Axis Nifty Bank Etf

Review Date: 13-03-2025

A review of the different performance parameters of the fund is as follows:

1. Returns: It indicates the appreciation in the investment's value within the investment period, represented as a percentage or a specific amount of money. We conducted an analysis of the five return parameters of this fund to assess their performance. To assess performance, we have segmented the return parameters into three groups: the top 25%, parameters below the top 25% but still above average, and parameters below average. The results are provided below.
   1. Top 25%: One return parameter of the Axis NIFTY Bank ETF is in the top 25% in the category, as shown below:
      
      • 6M Return %
   2. Above Average Below the Top 25%: The Axis NIFTY Bank ETF has three return parameters in the category, which are above average but below the top 25%, as listed below:
      
      • 1M Return %
      • 1Y Return %
      • 3Y Return %
   3. Below Average: Axis NIFTY Bank ETF has one return parameter that is below average in the category, which is listed below:
      
      • 3M Return %
2. Risk: The threat of not realizing projected profits or even facing financial loss due to different issues is known as risk. For Axis NIFTY Bank ETF, we have analyzed two risk parameters and divided them into three groups the lowest 25%, below average but above the lowest 25%, and above average, which are described below.
   1. Lowest 25%: one risk parameter in the lowest 25% in the category, which is listed below.
      • Semi-Deviation: It is a measure of the dispersion of a set of data from its mean. It is calculated as the square root of variance by determining the variation between each data point relative to the mean. The higher the semi-deviation, the greater the risk. The semi-deviation of the fund is 9.13 %.
   2. Below Average but Above the Lowest 25%: Axis NIFTY Bank ETF has one risk parameter that is below average but above the lowest 25% in the category. These are:
      • Standard Deviation: It is a measure of the dispersion of a set of data from its mean. It is calculated as the square root of variance by determining the variation between each data point relative to the mean. The higher the standard deviation, the greater the risk. The standard deviation of the fund is 14.35 %.
   3. Above Average: Axis NIFTY Bank ETF does not have any risk parameters above average; which is a good sign.
3. Risk Adjusted Performance Parameters: In mutual funds, risk-adjusted performance parameters are evaluation tools that gauge the returns of an investment against the risk taken. They assist investors in comparing various investments, factoring in both risk and returns. We have evaluated three risk-adjusted performance parameters of the fund.
   1. Top 25% Risk Adjusted Performance Parameters: Axis NIFTY Bank ETF has one risk-adjusted performance parameter of the fund that is in the top 25% of the category.
      • Sterling Ratio: Axis NIFTY Bank ETF has a Sterling Ratio of 0.62 compared to the category average of 0.46.
   2. Above Average Below Top 25% Risk Adjusted Performance Parameters: Axis NIFTY Bank ETF has two risk-adjusted performance parameters of the fund that are in the this group of the category.
      • Sharpe Ratio: Axis NIFTY Bank ETF has a Sharpe Ratio of 0.32 compared to the category average of 0.29.
      • Sortino Ratio: Axis NIFTY Bank ETF has a Sortino Ratio of 0.2 compared to the category average of 0.14.
   3. Below Average Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the above average but below top 25% of the category.

Date	Axis Nifty Bank Etf NAV Regular Growth	Axis Nifty Bank Etf NAV Direct Growth
13-03-2025	490.972	None
12-03-2025	490.936	None
11-03-2025	488.8686	None
10-03-2025	492.5689	None
07-03-2025	495.4423	None
06-03-2025	496.7736	None
05-03-2025	495.3683	None
04-03-2025	492.8704	None
03-03-2025	491.5346	None
28-02-2025	493.8934	None
27-02-2025	497.9676	None
25-02-2025	496.5853	None
24-02-2025	497.0323	None
21-02-2025	500.3995	None
20-02-2025	504.0103	None
19-02-2025	506.4202	None
18-02-2025	501.4884	None
17-02-2025	503.2419	None
14-02-2025	501.619	None
13-02-2025	504.2799	None