• 1 Year Returns: -1.42%
• 3 Year Returns: 21.20%

• Private Banks | 14.26%
• IT Services & Consulting | 7.29%
• Electrical Components & Equipments | 6.77%
• Auto Parts | 6.48%
• Pharmaceuticals | 4.91%

• HDFC Bank Ltd | 5.89%
• ICICI Bank Ltd | 3.57%
• Reliance Industries Ltd | 3.43%
• Clearing Corporation of India Ltd | 2.50%
• Bharti Airtel Ltd | 2.17%

• Equity | 97.32%
• Cash & Equivalents | 2.67%
• Pref Shares | 0.01%

The alpha ratio for the Axis Multicap Fund-Reg(IDCW) is 12.48

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 Multicap Fund-Reg(IDCW) is 14.35

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 Multicap Fund-Reg(IDCW) is -0.33

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 Multicap Fund-Reg(IDCW) is -0.03

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.