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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: ₹19.230 (0.628%)
NAV on November 05, 2026
Category Equity:
Equity - Other
Investment StyleBox
Total Assets ₹1,345 cr
Turnover Ratio 72.44%
Expense Ratio 1.35%
Exit Load 1.00%if redeemed within
12 Months0.00%if redeemed after 12 Months
Returns
  • 1M: Positive return: 0.47%
  • 1Y: Positive return: 12.08%
  • 3M: Positive return: 1.64%
  • 3Y: Positive return: 18.03%
  • 6M: Positive return: 12.19%
  • 5Y: Positive return: 10.62%
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 44.60
P/B Ratio 7.85
Launch Date December 18, 2020
Benchmark Nifty 500 TR INR

Asset Allocation

  • Equity: 93.2%
  • Debt: 6.8%
EQUITY DISTRIBUTION
RISK MEASURES (3 yrs)
vs Nifty 500 TR INR

Alpha 7.08
Beta 0.82
R-Squared 73.51
Info Ratio 0.87
Tracking Err 8.18
Sortino 1.270
Sharpe 0.743
Std Dev 14.960
Risk -
SECTOR WEIGHTINGS (%)
Financial 6.73%
Industrial 13.7%
Technology 20.17%
Basic Materials 12.44%
Consumer Cyclical 28.72%
Utilities Services 1.16%
Healthcare Services 10.83%
Energy Services 0.00%
Communication Services 6.03%
Consumer Defensive 0.21%
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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Visit AMC website to read all scheme related documents Axis Fund