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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: ₹18.990 (-0.939%)
NAV on October 01, 2026
Category Equity:
Equity - Other
Investment StyleBox
Total Assets ₹1,363 cr
Turnover Ratio 72.44%
Expense Ratio 1.34%
Exit Load 1.00%if redeemed within
12 Months0.00%if redeemed after 12 Months
Returns
  • 1M: Negative return: -2.62%
  • 1Y: Positive return: 12.75%
  • 3M: Positive return: 7.65%
  • 3Y: Positive return: 17.37%
  • 6M: Positive return: 24.12%
  • 5Y: Positive return: 11.25%
Min Investment ₹100
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ADDITIONAL INFO
Fund Manager Ashish Naik (Since almost 6 years) Krishnaa N (Since over 2 years)
ISIN INF846K01X89
Fund Family Axis
P/E Ratio 45.27
P/B Ratio 7.82
Launch Date December 18, 2020
Benchmark Nifty 500 TR INR

Asset Allocation

  • Equity: 97.8%
  • Debt: 2.2%
EQUITY DISTRIBUTION
RISK MEASURES (3 yrs)
vs Nifty 500 TR INR

Alpha 7.92
Beta 0.82
R-Squared 74.75
Info Ratio 1.03
Tracking Err 8.01
Sortino 1.310
Sharpe 0.762
Std Dev 14.881
Risk -
SECTOR WEIGHTINGS (%)
Financial 8.24%
Industrial 13.36%
Technology 19.02%
Basic Materials 11.0%
Consumer Cyclical 29.59%
Utilities Services 1.1%
Healthcare Services 10.61%
Energy Services 0.00%
Communication Services 6.86%
Consumer Defensive 0.22%
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).

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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