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Home › Mutual Funds › Axis Mutual Fund › Axis Innovation Fund Direct Pyt of Inc Dis cum Cap Wdrl
Latest NAV & returns of AXIS ASSET MANAGEMENT COMPANY LIMITED

Axis Innovation Fund Direct Pyt of Inc Dis cum Cap Wdrl

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previously known as Axis Special Situations Dir IDCW-P until

NAV: ₹18.270 (0.495%)
NAV on July 31, 2026
Category Equity:
Equity - Other
Investment StyleBox
Total Assets ₹1,199 cr
Turnover Ratio 35.24%
Expense Ratio 1.39%
Exit Load 1.00%if redeemed within
12 Months0.00%if redeemed after 12 Months
Returns
  • 1M: Positive return: 4.58%
  • 1Y: Positive return: 9.92%
  • 3M: Positive return: 7.47%
  • 3Y: Positive return: 15.81%
  • 6M: Positive return: 11.34%
  • 5Y: Positive return: 12.38%
Min Investment ₹100
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ADDITIONAL INFO
Fund Manager Ashish Naik (Since over 5 years) Krishnaa N (Since over 2 years)
ISIN INF846K01X89
Fund Family Axis
P/E Ratio 45.77
P/B Ratio 7.05
Launch Date December 18, 2020
Benchmark Nifty 500 TR INR

Asset Allocation

  • Equity: 97.7%
  • Debt: 2.3%
EQUITY DISTRIBUTION
RISK MEASURES (3 yrs)
vs Nifty 500 TR INR

Alpha 4.03
Beta 0.83
R-Squared 79.32
Info Ratio 0.50
Tracking Err 6.98
Sortino 1.113
Sharpe 0.664
Std Dev 14.301
Risk -
SECTOR WEIGHTINGS (%)
Financial 10.06%
Industrial 13.14%
Technology 19.66%
Basic Materials 11.38%
Consumer Cyclical 27.99%
Utilities Services 1.43%
Healthcare Services 8.42%
Energy Services 0.00%
Communication Services 7.12%
Consumer Defensive 0.00%
Real Estate 0.79%
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).

This fund may declare and pay out a dividend to you on a periodic basis, but only when it has the profits to do so.

View Factsheet

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Visit AMC website to read all scheme related documents Axis Fund