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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

18.990 (0.850%)
NAV on November 22, 2024
Category Equity:
Equity - Other
Investment StyleBox
Large Growth
Total Assets 1,226 cr
Turnover Ratio 37.39%
Expense Ratio 1.27%
Exit Load 1.00%if redeemed within
12 Months0.00%if redeemed after 12 Months
Returns
  • 1M: -2.52%
  • 1Y: 33.45%
  • 3M: -1.35%
  • 3Y: 11.36%
  • 6M: 9.01%
  • 5Y: N/A
Min Investment 100
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ADDITIONAL INFO
Fund Manager Ashish Naik (Since almost 4 years) Mayank Hyanki (Since 8 months) Krishnaa N (Since 9 months)
ISIN INF846K01X97
Fund Family Axis
P/E Ratio 40.63
P/B Ratio 6.66
Launch Date December 18, 2020
Benchmark Nifty 500 TR INR
ASSET ALLOCATION
EQUITY DISTRIBUTION
RISK MEASURES (3 yrs)
vs Nifty 500 TR INR

Alpha -1.99
Beta 0.88
R-Squared 76.37
Info Ratio -0.51
Tracking Err 6.87
Sortino 0.759
Sharpe 0.477
Std Dev 13.895
Risk -
SECTOR WEIGHTINGS (%)
Financial 13.73%
Industrial 14.05%
Technology 14.8%
Basic Materials 9.51%
Consumer Cyclical 21.57%
Utilities Services 4.45%
Healthcare Services 9.09%
Energy Services 1.96%
Communication Services 8.63%
Consumer Defensive 2.20%
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).

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 —
35.590 39.08% 6,717 cr 0.72% -


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