INF846K01X71

Axis Innovation Fund Direct Growth

Very High Risk Equity - Other Equity

NAV (Fri Oct 18 2024)

₹20

Returns (Since Inception)

12.53%

Category Average

0.00%

Rating

NA

Allocation and Holdings

Asset class

Weightage

Communication Services

3.81%

Consumer Cyclical

3.46%

Utilities

3.27%

Financial Services

5.79%

Basic Materials

7.68%

Industrials

2.51%

Technology

2.34%

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Overall rating

100K+Downloads

Scheme Information

Fund name

Axis Innovation Fund Direct Growth


Minimum SIP

100


Risk Level

Very High Risk


AUM

₹1300.41 Cr


ISIN

INF846K01X71


Inception Date

Dec 18 2020


Standard Deviation

13.446


Beta

0.89


Sharpe Ratio

0.706


Benchmark

IISL Nifty 500 TR INR


Expense Ratio

0.810%


Exit Load

If redeemed / switched-out within 12 months - For 10% of investment: Nil , For remaining investment: 1%

Risk

Very High Risk

Investment Objective

To generate long term capital appreciation by investing in equity & equity related securities of companies that are benefiting from innovative change (innovators, enablers, adaptors).

Fund Managers

Ashish Naik

Hitesh Das

About the AMC

Axis Asset Management Company Limited


Phone Number

+91 22 43255161


Corporate Office Address

Axis Asset Management Company Ltd.,Axis House, 1st Floor, C-2, Wadia International Centre,,Pandurang Budhkar Marg, Worli,

Overall AUM

₹1300.41 Cr


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