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Home › Mutual Funds › Axis Mutual Fund › Axis Innovation Fund Direct Reinvst of Inc Dis cum Cap Wdrl
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

NAV: ₹19.060 (-0.677%)
NAV on October 14, 2026
Category Equity:
Equity - Other
Investment StyleBox
Total Assets ₹1,345 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: -3.49%
  • 1Y: Positive return: 12.11%
  • 3M: Positive return: 5.54%
  • 3Y: Positive return: 16.92%
  • 6M: Positive return: 17.36%
  • 5Y: Positive return: 9.91%
Min Investment ₹100
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ADDITIONAL INFO
Fund Manager Ashish Naik (Since almost 6 years) Krishnaa N (Since over 2 years)
ISIN INF846K01X97
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).

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 PRUDENTIAL ASSET MANAGEMENT COMPANY LTD logo
ICICI Prudential Manufacturing Fund Direct Growth —
₹ 40.140 4.42% ₹ 6,918 cr 1.21% -


Other plans of Axis InnovationFund


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