AXISBANK.NS vs. CIPLA.NS

Last updated Jun 5, 2026

AXISBANK.NS (Axis Bank Limited) and CIPLA.NS (Cipla Limited) are both stocks. AXISBANK.NS operates in Banks - Regional (Financial Services), while CIPLA.NS operates in Drug Manufacturers - General (Healthcare). Over the past 10 years, AXISBANK.NS returned 9.20%/yr vs 12.30%/yr for CIPLA.NS. At a 0.21 correlation, their price movements are largely independent.

Performance

AXISBANK.NS vs. CIPLA.NS - Performance Comparison

The chart below illustrates the hypothetical performance of a ₹10,000 investment in Axis Bank Limited (AXISBANK.NS) and Cipla Limited (CIPLA.NS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AXISBANK.NS achieves a -1.27% return, which is significantly higher than CIPLA.NS's -7.45% return. Over the past 10 years, AXISBANK.NS has underperformed CIPLA.NS with an annualized return of 9.20%, while CIPLA.NS has yielded a comparatively higher 12.30% annualized return.

AXISBANK.NS

• 1D: -0.15%
• 1M: -0.51%
• YTD: -1.27%
• 6M: -2.09%
• 1Y: 7.12%
• 3Y*: 9.74%
• 5Y*: 11.14%
• 10Y*: 9.20%

CIPLA.NS

• 1D: 0.00%
• 1M: 4.87%
• YTD: -7.45%
• 6M: -8.04%
• 1Y: -3.96%
• 3Y*: 13.92%
• 5Y*: 8.94%
• 10Y*: 12.30%

*Multi-year figures are annualized to reflect compound growth (CAGR)

AXISBANK.NS vs. CIPLA.NS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AXISBANK.NS Axis Bank Limited	-1.27%	19.33%	-3.34%	18.17%	37.82%	9.36%	-17.72%	21.80%	9.92%	26.57%
CIPLA.NS Cipla Limited	-7.45%	-0.10%	23.72%	16.77%	14.52%	15.78%	73.26%	-7.42%	-14.21%	7.36%

Correlation

The correlation between AXISBANK.NS and CIPLA.NS is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.25
Correlation (3Y) Calculated over the trailing 3-year period	0.22
Correlation (5Y) Calculated over the trailing 5-year period	0.18
Correlation (10Y) Calculated over the trailing 10-year period	0.17
Correlation (All Time) Calculated using the full available price history since Nov 30, 1998	0.21

Return for Risk

AXISBANK.NS vs. CIPLA.NS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AXISBANK.NS

AXISBANK.NS Risk / Return Rank: 49
AXISBANK.NS Sharpe Ratio Rank: 52
AXISBANK.NS Sortino Ratio Rank: 45
AXISBANK.NS Omega Ratio Rank: 45
AXISBANK.NS Calmar Ratio Rank: 51
AXISBANK.NS Martin Ratio Rank: 52

CIPLA.NS

CIPLA.NS Risk / Return Rank: 31
CIPLA.NS Sharpe Ratio Rank: 31
CIPLA.NS Sortino Ratio Rank: 26
CIPLA.NS Omega Ratio Rank: 26
CIPLA.NS Calmar Ratio Rank: 36
CIPLA.NS Martin Ratio Rank: 35

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AXISBANK.NS vs. CIPLA.NS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Axis Bank Limited (AXISBANK.NS) and Cipla Limited (CIPLA.NS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	AXISBANK.NS	CIPLA.NS	Difference
Sharpe ratio: Return per unit of total volatility	0.31	-0.25	+0.55
Sortino ratio: Return per unit of downside risk	0.60	-0.22	+0.82
Omega ratio: Gain probability vs. loss probability	1.08	0.97	+0.10
Calmar ratio: Return relative to maximum drawdown	0.41	-0.18	+0.59
Martin ratio: Return relative to average drawdown	0.93	-0.37	+1.30
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AXISBANK.NS vs. CIPLA.NS - Sharpe Ratio Comparison

The current AXISBANK.NS Sharpe Ratio is 0.31, which is higher than the CIPLA.NS Sharpe Ratio of -0.25. The chart below compares the historical Sharpe Ratios of AXISBANK.NS and CIPLA.NS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	AXISBANK.NS	CIPLA.NS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.31	-0.25	+0.55
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.47	0.39	+0.08
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.29	0.48	-0.19
Sharpe Ratio (All Time) Calculated using the full available price history	0.57	-0.22	+0.79

Drawdowns

AXISBANK.NS vs. CIPLA.NS - Drawdown Comparison

The maximum AXISBANK.NS drawdown since its inception was -77.81%, smaller than the maximum CIPLA.NS drawdown of -99.97%. Use the drawdown chart below to compare losses from any high point for AXISBANK.NS and CIPLA.NS.

Drawdown Indicators

	AXISBANK.NS	CIPLA.NS	Difference
Max Drawdown Largest peak-to-trough decline	-77.81%	-99.97%	+22.16%
Max Drawdown (1Y) Largest decline over 1 year	-17.23%	-28.32%	+11.09%
Max Drawdown (3Y) Largest decline over 3 years	-28.03%	-28.32%	+0.29%
Max Drawdown (5Y) Largest decline over 5 years	-28.03%	-28.32%	+0.29%
Max Drawdown (10Y) Largest decline over 10 years	-63.11%	-43.40%	-19.71%
Current Drawdown Current decline from peak	-10.67%	-93.59%	+82.92%
Average Drawdown Average peak-to-trough decline	-18.04%	-95.81%	+77.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.63%	13.81%	-6.18%

Volatility

AXISBANK.NS vs. CIPLA.NS - Volatility Comparison

The current volatility for Axis Bank Limited (AXISBANK.NS) is 5.02%, while Cipla Limited (CIPLA.NS) has a volatility of 9.76%. This indicates that AXISBANK.NS experiences smaller price fluctuations and is considered to be less risky than CIPLA.NS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AXISBANK.NS	CIPLA.NS	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.02%	9.76%	-4.74%
Volatility (6M) Calculated over the trailing 6-month period	19.24%	16.29%	+2.95%
Volatility (1Y) Calculated over the trailing 1-year period	23.04%	20.86%	+2.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.06%	23.05%	+1.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.08%	25.79%	+6.29%

Dividends

AXISBANK.NS vs. CIPLA.NS - Dividend Comparison

AXISBANK.NS's dividend yield for the trailing twelve months is around 0.08%, less than CIPLA.NS's 2.07% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AXISBANK.NS Axis Bank Limited	0.08%	0.08%	0.09%	0.09%	0.11%	0.00%	0.00%	0.13%	0.00%	0.89%	1.11%	1.02%
CIPLA.NS Cipla Limited	2.07%	1.06%	0.85%	0.68%	0.46%	0.53%	0.49%	0.63%	0.58%	0.33%	0.35%	0.31%

Financials

Frequently Asked Questions

Can I hold both AXISBANK.NS and CIPLA.NS in my portfolio?

AXISBANK.NS and CIPLA.NS have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.