Axis - Scheme C - Tier I
Frequently Asked Questions
What is Axis NPS Scheme C Tier I?
Axis NPS Scheme C Tier I is a National Pension System (NPS) scheme managed by Axis Pension Fund Management Limited. It invests in corporate debt instruments and bonds under the Corporate Bonds (Scheme C) asset class. Tier I is a mandatory retirement account with a lock-in period until age 60, offering tax benefits under Section 80CCD. The scheme has a track record of 3 Yrs.
What is the Ncash Score for Axis Scheme C Tier I?
Axis Scheme C Tier I has an Ncash Score of 57/100, rated "Good" (Grade D). The score is composed of Returns (19.8/45), Risk (11.9/25), Consistency (23.3/25), and Track Record (2.0/5).
What are the returns of Axis Scheme C Tier I?
The CAGR returns for Axis NPS Scheme C Tier I are — 1-year: +5.51%, 3-year: +7.79%, 5-year: +5.69%, 10-year: +2.81%, since inception: +7.73%. Returns are calculated on a trailing basis and updated regularly.
How does Axis Scheme C rank among peers?
Axis NPS Scheme C Tier I is ranked 6/10 among all Corporate Bonds Tier I NPS schemes based on overall performance. Rankings factor in returns across multiple periods, risk-adjusted performance, and consistency.
What are the risk metrics for Axis Scheme C Tier I?
Key risk metrics for Axis NPS Scheme C Tier I — Volatility: 1.5%, Sharpe Ratio: 0.54, Max Drawdown: -1.1%. A positive Sharpe Ratio indicates the scheme generates returns above the risk-free rate relative to its volatility.
