Axis - Scheme E - Tier II
Frequently Asked Questions
What is Axis NPS Scheme E Tier II?
Axis NPS Scheme E Tier II 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 II is a voluntary savings account with no lock-in period, allowing flexible withdrawals. The scheme has a track record of 4 Yrs.
What is the Ncash Score for Axis Scheme E Tier II?
Axis Scheme E Tier II has an Ncash Score of 50/100, rated "Average" (Grade F). The score is composed of Returns (19.8/45), Risk (11.8/25), Consistency (16.3/25), and Track Record (2.0/5).
What are the returns of Axis Scheme E Tier II?
The CAGR returns for Axis NPS Scheme E Tier II are — 1-year: -0.88%, 3-year: +10.68%, 5-year: +8.24%, 10-year: +4.04%, since inception: +10.85%. Returns are calculated on a trailing basis and updated regularly.
How does Axis Scheme E rank among peers?
Axis NPS Scheme E Tier II is ranked 7/10 among all Equity Tier II 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 II?
Key risk metrics for Axis NPS Scheme E Tier II — Volatility: 13.2%, Sharpe Ratio: 0.33, Max Drawdown: -17.6%. These metrics help assess the risk-return tradeoff of the scheme.
