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Axis Innovation Fund-Reg(IDCW) Standard IDCW

IDCWRegular
17.000.53% (+0.09)
High
Low
Returns
0.00%
0.00%
1M
6M
1Y
3Y
5Y
Max
SIP
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1M
6M
1Y
3Y
5Y
Max
SIP

Mid-size Fund

Assets Under Mgmt: ₹ 1,204 Cr

Very High Risk

Principle investment will be at very high risk

How to use scorecard? Learn more

Mid-size Fund

Assets Under Mgmt: ₹ 1,204 Cr

Very High Risk

Principle investment will be at very high risk

Axis Innovation Fund-Reg(IDCW) Performance & Key Metrics

Axis Innovation Fund-Reg(IDCW) Performance & Key Metrics

Expense RatioExpense RatioNo LabelNo LabelNo LabelNo Label
2.2561.53-0.01
No LabelNo LabelNo LabelNo LabelNo LabelNo Label
1.4447.91-0.03

Axis Innovation Fund-Reg(IDCW) Scheme InfoAxis Innovation Fund-Reg(IDCW) Scheme Info

PlanPlanLock inLock inExit LoadExit Load
IDCW0 yrs1.00%
Nil for 10% of investment and 1% for remaining investment on or before 12M Nil after 12M
SIP Inv.SIP Inv.Min. LumpsumMin. Lumpsum
Allowed₹ 100
Initial: ₹ 100 Incremental: ₹ 100
BenchmarkBenchmark

About Thematic Fund

About Thematic Fund

Thematic funds are the equity mutual funds. They invest in stocks linked to a theme. They are well diversifies and may invest in several sectors around a particular opportunity.

Axis Innovation Fund-Reg(IDCW) Portfolio

Axis Innovation Fund-Reg(IDCW) Asset Allocation

Axis Innovation Fund-Reg(IDCW) Asset Allocation

Actual

Target

Sep 2024

Dec 2024

Mar 2025

Jun 2025

ACTUAL
Treasury BillsFutures & OptionsADR & GDRCash & EquivalentsEquity0.41%0.57%1.10%1.93%95.99%

Sep 2024

Dec 2024

Mar 2025

Jun 2025

Tickertape Separator

Axis Innovation Fund-Reg(IDCW) Sector Distribution

Axis Innovation Fund-Reg(IDCW) Sector Distribution

+27 moreElectrical Components & EquipmentsRetail - OnlinePharmaceuticalsPrivate BanksIT Services & Consulting59.68 %6.73 %7.21 %7.37 %7.57 %11.43 %

Sep 2024

Dec 2024

Mar 2025

Jun 2025

Tickertape Separator

Axis Innovation Fund-Reg(IDCW) Sector Weightage

Axis Innovation Fund-Reg(IDCW) Sector Weightage

Mar 24Jun 24Sep 24Dec 24Mar 25Jun 2514.22%14.63%14.35%13.84%12.05%11.43%
IT Services & Consulting as a % of total holdings for last six quarters
Tickertape Separator

Axis Innovation Fund-Reg(IDCW) Current Holdings

Axis Innovation Fund-Reg(IDCW) Current Holdings

Equity

Debt

Others

  • Constituent
    Holding Weight
    3M Change

AMC Profile of Axis Innovation Fund-Reg(IDCW)

AMC Profile of Axis Innovation Fund-Reg(IDCW)

Axis Asset Management Company Ltd. is the mutual fund investment wing of Axis Bank, the 3rd largest private bank in India. 74.99% share of the AMC is held by Axis Bank while the rest 24% is held by Schroder Singapore Holdings Private Limited.

Axis Asset Management Company Ltd. is the mutual fund investment wing of Axis Bank, the 3rd largest private bank in India. 74.99% share of the AMC is held by Axis Bank while the rest 24% is held by Schroder Singapore Holdings Private Limited.

  • No.of Schemes

    71

  • Total AUM

    ₹ 3,41,260.81 Cr.

Axis Innovation Fund-Reg(IDCW) Manager Details

Axis Innovation Fund-Reg(IDCW) Manager Details

Axis Innovation Fund-Reg(IDCW) Manager Profile

Axis Innovation Fund-Reg(IDCW) Manager Profile

Ashish Naik

AUM:  ₹41,392.25 Cr.

Sum of AUMs of all funds managed by the fund manager

 | 

Exp: 6yrs

Krishnaa N

AUM:  ₹1,48,460.23 Cr.

Sum of AUMs of all funds managed by the fund manager

 | 

Exp:

Axis Innovation Fund-Reg(IDCW) Manager Performance (0)

Axis Innovation Fund-Reg(IDCW) Manager Performance (0)

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Axis Innovation Fund-Reg(IDCW) Tax Implications

Axis Innovation Fund-Reg(IDCW) Tax Implications

Invested period < 1 year

Gains are treated as short-term capital gains and taxed at 20%

Invested period > 1 year

Gains are treated as long-term capital gains and taxed at 12.5%

Let’s calculate your returns after tax

Investment frequency

Monthly

One Time

Monthly Investment Amt. (₹)

Investment period (years)

CAGR (%)
This CAGR is calculated based on the actual past return given by the fund during the selected investment period. This is the annualised growth rate assuming monthly compounding.

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Frequently asked questions

Frequently asked questions

  1. What is the current price / NAV of Axis Innovation Fund-Reg(IDCW)?

    The current NAV of Axis Innovation Fund-Reg(IDCW) is ₹17, as of 15th July 2025.

  2. What are the returns of Axis Innovation Fund-Reg(IDCW)?

    The Axis Innovation Fund-Reg(IDCW) was launched on 24th December 2020. This mutual fund's past returns are as follows:
    • 1 Year Returns: -5.92%
    • 3 Year Returns: 14.89%

  3. What are the top 5 sectoral holdings of Axis Innovation Fund-Reg(IDCW)?

    The top sectors Axis Innovation Fund-Reg(IDCW) has invested in are as follows:
    • IT Services & Consulting | 11.43%
    • Private Banks | 7.57%
    • Pharmaceuticals | 7.37%
    • Retail - Online | 7.21%
    • Electrical Components & Equipments | 6.73%
    This data is as on 15th July 2025.

  4. What are the top 5 holdings of Axis Innovation Fund-Reg(IDCW)?

    The top 5 holdings for Axis Innovation Fund-Reg(IDCW) are as follows:
    • HDFC Bank Ltd | 3.79%
    • ICICI Bank Ltd | 3.78%
    • Reliance Industries Ltd | 3.19%
    • Eternal Ltd | 3.17%
    • Pidilite Industries Ltd | 2.33%
    This data is as on 15th July 2025.

  5. What is the asset allocation of Axis Innovation Fund-Reg(IDCW)?

    The asset allocation for Axis Innovation Fund-Reg(IDCW) is as follows:
    • Equity | 95.99%
    • Cash & Equivalents | 1.93%
    • ADR & GDR | 1.10%
    • Futures & Options | 0.57%
    • Treasury Bills | 0.41%
    This data is as on 15th July 2025.

  6. What is the AUM of Axis Innovation Fund-Reg(IDCW)?

    The AUM (i.e. assets under management) of Axis Innovation Fund-Reg(IDCW) is ₹1204.91 Cr as of 15th July 2025.

  7. What is the expense ratio of Axis Innovation Fund-Reg(IDCW)?

    The expense ratio of Axis Innovation Fund-Reg(IDCW) Plan is 2.25 as of 15th July 2025.

  8. What is the alpha ratio of Axis Innovation Fund-Reg(IDCW)?

    The alpha ratio for the Axis Innovation Fund-Reg(IDCW) is 4.78

    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.

  9. What is the volatility or standard deviation of Axis Innovation Fund-Reg(IDCW)?

    The volatility or standard deviation for the Axis Innovation Fund-Reg(IDCW) is 14.62

    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.

  10. What is the sharpe ratio of Axis Innovation Fund-Reg(IDCW)?

    The Sharpe ratio for the Axis Innovation Fund-Reg(IDCW) is -0.01

    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.

  11. What is the Sortino ratio of Axis Innovation Fund-Reg(IDCW)?

    The Sortino Ratio for the Axis Innovation Fund-Reg(IDCW) is -0.00

    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.

  12. What is the Price to Earnings (PE) ratio of Axis Innovation Fund-Reg(IDCW)?

    The PE ratio of Axis Innovation Fund-Reg(IDCW) is 61.53, while category PE ratio is 47.91.