Axis - Scheme E - Tier I
Frequently Asked Questions
What is Axis NPS Scheme E Tier I?
Axis NPS Scheme E Tier I is a National Pension System (NPS) scheme managed by Axis Pension Fund Management Limited. It invests predominantly in equity and related instruments under the Equity (Scheme E) 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 4 Yrs.
What is the Ncash Score for Axis Scheme E Tier I?
Axis Scheme E Tier I has an Ncash Score of 37/100, rated "Below Average" (Grade F). The score is composed of Returns (9.9/45), Risk (9.8/25), Consistency (15.6/25), and Track Record (2.0/5).
What are the returns of Axis Scheme E Tier I?
The CAGR returns for Axis NPS Scheme E Tier I are — 1-year: -9.91%, 3-year: +7.59%, 5-year: +6.29%, 10-year: +3.10%, since inception: +7.92%. Returns are calculated on a trailing basis and updated regularly.
How does Axis Scheme E rank among peers?
Axis NPS Scheme E Tier I is ranked 8/10 among all Equity 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 E Tier I?
Key risk metrics for Axis NPS Scheme E Tier I — Volatility: 13.3%, Sharpe Ratio: 0.13, Max Drawdown: -18.1%. These metrics help assess the risk-return tradeoff of the scheme.
