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Latest NAV & returns of AXIS ASSET MANAGEMENT COMPANY LIMITED

Axis Innovation Fund Regular Reinvst of Inc Dis cum Cap Wdrl

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previously known as Axis Special Situations Reg IDCW-R until

NAV on October 14, 2026
Category Equity:
Equity - Other
Investment StyleBox
Total Assets ₹1,345 cr
Turnover Ratio 72.44%
Expense Ratio 2.28%
Exit Load 1.00%if redeemed within
12 Months
0.00%if redeemed after 12 Months
Returns
  • 1M: Negative return: -3.59%
  • 1Y: Positive return: 11.04%
  • 3M: Positive return: 5.22%
  • 3Y: Positive return: 15.78%
  • 6M: Positive return: 16.80%
  • 5Y: Positive return: 8.63%
Min Investment ₹100
ADDITIONAL INFO
Fund Manager Ashish Naik (Since almost 6 years) Krishnaa N (Since over 2 years)
ISIN INF846K01Y21
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 6.94
Beta 0.82
R-Squared 74.56
Info Ratio 0.88
Tracking Err 8.03
Sortino 1.180
Sharpe 0.697
Std Dev 14.851
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).

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Top Equity Other Funds

Name Latest NAV Returns 1y   Fund Assets Expense Ratio Risk
₹ 40.140 4.42% ₹ 6,918 cr 1.21% -


Other plans of Axis InnovationFund


Other Equity funds by Axis