Latest NAV & returns of AXIS ASSET MANAGEMENT COMPANY LIMITED

Axis Innovation Fund Direct Growth

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previously known as Axis Special Situations Dir Gr until

NAV on July 16, 2024
Category Equity:
Equity - Other
Investment StyleBox
Large Growth
Total Assets 1,271 cr
Turnover Ratio 17.90%
Expense Ratio 1.28%
Exit Load 1.00%if redeemed within
12 Months
0.00%if redeemed after 12 Months
Returns
  • 1M: 3.50%
  • 1Y: 37.82%
  • 3M: 14.29%
  • 3Y: 16.84%
  • 6M: 25.17%
  • 5Y: N/A
Min Investment 100
ADDITIONAL INFO
Fund Manager Ashish Naik (Since over 3 years) Mayank Hyanki (Since 4 months) Krishnaa N (Since 5 months)
ISIN INF846K01X71
Fund Family Axis
P/E Ratio 42.18
P/B Ratio 6.88
Launch Date December 18, 2020
Benchmark Nifty 500 TR INR
ASSET ALLOCATION
EQUITY DISTRIBUTION
RISK MEASURES (3 yrs)
vs Nifty 500 TR INR

Alpha -1.14
Beta 0.91
R-Squared 74.74
Info Ratio -0.41
Tracking Err 7.04
Sortino 1.406
Sharpe 0.813
Std Dev 13.887
Risk -
SECTOR WEIGHTINGS (%)
Financial 17.0%
Industrial 15.66%
Technology 16.66%
Basic Materials 11.05%
Consumer Cyclical 14.22%
Utilities Services 4.36%
Healthcare Services 6.56%
Energy Services 2.89%
Communication Services 8.40%
Consumer Defensive 3.19%
Real Estate 0.00%
INVESTMENT OBJECTIVE

To generate long term capital appreciation by investing in equity & equity related securities of companies that are benefiting from innovative change (innovators, enablers, adaptors).

You will not receive any dividends. Your investments will get the largest benefit of compounding.

View Factsheet

Top Equity Other Funds
NAME LATEST
NAV
RETURNS
1y      
FUND
ASSETS
EXPENSE
RATIO
RISK
38.240 67.13% 5,960 cr 0.67% -


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