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Fund Overview of Axis Innovation Fund Direct-idcw
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₹1,166.7 CrAUM
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₹17.10NAV
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1.41%Expense Ratio
Minimum amount you can invest: ₹500
Maximum amount you can invest: ₹1,00,000
We have used a return rate of 15% for our calculations.
Returns of Axis Innovation Fund Direct-idcw
| Tenure | Absolute(%) | Annualised(%) | Category Average(%) |
|---|---|---|---|
| 3 Months | 12.14% | NA | NA |
| 6 Months | 1.90% | NA | NA |
| 1 Year | 5.20% | 5.20% | NA |
| 2 Years | 11.49% | 5.59% | NA |
| 3 Years | 51.20% | 14.78% | NA |
| 5 Years | 79.85% | 12.46% | NA |
Dividends are declared by the fund house based on the income generated from the underlying assets. While many mutual funds distribute dividends annually, the payout frequency ultimately depends on the fund house’s decision
Compare Axis Innovation Fund Direct-idcw with other mutual funds in the same category
Axis Innovation Fund Direct-idcw
Kotak Pioneer Fund Direct-growth
Kotak Pioneer Fund Direct-idcw
Asset Allocation
equities
97.56%debt instruments
3.55%Launched on 24 Dec 2020, the fund aims Capital appreciation over long term. Investment in stocks based on Innovation theme. It manages assets worth ₹1,166.7 crore as on Sun May 31, 2026. The expense ratio stands at 1.41%. Fund Manager Manager Education Fund Manager Manager EducationAbout Axis Innovation Fund Direct-idcw
The portfolio allocation consists of 97.56% in equities, 3.55% in debt instruments.Managed by Ashish Naik, it has delivered a return of 5.20% in the last year, a total return since inception of 13.92%.
The latest dividend was declared on 18 Mar 2026 at 13.60% of face value.
People planning wealth creation generally compare different best sip in india so they can grow long-term financial stability.
Key Metrics of Axis Innovation Fund Direct-idcw
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Standard Deviation14.19%
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Sharpe Ratio0.72%
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Alpha3.64%
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Beta0.83%
Fund Details
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|
Top Performing Mutual Funds
| Fund Names | AUM (Cr) | 1M | 3M | 1Yr | 3Yr | 5Yr |
|---|---|---|---|---|---|---|
Kotak Pioneer Fund Direct-growth  |
₹3,687 | 2.55% | 14.65% | 11.19% | 20.72% | 16.72% |
| Kotak Pioneer Fund Direct-idcw |
₹3,687 | 2.55% | 14.65% | 11.19% | 20.72% | 16.72% |
| Kotak Pioneer Fund Regular-growth |
₹3,687 | 2.43% | 14.26% | 9.68% | 19.05% | 15.01% |
| Kotak Pioneer Fund Regular-idcw |
₹3,687 | 2.43% | 14.26% | 9.68% | 19.05% | 15.01% |
| Axis Innovation Fund Direct-growth |
₹1,167 | 1.44% | 12.14% | 5.20% | 14.78% | 12.46% |
| Axis Innovation Fund Direct-idcw |
₹1,167 | 1.44% | 12.14% | 5.20% | 14.78% | 12.46% |
| Axis Innovation Fund Regular-growth |
₹1,167 | 1.33% | 11.85% | 4.21% | 13.59% | 11.09% |
| Axis Innovation Fund Regular-idcw |
₹1,167 | 1.33% | 11.85% | 4.21% | 13.59% | 11.09% |
growth is based on 1-month returns of the funds & Top fund are based on 3Y Returns
More funds from Axis Mutual Fund
| Fund Names | AUM (Cr) | 1M | 3M | 6M | 1Yr | 3Yr |
|---|---|---|---|---|---|---|
|
Axis Innovation Fund Regular-growth
|
₹1,167 | 1.33% | 11.85% | 1.38% | 4.21% | 13.59% |
|
Axis Innovation Fund Direct-growth
|
₹1,167 | 1.44% | 12.14% | 1.90% | 5.20% | 14.78% |
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Axis Innovation Fund Regular-idcw
|
₹1,167 | 1.33% | 11.85% | 1.38% | 4.21% | 13.59% |
growth is based on 1-month returns of the fundsMutual Fund Calculator
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Top Mutual Funds
| Fund Names | AUM (Cr) | NAV | 3Yr | 5Yr | 10Yr |
|---|---|---|---|---|---|
| ICICI Prudential Innovation Fund-growth |
₹7,453 | ₹18.66 | 20.38% | - | - |
| ICICI Prudential Innovation Fund Direct-growth |
₹7,453 | ₹19.35 | 21.81% | - | - |
| ICICI Prudential Innovation Fund-idcw |
₹7,453 | ₹15.73 | 20.38% | - | - |
| ICICI Prudential Innovation Fund Direct-idcw |
₹7,453 | ₹16.38 | 21.81% | - | - |
| Kotak Pioneer Fund Regular-growth |
₹3,687 | ₹33.46 | 19.05% | 15.01% | - |
| Kotak Pioneer Fund Direct-growth |
₹3,687 | ₹37.09 | 20.72% | 16.72% | - |
Detailed Portfolio
| Stocks | Sector | % of Holding | Value |
|---|---|---|---|
| Zomato Ltd | Technology | 6.36% | ₹74.21 Cr |
| Billionbrains Garage Ventures Ltd. | 3.85% | ₹44.88 Cr | |
| One 97 Communications Ltd | Industrials | 3.58% | ₹41.73 Cr |
| Ge T&d India Ltd | Industrials | 2.75% | ₹32.05 Cr |
| Lenskart Solutions Ltd. | 2.70% | ₹31.56 Cr | |
| Others Cblo | Unspecified | 2.70% | ₹31.50 Cr |
| Fsn E-commerce Ventures Ltd | Consumer Discretionary | 2.67% | ₹31.19 Cr |
| Pb Fintech Ltd | Financial | 2.62% | ₹30.57 Cr |
| Aether Industries Ltd | Materials | 2.51% | ₹29.28 Cr |
| Ather Energy Ltd. | Consumer Discretionary | 2.48% | ₹28.93 Cr |
| Info Edge (india) Ltd | Technology | 2.30% | ₹26.81 Cr |
| Affle (india) Ltd | Industrials | 2.19% | ₹25.60 Cr |
| Jain Resource Recycling Ltd. | 2.05% | ₹23.96 Cr | |
| Meesho Ltd. | 2.03% | ₹23.68 Cr | |
| Sona Blw Precision Forgings Ltd | Consumer Discretionary | 1.98% | ₹23.09 Cr |
| Delhivery Ltd | Industrials | 1.97% | ₹22.94 Cr |
| Pidilite Industries Ltd | Materials | 1.94% | ₹22.60 Cr |
| Bajaj Finserv Ltd | Financial | 1.90% | ₹22.13 Cr |
| Zinka Logistics Solutions Ltd. | Industrials | 1.89% | ₹22.06 Cr |
| Ptc Industries Ltd | Materials | 1.87% | ₹21.87 Cr |
Top Funds
| Fund Names | NAV | 3Yr | 5Yr | 52 weeks high |
|---|---|---|---|---|
| Kotak Pioneer Fund Direct-growth |
₹37.09 | 20.72% | 16.72% | - |
| Kotak Pioneer Fund Direct-idcw |
₹37.08 | 20.72% | 16.72% | - |
| Kotak Pioneer Fund Regular-growth |
₹33.46 | 19.05% | 15.01% | - |
| Kotak Pioneer Fund Regular-idcw |
₹33.48 | 19.05% | 15.01% | - |
| Axis Innovation Fund Direct-growth |
₹20.42 | 14.78% | 12.46% | - |
| Axis Innovation Fund Direct-idcw |
₹17.10 | 14.78% | 12.46% | - |
| Axis Innovation Fund Regular-growth |
₹19.06 | 13.59% | 11.09% | - |
| Axis Innovation Fund Regular-idcw |
₹15.96 | 13.59% | 11.09% | - |
growth is based on 5Y returns of the funds
Frequently Asked Questions
Axis Innovation Fund Direct-idcw
What is the current AUM of Axis Innovation Fund Direct-idcw?
As of Sun May 31, 2026, Axis Innovation Fund Direct-idcw manages assets worth ₹1,166.7 crore
How has Axis Innovation Fund Direct-idcw performed recently?
- 3 Months: 12.14%
- 6 Months: 1.90%
What is the long-term performance of Axis Innovation Fund Direct-idcw?
- 3 Years CAGR: 14.78%
- 5 Years CAGR: 12.46%
- Since Inception: 13.92%
What is the portfolio composition of Axis Innovation Fund Direct-idcw?
Equity: 97.56%, Debt: 3.55%, Others: -1.11%.
Who manages Axis Innovation Fund Direct-idcw?
Axis Innovation Fund Direct-idcw is managed by Ashish Naik from Axis Mutual Fund.
When was the last dividend declared by Axis Innovation Fund Direct-idcw?
Latest dividend was declared on 18 Mar 2026 at 13.60% of face value.
What is the market-cap allocation of Axis Innovation Fund Direct-idcw?
Large Cap: 28.47%, Mid Cap: 31.84%, Small Cap: 39.70%.
Which are the top companies Axis Innovation Fund Direct-idcw has invested in?
- Zomato Ltd – 6.36% of the fund's portfolio
- Billionbrains Garage Ventures Ltd. – 3.85% of the fund's portfolio
- One 97 Communications Ltd – 3.58% of the fund's portfolio
- GE T&D India Ltd – 2.75% of the fund's portfolio
- Lenskart Solutions Ltd. – 2.70% of the fund's portfolio
Which are the major sectors Axis Innovation Fund Direct-idcw focuses on?
- Industrials – 12.38% of the fund's portfolio
- Other – 10.64% of the fund's portfolio
- Technology – 8.66% of the fund's portfolio
- Consumer Discretionary – 7.13% of the fund's portfolio
- Materials – 6.32% of the fund's portfolio
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