• 1 Year Returns: 2.63%

• Private Banks | 11.97%
• Two Wheelers | 8.84%
• Others | 8.75%
• Specialized Finance | 8.28%
• Telecom Services | 7.02%

• Bharti Airtel Ltd | 7.02%
• HDFC Bank Ltd | 5.75%
• Bharat Electronics Ltd | 4.74%
• Multi Commodity Exchange of India Ltd | 4.68%
• Laurus Labs Ltd | 4.34%

• Equity | 99.36%
• Cash & Equivalents | 0.64%

The alpha ratio for the Axis Momentum Fund-Reg(IDCW) is -0.34

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 Momentum Fund-Reg(IDCW) is 15.61

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 Momentum Fund-Reg(IDCW) is -0.04

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 Momentum Fund-Reg(IDCW) is -0.00

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.