Axis Innovation Fund - Regular Plan - IDCW
Category: Equity: Thematic-Others
Launch Date: 24-12-2020
AUM:
₹ 1,189.11 Cr
Expense Ratio
2.25%
Benchmark
NIFTY 500 TRI
ISIN
INF846K01Y13
Minimum Investment
100.0
Minimum Topup
100.0
Minimum SIP Amount
100
Fund Manager
Mr. Ashish Naik, Ms. Krishnaa N
| Fund Performance | 1Y (%) | 3Y (%) | 5Y (%) |
|---|---|---|---|
| Axis Innovation Fund - Regular Plan - IDCW | 3.35 | 13.58 | - |
| NIFTY 500 TRI | 1.07 | 15.48 | 20.99 |
If you invested in this fund:
In the past (time duration):
Total value today:
0
Returns:
0%
If you invested in this fund:
In the past (time duration):
Total value today:
0
Returns:
0%
Overview
NAV
16.79
Last change
-0.05 (-0.2978%)
Fund Size (AUM)
₹ 1,189.11 Cr
Performance
13.9% (Inception)
Asset Allocation
Equity
Debt
Others
Nav Movement
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) However, there is no assurance that the investment objective of the Scheme will be achieved
Fund Manager
Mr. Ashish Naik, Ms. Krishnaa N
Riskometer
Very High
Top 10 Holdings
| Company | Holdings (%) |
|---|---|
| ICICI BANK LIMITED EQ NEW FV RS. 2/- | 3.94 |
| HDFC BANK LIMITED EQ NEW FV RE. 1/- | 3.89 |
| ZOMATO LIMITED EQ | 3.39 |
| RELIANCE INDUSTRIES LIMITED EQ | 3.01 |
| LINDE INDIA LIMITED EQ | 2.23 |
| PIDILITE INDUSTRIES LIMITED EQ NEW FV RE.1/- | 2.23 |
| India Shelter Finance Corporation Limited | 2.0 |
| EQ - INFO-EDGE (INDIA) LTD. | 1.93 |
| MAHINDRA AND MAHINDRA LIMITED EQ NEW F.V. RS.5 | 1.9 |
| TORRENT POWER LIMITED EQ NEW FV RS.10/- | 1.85 |
Sector Allocation
| Sector | Holdings (%) |
|---|---|
| Financial Services | 15.18 |
| Capital Goods | 11.82 |
| Consumer Services | 11.67 |
| Chemicals | 8.85 |
| Automobile and Auto Components | 8.81 |
| Healthcare | 7.31 |
| Information Technology | 4.55 |
| Power | 3.19 |
| Oil, Gas & Consumable Fuels | 3.01 |
| Services | 1.95 |
Peer Comparison
| Scheme Name | 5Y (%) |
|---|---|
| Axis Innovation Fund Reg IDCW | 0.0 |
| Sundaram Services Reg Gr | 24.92 |
| HDFC Defence Fund Gr | 0.0 |
| ICICI Pru Exports & Services Gr | 23.93 |
| ICICI Pru Commodities Gr | 30.57 |
| ICICI Pru India Opportunities Cum | 30.22 |
| ICICI Prudential Housing Opportunities Fund Gr | 0.0 |
| Franklin India Opportunities Gr | 29.08 |
| Edelweiss Recently Listed IPO Fund Reg Gr | 20.26 |
| SBI COMMA Fund Reg PLAN Gr | 20.48 |