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.

₹16.46

▼-2.4%1D

NAV as on 13 Mar 2026

11.82%/per year

Since Inception

Absolute Gain%

▲▼

5 people have invested ₹ 1.4K 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 (13-Mar-26)

The fund has outperformed the benchmark (Nifty 500) over 1Y, 3Y, but underperformed over 5Y.

Period
1M
3M
6M
1Y
3Y
5Y
This Fund
-7.68%
-10.49%
-10.69%
6.54%
15.71%
10.87%
Nifty 500
-8.24%
-9.84%
-7.86%
6.02%
14.31%
11.33%
Equity - Other Avg
--
--
--
--
--
--
Best in Equity - Other
-0.27%
8.57%
15.16%
40.39%
32.84%
27.06%
Worst in Equity - Other
-14.21%
-21.92%
-23.59%
-11.68%
7.85%
5.89%

Peer comparison

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
3Y Alpha
3Y Beta
3Y Sharpe
3Y Sortino
3Y Info Ratio
Axis Innovation Fund Direct Reinvst of Inc Dis cum Cap Wdrl
-
1,121Cr
1.31%
6.54%
15.71%
1.35
0.80
0.88
1.39
-0.14
Franklin India Opportunities Fund Payout of Inc Dist cum Cap Wdrl
-
5,948Cr
0.53%
15.72%
25.76%
11.52
--
--
2.20
1.11
Nippon India Power & Infra Fund Payout Inc Dist cum Cap Wdrl
-
7,001Cr
0.96%
-9.01%
22.71%
7.03
--
--
2.09
1.25
SBI Magnum Comma Fund Reinvestment Inc Dist cum Cap Wdrl
-
618Cr
1.88%
-1.86%
8.05%
-1.96
--
--
0.38
-0.43
See all

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

Calculate SIP and lumpsum returns based on historical performance

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

See fund asset allocation details as on (14-Mar-26)

Fund Distribution

as on (14-Mar-26)

Small cap
34.2%
Mid cap
27.7%
Large cap
21.5%
Large Cap allocation has gone up from 21% to 21.5%
Large Cap allocation has gone up from 21% to 21.5%
Small Cap allocation has gone up from 33.4% to 34.2%
Small Cap allocation has gone up from 33.4% to 34.2%
Mid Cap allocation has gone down from 28.1% to 27.7%
Mid Cap allocation has gone down from 28.1% to 27.7%
Cash allocation has gone down from 3.3% to 3.1%
Cash allocation has gone down from 3.3% to 3.1%

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

See fund sector allocation details as on (14-Mar-26)

Sector Allocation

Consumer Cyclical
21.4%
Financial Services
16.3%
Tech
14.2%
Industrial
13.3%
Health
9.2%
Basic Materials
9.1%
Communication
8%
Utilities
4.4%
Energy
2.3%
Consumer Defensive
1.9%

Top 3 Sectors in February were Consumer Cyclical, Tech & Industrial

Feb'26

Consumer Cyclical

25%

Tech

18%

Industrial

13%

Jan'26

Consumer Cyclical

25%

Tech

19%

Industrial

12%

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

as on (28-Feb-26)

Top Stocks bought last month
Ather Energy Ltd's allocation increased from 1.68% to 2.19%
Ather Energy Ltd's allocation increased from 1.68% to 2.19%
Lenskart Solutions Ltd's allocation increased from 2.41% to 2.89%
Lenskart Solutions Ltd's allocation increased from 2.41% to 2.89%
GE Vernova T&D India Ltd's allocation increased from 1.76% to 2.14%
GE Vernova T&D India Ltd's allocation increased from 1.76% to 2.14%
Top Stocks sold last month
Eternal Ltd's allocation decreased from 5.76 % to 5.3 %
Eternal Ltd's allocation decreased from 5.76 % to 5.3 %
Billionbrains Garage Ventures Ltd's allocation decreased from 4.51 % to 4.26 %
Billionbrains Garage Ventures Ltd's allocation decreased from 4.51 % to 4.26 %
PB Fintech Ltd's allocation decreased from 3.16 % to 2.37 %
PB Fintech Ltd's allocation decreased from 3.16 % to 2.37 %

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 ratio1.31%
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
35.24%
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, Krishnaa N. 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 2026 and is more 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 11.82% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 6.54%, 15.71% and 10.87% respectively.

Holdings

Axis Innovation Fund Direct Reinvst of Inc Dis cum Cap Wdrl has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Tech, Industrial, Basic Materials, Financial Services, Health, Communication, Utilities, Real Estate. Its top holdings are Eternal Ltd, Billionbrains Garage Ventures Ltd, One97 Communications Ltd, Lenskart Solutions Ltd, FSN E-Commerce Ventures 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

Krishnaa N

Fund Manager of Axis Innovation Fund Direct Reinvst of Inc Dis cum Cap Wdrl, since 1 March 2024

Learn more about Axis Mutual Fund
Parameters
Feb'26
Jan'26
Dec'25
AUM
₹ 1.1K Cr
₹ 1.1K Cr
₹ 1.2K Cr
  • AUM of the fund stands at 1.1K Cr as of Feb'26
  • AUM decreased by 24.1 Cr between Feb'26 and Jan'26

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

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

INDmoney makes it simple to invest in the Axis Innovation Fund Direct Reinvst of Inc Dis cum Cap Wdrl. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘Axis Innovation Fund Direct Reinvst of Inc Dis cum Cap Wdrl’.
  • Select whether you want to invest in SIP or lump sum.
  • Enter the amount you wish to invest.
  • Set up payments via bank mandate or UPI.

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

The NAV of the fund today is ₹16.46. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

Axis Innovation Fund Direct Reinvst of Inc Dis cum Cap Wdrl fund has generated a return of 6.54% in 1 year, 15.71% in 3 years, 10.87% in 5 years.

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

The fund managers are Ashish Naik, Krishnaa N.

What is the exit load of the fund?

The exit load is 1% if redeemed in 0-12 Months. Exit load is a fee levied for ‘exiting’ the fund earlier than a stipulated period, usually 1 year.

What is the expense ratio of the fund?

The expense ratio is 1.31%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹1121 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

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

The top 3 holdings of the fund are Eternal Ltd(5.3%), Billionbrains Garage Ventures Ltd(4.26%), One97 Communications Ltd(3.96%)