• 1 Year Returns: 5.67%
• 3 Year Returns: 6.49%
• 5 Year Returns: 5.88%

• Public Banks | 35.62%
• Private Banks | 15.61%
• Specialized Finance | 14.93%
• Investment Banking & Brokerage | 9.50%
• Home Financing | 7.85%

• Small Industries Dev Bank of India (28/01/2027) ** | 5.87%
• HDFC Bank Limited (15/01/2027) | 5.40%
• Punjab National Bank (09/02/2027) ** | 5.37%
• Canara Bank (28/01/2027) ** | 4.41%
• 8.03% Mindspace Business Parks REIT (10/12/2026) ** | 4.01%

• Certificate of Deposit | 49.53%
• Corporate Debt | 36.75%
• Commercial Paper | 4.53%
• Treasury Bills | 2.98%
• Secured Debt | 2.46%

The alpha ratio for the Axis Ultra Short Term Fund-Reg(IDCW) is 0.52

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 Ultra Short Term Fund-Reg(IDCW) is 0.44

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 Ultra Short Term Fund-Reg(IDCW) is 2.53

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 Ultra Short Term Fund-Reg(IDCW) is 0.34

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.