• 1 Year Returns: 1.14%
• 3 Year Returns: 11.06%
• 5 Year Returns: 6.07%

• Private Banks | 19.26%
• Pharmaceuticals | 7.62%
• Specialized Finance | 6.49%
• Construction & Engineering | 5.18%
• IT Services & Consulting | 4.98%

• ICICI Bank Limited | 7.02%
• HDFC Bank Limited | 5.55%
• Bharti Airtel Ltd | 4.26%
• Bajaj Finance Ltd | 3.42%
• Eternal Limited | 3.24%

• Equity | 98.21%
• Cash & Equivalents | 1.79%

The alpha ratio for the Axis ELSS-Tax Saver Fund is -0.56

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 ELSS-Tax Saver Fund is 13.73

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 ELSS-Tax Saver Fund 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 ELSS-Tax Saver Fund 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.