Frequently Asked Questions
What is Axis Bank?
Axis Bank Limited (the Bank) is an India-based company that is engaged in banking and financial services. The Bank's segments include Treasury, Retail Banking, Corporate/Wholesale Banking and Other Banking Business. The Treasury segment includes investments in sovereign and corporate debt, equity and mutual funds, trading operations, derivative trading and foreign exchange operations on the proprietary account and for customers. The Retail Banking segment offers liability products, card services, Internet banking, mobile banking, ATM services, depository, financial advisory services and NRI services. The Corporate/Wholesale Banking segment includes corporate relationships not included under Retail Banking, corporate advisory services, placements and syndication, project appraisals, capital market related services and cash management services. Its Other Banking Business segment includes para banking activities like third party product distribution and other banking transactions.
What is CAGR?
CAGR stands for Compound Annual Growth Rate. In the stock market, it's a useful metric to measure the compound annual growth rate of an investment over a specific period of time, assuming the profits are reinvested at the end of each year. CAGR shows how much an investment grows each year on average.
What is the 3 year, 5 year and 10 Year CAGR (annualized return) of Axis Bank?
CAGR (Compound Annual Growth Rate) of Axis Bank is as follows:
- 3 Year CAGR: 16.71%
- 5 Year CAGR: 21.60%
- 10 Year CAGR: 8.69%
What is the 1 year return of Axis Bank?
In the past 1 year, Axis Bank has given a return of 0.45%.
How often the data is updated on this page?
The Current Market Price (CMP) and CAGR data are updated every 15 minutes during market hours. However, the current month's and current year's returns are updated daily after the market closes.