• 1 Year Returns: -8.89%
• 3 Year Returns: 12.62%

• IT Services & Consulting | 11.26%
• Electrical Components & Equipments | 7.45%
• Retail - Online | 6.24%
• Pharmaceuticals | 6.06%
• Investment Banking & Brokerage | 5.66%

• Info Edge (India) Ltd | 3.85%
• Clearing Corporation of India Ltd | 3.14%
• Eternal Ltd | 2.56%
• Bank Nifty Index November 2025 Future | 2.50%
• ICICI Bank Ltd | 2.34%

• Equity | 94.98%
• Futures & Options | 2.50%
• ADR & GDR | 1.12%
• Treasury Bills | 0.82%
• Cash & Equivalents | 0.58%

The alpha ratio for the Axis Innovation Fund-Reg(IDCW) is 9.14

Alpha is the excess return of a fund compared to its expected return, based on its beta and the risk-free rate. Positive alpha indicates that the fund has outperformed its expected return, while negative alpha suggests underperformance.

The volatility or standard deviation for the Axis Innovation Fund-Reg(IDCW) is 13.07

Standard deviation measures the volatility or risk associated with the returns of a mutual fund. A higher standard deviation indicates higher volatility, suggesting that the returns of the mutual fund are more spread out from the average. On the other hand, a lower standard deviation implies lower volatility and a more stable performance.

The Sharpe ratio for the Axis Innovation Fund-Reg(IDCW) is -0.27

The Sharpe ratio is a measure of risk-adjusted return that evaluates the performance of a mutual fund, by adjusting for its risk. Higher Sharpe ratio indicates a better risk-adjusted performance. A positive Sharpe ratio indicates that the MF has provided a return in excess of the risk-free rate for the amount of risk taken. Conversely, a negative Sharpe ratio suggests that the MF did not adequately compensate for the risk.

The Sortino Ratio for the Axis Innovation Fund-Reg(IDCW) is -0.03

The Sortino ratio of a mutual fund is a measure of its risk-adjusted return, considering only downside volatility. It helps investors evaluate how well a fund is performing relative to its downside risk. A higher Sortino ratio (value >1) means the fund generates better returns for the downside risk taken.