What is Axis Innovation Fund Direct IDCW Reinvestment NAV today?

The latest NAV of Axis Innovation Fund Direct IDCW Reinvestment is ₹19.24 as on 29 Sept 2026.

How has Axis Innovation Fund Direct IDCW Reinvestment performed vs its category?

1-year return +6.53%. Past performance does not guarantee future returns.

What are the returns of Axis Innovation Fund Direct IDCW Reinvestment?

Trailing returns from published NAVs: 1 year +6.53%, 3 year +11.70% a year, 5 year +7.86% a year, since our first NAV +10.24% a year. Past performance does not guarantee future returns.

How would a SIP in Axis Innovation Fund Direct IDCW Reinvestment 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 +11.70%. It is not a forecast.

What is the expense ratio and fund size of Axis Innovation Fund Direct IDCW Reinvestment?

For Axis Innovation Fund Direct IDCW Reinvestment, the expense ratio is 1.30% and fund size (AUM) is ₹1166.69 Cr.

What is the ISIN of Axis Innovation Fund Direct IDCW Reinvestment?

The ISIN for Axis Innovation Fund Direct IDCW Reinvestment is INF846K01X97.

Compiled by Rupeestop LLP, SEBI RIA INA000022701. NAV as on 29 Sept 2026. Factsheet Jun 2026. About · Disclosures

Axis Innovation Fund Direct IDCW Reinvestment

Axis Mutual Fund

Thematic InnovationDirectIDCW

NAV

₹19.24

As on 29 Sept 2026

Vs category

Period	This fund	Category	Rank
1 year	+6.53%	—	—
3 year	+11.70%	—	—
5 year	+7.86%	—	—

Sharpe: 0.66
Std dev: 14.30%

All Thematic Innovation funds · Axis Mutual Fund

Returns

From NAVs through 29 Sept 2026

+6.53%

Total

+11.70%

p.a.

+7.86%

p.a.

+10.24%

p.a.

Calendar years

-11.97%

2022

+25.60%

2023

+29.08%

2024

-5.20%

2025

+4.40%

2026 YTD

Rolling 1-year · 51 overlapping windows

-14.69%avg +10.04%+46.72%

NAV over time

Select a range to zoom in.

Fund facts

Fund details from the Jun 2026 factsheet

Fund size

₹1166.69 Cr

Expense ratio

1.30%

Exit load

None

Lock-in

None

Launched18 Dec 2020

StructureOpen Ended

ISININF846K01X97

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

Eternal Ltd
Consumer Cyclical
6.36%
Billionbrains Garage Ventures Ltd
Financial Services
3.85%
One97 Communications Ltd
Technology
3.58%
GE Vernova T&D India Ltd
Industrials
2.75%
Lenskart Solutions Ltd
Healthcare
2.7%
Clearing Corporation of India Ltd
2.7%
FSN E-Commerce Ventures Ltd
Consumer Cyclical
2.67%
PB Fintech Ltd
Financial Services
2.62%
Aether Industries Ltd
Basic Materials
2.51%
Ather Energy Ltd
Consumer Cyclical
2.48%

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

0.66

Return per unit of total risk

Sortino

0.41

Return per unit of downside risk

Risk

Std deviation

14.3%

How much returns swing

Who manages this fund

2 fund managers

AN
Ashish Naik
9.7 years in the industry
Runs 17 schemes
KN
Krishnaa N
2.0 years in the industry
Runs 26 schemes

Other Thematic Innovation funds

SIP illustration

Rate

+11.70%

Invested

₹6,00,000

Illustrated

₹11,41,345

₹5,000/mo × 10 years at this fund's 3Y CAGR. Illustration, not a forecast. SIP calculator

Other versions

FAQ

What is Axis Innovation Fund Direct IDCW Reinvestment NAV today?: The latest NAV of Axis Innovation Fund Direct IDCW Reinvestment is ₹19.24 as on 29 Sept 2026.
How has Axis Innovation Fund Direct IDCW Reinvestment performed vs its category?: 1-year return +6.53%. Past performance does not guarantee future returns.
What are the returns of Axis Innovation Fund Direct IDCW Reinvestment?: Trailing returns from published NAVs: 1 year +6.53%, 3 year +11.70% a year, 5 year +7.86% a year, since our first NAV +10.24% a year. Past performance does not guarantee future returns.
How would a SIP in Axis Innovation Fund Direct IDCW Reinvestment 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 +11.70%. It is not a forecast.
What is the expense ratio and fund size of Axis Innovation Fund Direct IDCW Reinvestment?: For Axis Innovation Fund Direct IDCW Reinvestment, the expense ratio is 1.30% and fund size (AUM) is ₹1166.69 Cr.
What is the ISIN of Axis Innovation Fund Direct IDCW Reinvestment?: The ISIN for Axis Innovation Fund Direct IDCW Reinvestment is INF846K01X97.

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.