Axis Nifty Healthcare Etf Overview
Category Other ETFs
BMSMONEY Rank 6
BMSMONEY Rating
Gro. Opt. As On: 22-11-2024
NAV ₹141.84(R) +1.3% (D) %
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 37.89% 18.66% -% -% -%
LumpSum (D)
SIP (R) 8.18% 24.94% -% -% -%
SIP (D)
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.69 0.37 0.72 -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
16.13% -18.62% -16.1% - 11.17%
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NAV Date: 22-11-2024

Scheme Name NAV Rupee Change Percent Change
Axis NIFTY Healthcare ETF 141.84
1.8200
1.3000%

Review Date: 22-11-2024

A review of the different performance parameters of the fund is as follows:
  1. Returns: It captures the increment in the investment's value during the investment period, articulated as either a percentage or a monetary denomination. We carefully examined five return parameters of this fund to gauge its performance. The return parameters have been divided into three performance groups: the top 25%, parameters below the top 25% but exceeding the average, and parameters below the average mark. Please find the detailed analysis below.
    1. Top 25%: Three return parameters of the Axis NIFTY Healthcare ETF are in the top 25% in the category, as listed below:
      • 6M Return %
      • 1Y Return %
      • 3Y Return %
    2. Above Average Below the Top 25%: One return parameter of the Axis NIFTY Healthcare ETF is above average but below the top 25% in the category, as shown below:
      • 3M Return %
    3. Below Average: Axis NIFTY Healthcare ETF has one return parameter that is below average in the category, which is listed below:
      • 1M Return %
  2. Risk: It signifies the potential for financial loss or the failure to achieve anticipated returns due to diverse elements. We have analyzed two risk parameters of Axis NIFTY Healthcare ETF, and divided it into three groups the lowest 25%, below average but above the lowest 25%, and above average. More details are provided below.
    1. Lowest 25%: Axis NIFTY Healthcare ETF does not have any risk parameters in the lowest 25% of the category. It means high risk compared to other funds in the category.
    2. Below Average but Above the Lowest 25%: Axis NIFTY Healthcare ETF does not have any risk parameters in the below average but above the lowest 25% of the category.
    3. Above Average: Axis NIFTY Healthcare ETF has two parameters that are above average which are listed below:
      • 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 16.13 %.
      • 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 11.17 %.
  3. Risk Adjusted Performance Parameters: Risk-adjusted performance parameters in mutual funds are parameters that assess the return on investments based on the risks involved. These parameters provide a platform for investors to compare various investments, by considering both profits and the risks involved. For Axis NIFTY Healthcare ETF, we have evaluated three risk-adjusted performance parameters.
    1. Top 25% Risk Adjusted Performance Parameters: Axis NIFTY Healthcare ETF has two risk-adjusted performance parameters of the fund that are in the top 25% of the category.
      • Sharpe Ratio: Axis NIFTY Healthcare ETF has a Sharpe Ratio of 0.69 compared to the category average of 0.36.
      • Sortino Ratio: Axis NIFTY Healthcare ETF has a Sortino Ratio of 0.37 compared to the category average of 0.17.
    2. Above Average Below Top 25% Risk Adjusted Performance Parameters: Axis NIFTY Healthcare ETF has one risk-adjusted performance parameter of the fund that is in the this group of the category.
      • Sterling Ratio: Axis NIFTY Healthcare ETF has a Sterling Ratio of 0.72 compared to the category average of 0.59.
    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.


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % -2.77
-1.92
-8.61 | 5.51 121 | 184 Average
3M Return % -0.96
-2.52
-13.03 | 21.70 62 | 184 Good
6M Return % 14.81
5.71
-10.20 | 30.50 17 | 176 Very Good
1Y Return % 37.89
16.49
-89.01 | 56.78 21 | 165 Very Good
3Y Return % 18.66
3.24
-49.52 | 45.31 16 | 99 Very Good
1Y SIP Return % 8.18
-3.96
-38.38 | 23.38 16 | 155 Very Good
3Y SIP Return % 24.94
13.92
-14.08 | 44.83 10 | 89 Very Good
Standard Deviation 16.13
13.85
0.00 | 28.97 51 | 80 Average
Semi Deviation 11.17
9.61
0.00 | 18.80 56 | 80 Average
Max Drawdown % -16.10
-12.90
-38.86 | 0.00 65 | 80 Poor
VaR 1 Y % -18.62
-16.92
-34.01 | 0.00 51 | 80 Average
Average Drawdown % -5.23
-5.78
-19.01 | 0.00 38 | 80 Good
Sharpe Ratio 0.69
0.36
-0.74 | 1.89 20 | 77 Very Good
Sterling Ratio 0.72
0.59
-0.01 | 2.15 25 | 80 Good
Sortino Ratio 0.37
0.17
-1.00 | 1.16 20 | 80 Very Good
Return data last Updated On : Nov. 22, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Oct. 31, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
Standard Deviation 16.13 13.85 0.00 | 28.97 51 | 80
Semi Deviation 11.17 9.61 0.00 | 18.80 56 | 80
Max Drawdown % -16.10 -12.90 -38.86 | 0.00 65 | 80
VaR 1 Y % -18.62 -16.92 -34.01 | 0.00 51 | 80
Average Drawdown % -5.23 -5.78 -19.01 | 0.00 38 | 80
Sharpe Ratio 0.69 0.36 -0.74 | 1.89 20 | 77
Sterling Ratio 0.72 0.59 -0.01 | 2.15 25 | 80
Sortino Ratio 0.37 0.17 -1.00 | 1.16 20 | 80
Return data last Updated On : Nov. 22, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Oct. 31, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 1.30 ₹ 10,130.00 ₹
1W 0.93 ₹ 10,093.00 ₹
1M -2.77 ₹ 9,723.00 ₹
3M -0.96 ₹ 9,904.00 ₹
6M 14.81 ₹ 11,481.00 ₹
1Y 37.89 ₹ 13,789.00 ₹
3Y 18.66 ₹ 16,708.00 ₹
5Y ₹ ₹
7Y ₹ ₹
10Y ₹ ₹
15Y ₹ ₹

Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 8.18 ₹ 12,527.00 ₹
3Y ₹ 36000 24.94 ₹ 51,722.14 ₹
5Y ₹ 60000 ₹ ₹
7Y ₹ 84000 ₹ ₹
10Y ₹ 120000 ₹ ₹
15Y ₹ 180000 ₹ ₹


Date Axis Nifty Healthcare Etf NAV Regular Growth Axis Nifty Healthcare Etf NAV Direct Growth
22-11-2024 141.844 None
21-11-2024 140.0218 None
19-11-2024 140.2565 None
18-11-2024 139.0306 None
14-11-2024 140.5328 None
13-11-2024 141.0079 None
12-11-2024 143.4127 None
11-11-2024 144.5185 None
08-11-2024 146.729 None
07-11-2024 146.4139 None
06-11-2024 147.7028 None
05-11-2024 145.8087 None
04-11-2024 145.9102 None
31-10-2024 146.247 None
30-10-2024 144.0246 None
29-10-2024 145.6274 None
28-10-2024 146.9347 None
25-10-2024 144.9795 None
24-10-2024 144.3624 None
23-10-2024 143.8369 None
22-10-2024 145.8783 None

Fund Launch Date: 17/May/2021
Fund Category: Other ETFs
Investment Objective: The investment objective of the Scheme is to provide returns before expenses that closely correspond to the total returns of the NIFTY Healthcare Index subject to tracking errors.
Fund Description: An Open Ended Exchange Traded Fund tracking NIFTY Healthcare Index
Fund Benchmark: NIFTY Healthcare TR Index
Source: Fund FactSheet

Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.