What is the current NAV of Axis Innovation Fund - Direct Plan - IDCW?

The latest NAV of Axis Innovation Fund - Direct Plan - IDCW is ₹18.10 as of 2026-07-17.

What are the 1-year returns of Axis Innovation Fund - Direct Plan - IDCW?

Axis Innovation Fund - Direct Plan - IDCW has delivered +8.89% returns over the past 1 year.

Who manages Axis Innovation Fund - Direct Plan - IDCW?

Axis Innovation Fund - Direct Plan - IDCW is managed by Axis Mutual Fund and falls under the Equity category.

Mutual Funds

Axis Innovation Fund - Direct Plan - IDCW

Axis Mutual FundSectoral/ThematicVery High Risk

₹18.1-0.08 (-0.44%)

NAV as on 2026-07-17 · Equity · Sectoral/Thematic

AUM

₹1,199 Cr

1Y Return

+8.9%

3Y CAGR

+15.9%

5Y CAGR

+12.5%

Expense

1.30%

Risk

Very High

Axis Innovation Fund

₹18.1-0.44%

1Y Return

+8.9%

3Y CAGR

+15.9%

5Y CAGR

+12.5%

Since Inception

+11.2%

AI Fund Analysis

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NAV History

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52-Week NAV Range

₹14.88

₹18.78

83% from 52W low

Fund Information

Sectoral/ThematicEquitySince 28-12-2020

Fund House

Axis Mutual Fund

Portfolio Composition

Asset Allocation

Equity97.7%

Cash2.3%

Market Cap Split

Large Cap20.9%

Mid Cap27.2%

Small Cap23.0%

Top Holdings

79 stocks

Weight1M Change

Eternal Ltd

Consumer Cyclical

5.31%0.0%

Billionbrains Garage Ventures Ltd

Financial Services

4.22%0.0%

One97 Communications Ltd

Technology

3.44%-7.8%

Lenskart Solutions Ltd

Healthcare

2.89%0.0%

Aether Industries Ltd

Basic Materials

2.81%-2.0%

FSN E-Commerce Ventures Ltd

Consumer Cyclical

2.69%0.0%

Info Edge (India) Ltd

Communication Services

2.51%-8.5%

PB Fintech Ltd

Financial Services

2.47%0.0%

Affle 3i Ltd

Communication Services

2.44%0.0%

Blackbuck Ltd

Technology

2.40%0.0%

Sector Allocation

Weight1M Change

Consumer Cyclical

23.9%-5%

Technology

18.2%+87%

Industrials

12.2%0%

Basic Materials

10.7%-23%

Financial Services

10.3%0%

Healthcare

10.3%-12%

Communication Services

9.4%-8%

Utilities

1.1%0%

Real Estate

0.6%0%

Fundamentals

P/E Ratio

45.77

Cat avg: 29.36

P/B Ratio

7.05

Cat avg: 4.46

Dividend Yield

0.22%

Cat avg: 1.20%

Price/Sale

5.91

Price/Cash Flow

30.37

Risk Metrics (3Y)

Sharpe Ratio

0.64

Sortino Ratio

1.06

Std Deviation

14.22%

Peer Comparison

Fund	AUM (Cr)	Exp %	1Y	3Y	5Y
Axis Innovation Dir IDCW-P	1,199	1.30	+8.9%	+15.9%	+12.5%
ICICI Pru India Opports Dir IDCW-P	37,257	0.60	+1.8%	+17.2%	+19.4%
ICICI Pru Business Cycle Dir IDCW-P	16,138	0.67	+2.1%	+16.8%	+17.1%
HDFC Defence Dir IDCW-P	10,529	0.86	+19.5%	+41.4%	-
HDFC Manufacturing Dir IDCW-P	10,328	0.87	+6.4%	-	-
Franklin India Opportunities Dir IDCW-P	9,192	0.47	+2.4%	+22.5%	+19.0%
Nippon India Power & Infra Dir Bns	8,043	0.82	+9.1%	+22.7%	+22.9%
ICICI Pru Innovt Dir IDCW-P	7,609	0.67	+4.6%	+20.4%	-
ICICI Pru Manufacturing Dir IDCW-P	6,843	0.72	+9.2%	+21.6%	+19.9%
SBI PSU Dir IDCW-P	6,684	0.85	+7.2%	+26.3%	+24.3%

What If I Had Invested?

Investment Amount

₹

NAV history not available for this range

Key Metrics

AUM₹1,199 Cr

Expense Ratio1.30%

Volatility (3Y)14.2%

Sharpe Ratio0.64

Sortino Ratio1.06

Beta-

Min SIP₹500

Min Lumpsum₹5,000

Holdings78

Risk-o-Meter

Low

Moderate

High

Very High

Rated as Very High risk

Key Metrics

AUM₹1,199 Cr

Expense Ratio1.30%

Volatility (3Y)14.2%

Sharpe Ratio0.64

Sortino Ratio1.06

Beta-

Min SIP₹500

Min Lumpsum₹5,000

Holdings78

Risk-o-Meter

Low

Moderate

High

Very High

Rated as Very High risk

Disclaimer: Mutual fund investments are subject to market risks. Read all scheme related documents carefully. Past performance is not indicative of future returns. NAV data sourced from AMFI. This is not SEBI-registered investment advice.