Compiled by Rupeestop LLP, SEBI RIA INA000022701. NAV as on 18 Aug 2026. Factsheet Jun 2026. About · Disclosures
Axis Innovation Fund Direct Growth
Axis Mutual FundThematic InnovationDirectGrowthVery high risk
NAV
₹22.93
As on 18 Aug 2026
Vs category
| Period | This fund | Category | Rank |
|---|---|---|---|
| 1 year | +15.93% | — | — |
| 3 year | +19.16% | — | — |
| 5 year | +13.32% | — | — |
- Sharpe
- 0.69
- Std dev
- 14.19%
Returns
From NAVs through 18 Aug 2026
1Y
+15.93%
Total
3Y
+19.16%
p.a.
5Y
+13.32%
p.a.
SI
+15.70%
p.a.
Calendar years
-11.97%2022
+25.60%2023
+29.15%2024
+4.16%2025
+13.18%2026 YTD
Rolling 1-year · 51 overlapping windows
-12.47%avg +12.33%+44.99%
Fund facts
Fund details from the Jun 2026 factsheet
Fund size
₹1,166.69 Cr
Expense ratio
1.30%
Exit load
None
Lock-in
None
BenchmarkNIFTY 500 TRI
Launched18 Dec 2020
Risk levelVery high
StructureOpen Ended
ISININF846K01X71
Where the money is invested
Split by asset type.
By asset type
Equity97.56%
Cash2.44%
What the fund holds
76 holdings · portfolio as on 30 May 2026
- 6.36%Eternal LtdConsumer Cyclical
- 3.85%Billionbrains Garage Ventures LtdFinancial Services
- 3.58%One97 Communications LtdTechnology
- 2.75%GE Vernova T&D India LtdIndustrials
- 2.7%Lenskart Solutions LtdHealthcare
- 2.7%Clearing Corporation of India Ltd
- 2.67%FSN E-Commerce Ventures LtdConsumer Cyclical
- 2.62%PB Fintech LtdFinancial Services
- 2.51%Aether Industries LtdBasic Materials
- 2.48%Ather Energy LtdConsumer Cyclical
Concentration
Top 5 weight
19.24%
Top 10 weight
32.22%
Avg turnover
85.21%
Risk and quality measures
How steady the returns have been.
Return quality
Sharpe
0.69
Return per unit of total risk
Sortino
0.95
Return per unit of downside risk
Information ratio
0.38
Consistency of outperformance
Risk
Std deviation
14.19%
How much returns swing
Who manages this fund
2 fund managers
- ANAshish Naik9.7 years in the industryRuns 17 schemes
- KNKrishnaa N2.0 years in the industryRuns 26 schemes
Other Thematic Innovation funds
HDFC Innovation FunddirectCompare
Tata India Innovation Fund Direct Plan GrowthdirectCompare
Mahindra Manulife Innovation Opportunities FunddirectCompare
Motilal Oswal Innovation Opportunities Fund - Direct Plan - GrowthdirectCompare- HDFC Innovation FunddirectCompare
- HDFC Innovation FunddirectCompare
- Mahindra Manulife Innovation Opportunities FunddirectCompare
- Mahindra Manulife Innovation Opportunities FunddirectCompare
SIP illustration
Rate
+19.16%
Invested
₹6,00,000
Illustrated
₹18,10,885
₹5,000/mo × 10 years at this fund's 3Y CAGR. Illustration, not a forecast. SIP calculator
Other versions
- regularIDCWAxis Innovation Fund Regular IDCW ReinvestmentNAV ₹17.31
- directIDCWAxis Innovation Fund Direct IDCW PayoutNAV ₹18.45
- regularGrowthAxis Innovation Fund Regular GrowthNAV ₹19.03
FAQ
What is Axis Innovation Fund Direct Growth NAV today?
- The latest NAV of Axis Innovation Fund Direct Growth is ₹22.93 as on 18 Aug 2026.
How has Axis Innovation Fund Direct Growth performed vs its category?
- 1-year return +15.93%. Past performance does not guarantee future returns.
What are the returns of Axis Innovation Fund Direct Growth?
- Trailing returns from published NAVs: 1 year +15.93%, 3 year +19.16% a year, 5 year +13.32% a year, since our first NAV +15.70% a year. Past performance does not guarantee future returns.
How would a SIP in Axis Innovation Fund Direct Growth have been illustrated?
- The SIP illustration on this page uses ₹5,000 a month for 10 years at this fund's 3-year annualised return of +19.16%. It is not a forecast.
What is the expense ratio and fund size of Axis Innovation Fund Direct Growth?
- For Axis Innovation Fund Direct Growth, the expense ratio is 1.30% and fund size (AUM) is ₹1,166.69 Cr.
What is the ISIN of Axis Innovation Fund Direct Growth?
- The ISIN for Axis Innovation Fund Direct Growth is INF846K01X71.
Mutual fund investments are subject to market risks. Read all scheme related documents carefully before investing. Past performance does not guarantee future returns and is not an indicator of future results.
Figures on this page come from published NAVs and the scheme's monthly factsheet. They are for information only and are not investment advice or a recommendation to buy or sell any scheme.