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Fund Overview of Axis Innovation Fund Direct-IDCW
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₹1,345.3 CrAUM
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₹19.23NAV
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1.36%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.
Axis Innovation Fund Direct-IDCW Return Comparison
| Tenure | Absolute(%) | Annualised(%) | Category Average(%) |
|---|---|---|---|
| 3 Months | 1.59% | NA | NA |
| 6 Months | 12.16% | NA | NA |
| 1 Year | 12.60% | 12.60% | NA |
| 2 Years | 19.03% | 9.10% | NA |
| 3 Years | 66.39% | 18.50% | NA |
| 5 Years | 67.69% | 10.89% | 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
Asset Allocation of Axis Innovation Fund Direct-IDCW
equities
97.84%debt instruments
2.27%Launched on 24 Dec 2020, the fund aims Capital appreciation over long term. Investment in stocks based on Innovation theme. It manages assets worth ₹1,345.3 crore as on Wed Sep 30, 2026. The expense ratio stands at 1.36%. Fund Manager Manager Education Fund Manager Manager EducationAbout Axis Innovation Fund Direct-IDCW
The portfolio allocation consists of 97.84% in equities, 2.27% in debt instruments.Managed by Ashish Naik, it has delivered a return of 12.60% in the last year, a total return since inception of 15.22%.
The latest dividend was declared on 18 Mar 2026 at 13.60% of face value.
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Key Metrics of Axis Innovation Fund Direct-IDCW
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Standard Deviation14.87%
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Mean17.65%
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Sharpe Ratio0.81%
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Alpha7.85%
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Beta0.82%
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Sortino Ratio1.29%
Axis Innovation Fund Direct-IDCW Fund Details
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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
Top Performing Mutual Funds
| Fund Names | AUM (Cr) | 1M | 3M | 1Yr | 3Yr | 5Yr |
|---|---|---|---|---|---|---|
Kotak Pioneer Fund Direct-Growth  |
₹4,295 | -0.48% | -2.20% | 6.73% | 19.60% | 14.13% |
| Kotak Pioneer Fund Direct-IDCW |
₹4,295 | -0.48% | -2.20% | 6.73% | 19.60% | 14.13% |
| Kotak Pioneer Fund Regular-Growth |
₹4,295 | -0.60% | -2.51% | 5.31% | 17.97% | 12.49% |
| Kotak Pioneer Fund Regular-IDCW |
₹4,295 | -0.60% | -2.51% | 5.31% | 17.97% | 12.49% |
Axis Innovation Fund Direct-Growth  |
₹1,345 | 0.48% | 1.59% | 12.60% | 18.50% | 10.89% |
| Axis Innovation Fund Direct-IDCW |
₹1,345 | 0.48% | 1.59% | 12.60% | 18.50% | 10.89% |
| Axis Innovation Fund Regular-Growth |
₹1,345 | 0.38% | 1.38% | 11.54% | 17.35% | 9.61% |
| Axis Innovation Fund Regular-IDCW |
₹1,345 | 0.38% | 1.38% | 11.54% | 17.35% | 9.61% |
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
|
₹1,345 | 0.38% | 1.38% | 11.66% | 11.54% | 17.35% |
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Axis Innovation Fund Direct-Growth
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₹1,345 | 0.48% | 1.59% | 12.16% | 12.60% | 18.50% |
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Axis Innovation Fund Regular-IDCW
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₹1,345 | 0.38% | 1.38% | 11.66% | 11.54% | 17.35% |
growth is based on 1-month returns of the fundsAxis Innovation Fund Direct-IDCW Calculator
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Top Mutual Funds
| Fund Names | AUM (Cr) | NAV | 3Yr | 5Yr | 10Yr |
|---|---|---|---|---|---|
| ICICI Prudential Innovation Fund-Growth |
₹7,549 | ₹19.05 | 17.46% | - | - |
| ICICI Prudential Innovation Fund Direct-Growth |
₹7,549 | ₹19.83 | 18.77% | - | - |
| ICICI Prudential Innovation Fund-IDCW |
₹7,549 | ₹16.06 | 17.46% | - | - |
| ICICI Prudential Innovation Fund Direct-IDCW |
₹7,549 | ₹16.79 | 18.77% | - | - |
| Kotak Pioneer Fund Direct-Growth |
₹4,295 | ₹38.26 | 19.60% | 14.13% | - |
| Kotak Pioneer Fund Regular-Growth |
₹4,295 | ₹34.35 | 17.97% | 12.49% | - |
Axis Innovation Fund Direct-IDCW Detailed Portfolio
| Stocks | Sector | % of Holding | Value |
|---|---|---|---|
| Others Cblo | Unspecified | 6.87% | ₹92.47 Cr |
| Others Cblo | Unspecified | 6.87% | ₹92.47 Cr |
| Others Cblo | Unspecified | 6.87% | ₹92.47 Cr |
| Zomato Ltd | Technology | 6.77% | ₹81.19 Cr |
| Zomato Ltd | Technology | 6.53% | ₹78.36 Cr |
| Zomato Ltd | Technology | 6.53% | ₹78.36 Cr |
| Zomato Ltd | Technology | 6.53% | ₹78.36 Cr |
| Zomato Ltd | Technology | 6.53% | ₹78.36 Cr |
| Zomato Ltd | Technology | 6.36% | ₹74.21 Cr |
| Zomato Ltd | Technology | 6.22% | ₹73.16 Cr |
| Zomato Ltd | Technology | 5.28% | ₹71.95 Cr |
| Zomato Ltd | Technology | 5.28% | ₹71.95 Cr |
| Zomato Ltd | Technology | 5.28% | ₹71.95 Cr |
| Zomato Ltd | Technology | 5.28% | ₹71.95 Cr |
| Zomato Ltd | Technology | 5.90% | ₹70.55 Cr |
| Zomato Ltd | Technology | 4.97% | ₹66.88 Cr |
| Zomato Ltd | Technology | 4.97% | ₹66.88 Cr |
| Zomato Ltd | Technology | 4.97% | ₹66.88 Cr |
| Zomato Ltd | Technology | 5.76% | ₹65.98 Cr |
| Zomato Ltd | Technology | 5.30% | ₹59.40 Cr |
Top Funds
| Fund Names | NAV | 3Yr | 5Yr | 52 weeks high |
|---|---|---|---|---|
| Kotak Pioneer Fund Direct-Growth |
₹38.26 | 19.60% | 14.13% | - |
| Kotak Pioneer Fund Direct-IDCW |
₹38.26 | 19.60% | 14.13% | - |
| Kotak Pioneer Fund Regular-Growth |
₹34.35 | 17.97% | 12.49% | - |
| Kotak Pioneer Fund Regular-IDCW |
₹34.36 | 17.97% | 12.49% | - |
| Axis Innovation Fund Direct-Growth |
₹22.96 | 18.50% | 10.89% | - |
| Axis Innovation Fund Direct-IDCW |
₹19.23 | 18.50% | 10.89% | - |
| Axis Innovation Fund Regular-Growth |
₹21.36 | 17.35% | 9.61% | - |
| Axis Innovation Fund Regular-IDCW |
₹17.88 | 17.35% | 9.61% | - |
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 Wed Sep 30, 2026, Axis Innovation Fund Direct-IDCW manages assets worth ₹1,345.3 crore
How has Axis Innovation Fund Direct-IDCW performed recently?
- 3 Months: 1.59%
- 6 Months: 12.16%
What is the long-term performance of Axis Innovation Fund Direct-IDCW?
- 3 Years CAGR: 18.50%
- 5 Years CAGR: 10.89%
- Since Inception: 15.22%
What is the portfolio composition of Axis Innovation Fund Direct-IDCW?
Equity: 97.84%, Debt: 2.27%, Others: -0.12%.
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: 30.31%, Mid Cap: 30.99%, Small Cap: 38.70%.
Which are the top companies Axis Innovation Fund Direct-IDCW has invested in?
- Others CBLO – 6.87% of the fund's portfolio
- Others CBLO – 6.87% of the fund's portfolio
- Others CBLO – 6.87% of the fund's portfolio
- Zomato Ltd – 6.77% of the fund's portfolio
- Zomato Ltd – 6.53% of the fund's portfolio
Which are the major sectors Axis Innovation Fund Direct-IDCW focuses on?
- Technology – 98.48% of the fund's portfolio
- Unspecified – 20.62% of the fund's portfolio
