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 3 Yrs.
What is the Ncash Score for Axis Scheme E Tier II?
Axis Scheme E Tier II has an Ncash Score of 52/100, rated "Average" (Grade D). The score is composed of Returns (19.8/45), Risk (12.4/25), Consistency (17.4/25), 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: -3.14%, 3-year: +11.93%, 5-year: +7.39%, 10-year: +3.63%, since inception: +10.45%. 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: 13.1%, Sharpe Ratio: 0.39, Max Drawdown: -17.6%. These metrics help assess the risk-return tradeoff of the scheme.
