• 1 Year Returns: 8.24%

• Pharmaceuticals | 12.08%
• Auto Parts | 10.63%
• Four Wheelers | 9.79%
• Industrial Machinery | 7.89%
• Electrical Components & Equipments | 7.67%

• Mahindra and Mahindra Ltd | 5.73%
• Bharat Electronics Ltd | 4.69%
• Reliance Industries Ltd | 4.21%
• Clearing Corporation of India Ltd | 3.72%
• Sun Pharmaceutical Industries Ltd | 3.32%

• Equity | 96.45%
• Cash & Equivalents | 3.52%
• Pref Shares | 0.03%

The alpha ratio for the Axis India Manufacturing Fund-Reg(IDCW) is -5.75

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 14.63

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 0.53

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 0.05

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.