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.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%
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%
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%
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%
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.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.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.
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.
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.
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.
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.
Gains are treated as short-term capital gains and taxed at 20%
Gains are treated as long-term capital gains and taxed at 12.5%