Axis Innovation Fund Direct Reinvst of Inc Dis cum Cap Wdrl

Axis Innovation Fund Direct Reinvst of Inc Dis cum Cap Wdrl

Equity

Axis Mutual Fund

Equity - Other

Get the latest NAV of Axis Innovation Fund Direct Reinvst of Inc Dis cum Cap Wdrl. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹16.97

▲3.5%1D

NAV as on 12 May 2025

12.78%/per year

Since Inception

Absolute Gain%

▲▼

15 people have invested ₹ 3.5K in Axis Innovation Fund Direct Reinvst of Inc Dis cum Cap Wdrl in the last three months

Axis Innovation Fund Direct Reinvst of Inc Dis cum Cap Wdrl Performance vs. Nifty 500

Fund returns vs Benchmark returns vs Category Average returns as on (12-May-25)

The fund has underperformed the benchmark (Nifty 500) over the last 1Y, 3Y, 5Y time periods.

Period
This Fund
Nifty 500
Category Avg
1 Month
8.64%
8.47%
-
3 Months
-5.98%
7.67%
-
6 Months
-11.34%
0.81%
-
1 Year
1.5%
9.98%
-
3 Years
15.17%
18.69%
-

Peer comparison

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
Inception Returns
Axis Innovation Fund Direct Reinvst of Inc Dis cum Cap Wdrl
-
1,121Cr
1.32%
1.5%
15.17%
12.78%
Franklin India Opportunities Fund Payout of Inc Dist cum Cap Wdrl Direct Growth
-
5,948Cr
0.53%
15.72%
25.76%
17.44%
Nippon India Power & Infra Fund Payout Inc Dist cum Cap Wdrl Direct Growth
-
7,001Cr
0.96%
-9.01%
22.71%
12.49%
SBI Magnum Comma Fund Reinvestment Inc Dist cum Cap Wdrl Direct Growth
-
618Cr
1.88%
-1.86%
8.05%
13.1%
See all

Axis Innovation Fund Direct Reinvst of Inc Dis cum Cap Wdrl Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

0

Absolute Return
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Axis Innovation Fund Direct Reinvst of Inc Dis cum Cap Wdrl Asset Allocation

See fund asset allocation details as on (15-Apr-25)

Fund Distribution

as on (15-Apr-25)

Equity 96.4%

Debt & Cash 3.7%

Large cap
42.6%
Mid cap
17.9%
Small cap
17.7%
Mid Cap allocation has gone up from 17.2% to 17.9%
Mid Cap allocation has gone up from 17.2% to 17.9%
Large Cap allocation has gone up from 40.3% to 43.3%
Large Cap allocation has gone up from 40.3% to 43.3%
Small Cap allocation has gone up from 17.4% to 18%
Small Cap allocation has gone up from 17.4% to 18%
Cash allocation has gone down from 5.6% to 3.7%
Cash allocation has gone down from 5.6% to 3.7%

Axis Innovation Fund Direct Reinvst of Inc Dis cum Cap Wdrl Sector Allocation

See fund sector allocation details as on (15-Apr-25)

Sector Allocation

Equity 96.4%

Debt & Cash 3.7%

Consumer Cyclical
16.9%
Industrial
15.9%
Tech
15.7%
Financial Services
14.5%
Basic Materials
10%
Communication
8.7%
Health
8.4%
Utilities
4.7%
Consumer Defensive
2.7%
Energy
2.5%

Top 3 Sectors in March were Consumer Cyclical, Financial Services & Tech

Mar'25

Consumer Cyclical

20%

Financial Services

17%

Tech

14%

Feb'25

Consumer Cyclical

21%

Financial Services

17%

Tech

16%

Axis Innovation Fund Direct Reinvst of Inc Dis cum Cap Wdrl Holdings Details

as on (30-Apr-25)

Equity

Debt & Cash

Holdings
Weight%
1M Change
ICICI Bank Ltd
4.01%
0%
HDFC Bank Ltd
3.92%
0%
Reliance Industries Ltd
3.22%
27.5%
Eternal Ltd
3%
0%
Pidilite Industries Ltd
2.49%
0%
See all
Top Stocks bought last month
Bharti Airtel Ltd's allocation increased from 0.73% to 1.55%
Bharti Airtel Ltd's allocation increased from 0.73% to 1.55%
Reliance Industries Ltd's allocation increased from 2.03% to 2.7%
Reliance Industries Ltd's allocation increased from 2.03% to 2.7%
ICICI Bank Ltd's allocation increased from 3.54% to 3.89%
ICICI Bank Ltd's allocation increased from 3.54% to 3.89%
Top Stocks sold last month
Dixon Technologies (India) Ltd's allocation decreased from 2.41 % to 2.23 %
Dixon Technologies (India) Ltd's allocation decreased from 2.41 % to 2.23 %
Aether Industries Ltd's allocation decreased from 2.17 % to 2.07 %
Aether Industries Ltd's allocation decreased from 2.17 % to 2.07 %
Hyundai Motor India Ltd's allocation decreased from 2.02 % to 1.96 %
Hyundai Motor India Ltd's allocation decreased from 2.02 % to 1.96 %

Axis Innovation Fund Direct Reinvst of Inc Dis cum Cap Wdrl Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio1.32%
Benchmark
Nifty 500 TR INR
AUM₹1121 Cr
Inception Date18 December, 2020
Min Lumpsum/SIP₹100/₹100
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
37.39%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

About Axis Innovation Fund Direct Reinvst of Inc Dis cum Cap Wdrl

Axis Innovation Fund Direct Reinvst of Inc Dis cum Cap Wdrl is an equity fund. This fund was started on 18 December, 2020. The fund is managed by Ashish Naik. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Axis Innovation Fund Direct Reinvst of Inc Dis cum Cap Wdrl has ₹1121 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
  2. The fund has an expense ratio 1.3.

Returns

Axis Innovation Fund Direct Reinvst of Inc Dis cum Cap Wdrl has given a CAGR return of 12.78% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 1.50% and 15.17% respectively.

Holdings

Axis Innovation Fund Direct Reinvst of Inc Dis cum Cap Wdrl has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Financial Services, Tech, Industrial, Communication, Basic Materials, Health, Utilities, Energy, Consumer Defensive. Its top holdings are ICICI Bank Ltd, HDFC Bank Ltd, Reliance Industries Ltd, Eternal Ltd, Pidilite Industries Ltd

Taxation

As it is a equity - other mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

Investment objective of Axis Innovation Fund Direct Reinvst of Inc Dis cum Cap Wdrl

To generate long term capital appreciation by investing in equity & equity related securities of companies that are benefiting from innovative change (innovators, enablers, adaptors).

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Axis Innovation Fund Direct Reinvst of Inc Dis cum Cap Wdrl has no lock in period.

Fund Manager

Ashish Naik

Fund Manager of Axis Innovation Fund Direct Reinvst of Inc Dis cum Cap Wdrl, since 24 December 2020

Learn more about Axis Mutual Fund
Parameters
Mar'25
Feb'25
Jan'25
AUM
₹ 1.1K Cr
₹ 1.1K Cr
₹ 1.2K Cr
  • AUM of the fund stands at 1.1K Cr as of Mar'25
  • AUM increased by 20.1 Cr between Mar'25 and Feb'25

Frequently Asked Questions for Axis Innovation Fund Direct Reinvst of Inc Dis cum Cap Wdrl

What is the current NAV of Axis Innovation Fund Direct Reinvst of Inc Dis cum Cap Wdrl?

The current NAV of Axis Innovation Fund Direct Reinvst of Inc Dis cum Cap Wdrl is ₹16.97 as on 12-May-2025.

What are the average returns of Axis Innovation Fund Direct Reinvst of Inc Dis cum Cap Wdrl?

Existing (Absolute + CAGR) as on 12-May-2025.
Axis Innovation Fund Direct Reinvst of Inc Dis cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
8.64%
8.64%
6 Month Returns
-11.34%
-11.34%
1 Year Returns
1.5%
1.5%
3 Years Returns
52.75%
15.17%

How do I invest in Axis Innovation Fund Direct Reinvst of Inc Dis cum Cap Wdrl?

With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.

What is the expense ratio of Axis Innovation Fund Direct Reinvst of Inc Dis cum Cap Wdrl?

1.32% as on April 2025

What is net assets under management (AUM) of Axis Innovation Fund Direct Reinvst of Inc Dis cum Cap Wdrl?

₹1121 Cr as on April 2025

What are the top 5 holdings of Axis Innovation Fund Direct Reinvst of Inc Dis cum Cap Wdrl?

ICICI Bank Ltd(4.01%), HDFC Bank Ltd(3.92%), Reliance Industries Ltd(3.22%), Eternal Ltd(3%), Pidilite Industries Ltd(2.49%) as on April 2025

What are the top 3 sectors that this Axis Innovation Fund Direct Reinvst of Inc Dis cum Cap Wdrl has invested in?

Consumer Cyclical(19.42%), Financial Services(16.41%), Tech(13.98%) as on April 2025

What is the alpha of Axis Innovation Fund Direct Reinvst of Inc Dis cum Cap Wdrl?

The alpha ratio for the Axis Innovation Fund Direct Reinvst of Inc Dis cum Cap Wdrl for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Axis Innovation Fund Direct Reinvst of Inc Dis cum Cap Wdrl
-7.52
-2.62
-
As on April 2025
The alpha for Axis Innovation Fund Direct Reinvst of Inc Dis cum Cap Wdrl is calculated against Nifty 500 TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.

What is the beta of Axis Innovation Fund Direct Reinvst of Inc Dis cum Cap Wdrl??

The Beta ratio for the Axis Innovation Fund Direct Reinvst of Inc Dis cum Cap Wdrl for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Axis Innovation Fund Direct Reinvst of Inc Dis cum Cap Wdrl
0.58
0.77
-
As on April 2025
The Beta for Axis Innovation Fund Direct Reinvst of Inc Dis cum Cap Wdrl is calculated with Nifty 500 TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.

What is the sharpe ratio of Axis Innovation Fund Direct Reinvst of Inc Dis cum Cap Wdrl?

The sharpe ratio for the Axis Innovation Fund Direct Reinvst of Inc Dis cum Cap Wdrl for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Axis Innovation Fund Direct Reinvst of Inc Dis cum Cap Wdrl
-0.44
0.29
-
As on April 2025
The sharpe ratio for Axis Innovation Fund Direct Reinvst of Inc Dis cum Cap Wdrl is calculated with Nifty 500 TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.

What is the standard deviation of Axis Innovation Fund Direct Reinvst of Inc Dis cum Cap Wdrl?

The standard deviation for the Axis Innovation Fund Direct Reinvst of Inc Dis cum Cap Wdrl for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Axis Innovation Fund Direct Reinvst of Inc Dis cum Cap Wdrl
16.73
14.83
-
As on April 2025
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.

What is the Sortino ratio of Axis Innovation Fund Direct Reinvst of Inc Dis cum Cap Wdrl?

Sortino ratio is 0.43 as on April 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.

Who is the manager of Axis Innovation Fund Direct Reinvst of Inc Dis cum Cap Wdrl?

Ashish Naik is the fund manager of Axis Innovation Fund Direct Reinvst of Inc Dis cum Cap Wdrl

What is the exit load of Axis Innovation Fund Direct Reinvst of Inc Dis cum Cap Wdrl?

The Exit load of Axis Innovation Fund Direct Reinvst of Inc Dis cum Cap Wdrl is 1%