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Latest NAV & returns of AXIS ASSET MANAGEMENT COMPANY LIMITED

Axis Innovation Fund Direct Reinvst of Inc Dis cum Cap Wdrl

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previously known as Axis Special Situations Dir IDCW-R until

16.690 (0.542%)
NAV on April 16, 2026
Category Equity:
Equity - Other
Investment StyleBox
Large Growth
Total Assets 1,039 cr
Turnover Ratio 35.24%
Expense Ratio 1.28%
Exit Load 1.00%if redeemed within
12 Months0.00%if redeemed after 12 Months
Returns
  • 1M: 8.90%
  • 1Y: 12.85%
  • 3M: -0.31%
  • 3Y: 17.57%
  • 6M: -2.73%
  • 5Y: 13.24%
Min Investment 100
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ADDITIONAL INFO
Fund Manager Ashish Naik (Since over 5 years) Krishnaa N (Since about 2 years)
ISIN INF846K01X97
Fund Family Axis
P/E Ratio 22.35
P/B Ratio 6.72
Launch Date December 18, 2020
Benchmark Nifty 500 TR INR
ASSET ALLOCATION
EQUITY DISTRIBUTION
RISK MEASURES (3 yrs)
vs Nifty 500 TR INR

Alpha 2.39
Beta 0.76
R-Squared 79.36
Info Ratio 0.17
Tracking Err 6.66
Sortino 0.921
Sharpe 0.626
Std Dev 12.609
Risk -
SECTOR WEIGHTINGS (%)
Financial 10.69%
Industrial 12.6%
Technology 18.79%
Basic Materials 11.09%
Consumer Cyclical 24.73%
Utilities Services 1.15%
Healthcare Services 10.60%
Energy Services 0.00%
Communication Services 9.75%
Consumer Defensive 0.00%
Real Estate 0.60%
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).

Dividends that would otherwise be paid out to investors are instead used to purchase more units in the fund. Not as tax efficient as Growth.

View Factsheet
Top Equity Other Funds
NAME LATEST
NAV		 RETURNS
1y       		FUND
ASSETS 		EXPENSE
RATIO		 RISK
Icici
ICICI Prudential Manufacturing Fund Direct Growth —
40.070 19.72% 5,867 cr 0.78% -


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