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AXIS Innovation Fund - Direct (IDCW)

Sectoral / Thematic • OPEN
NAV as of May 06, 2026
₹20.65
1 day change
Returns since inception
14.57%
CAGR
AUM (Fund size)
₹1,039 Cr
NAV: ₹ 20.65
as on May 06, 2026
AXIS Innovation Fund - Direct (IDCW)

AXIS Innovation Fund - Direct (IDCW) Overview

AUM (Fund size) ₹ 1,039 Cr
Expense ratio 1.28 %
Exit load If redeemed / switched-out within 12 months - For 20% of investment: Nil For remaining investment: 1% If redeemed/switched out after 12 months from the date of allotment: Nil
Plan type Direct Fund
Risk Very High
Lock-in Period Nil
Benchmark Nifty 500 TRI
Min. investment SIP: ₹100    Lumpsum: ₹100
Age 5 yrs 5 m since Dec 04, 2020
Tax implication STCG Tax: 15% if redeemed before 1 Year, LTCG Tax: 10% without indexation benefit exceeding Rs. 1 lakh post 1 Year

Holdings Distribution

Retailing
18.19%
Others
15.54%
Chemicals & Petrochemical
8.50%
Financial Technology (Fin
6.89%
Pharmaceuticals & Biotech
4.95%

Top Holdings

Eternal 5.31%
Billionbrains 4.22%
One 97 3.44%
Lenskart Solut. 2.89%
Aether Industri. 2.81%
FSN E-Commerce 2.69%
Info Edg.(India) 2.51%
PB Fintech. 2.47%
Affle 3i 2.44%
Blackbuck 2.40%

Scheme Information

AXIS Innovation Fund - Direct (IDCW) was launched on 04/12/2020. The fund manages ₹1,039 Cr in assets. Its current expense ratio is 1.28%.

Fund Manager: Ashish Naik

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FAQs on AXIS Innovation Fund - Direct (IDCW)

The current expense ratio of AXIS Innovation Fund - Direct (IDCW) is 1.28%.

The AUM of AXIS Innovation Fund - Direct (IDCW) is ₹1,039 crore.

Log in to your investment platform, select the fund, enter units or amount, and confirm the redemption request.

Yes, AXIS Innovation Fund - Direct (IDCW) allows both SIP and lump sum investments.

The latest NAV is ₹20.65.

Minimum SIP starts from ₹100.

Redemption can be done via AMC website or your investment platform.

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