturing Fund-Reg(IDCW) is 10.15

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 India Manufacturing Fund-Reg(IDCW) is 15.04

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 India Manufacturing Fund-Reg(IDCW) is -0.21

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 India Manufacturing 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.