← Back to the fund page Use your browser's print dialog and choose “Save as PDF”. A4.
MF Analyser

Axis Innovation Fund

Regular Plan · IDCW Option · Sectoral / Thematic · Scheme code 148633

NAV₹18.1800as on 25 Sep 2026
Fund houseAxis Mutual Fund
CategorySectoral / Thematic
Plan & optionRegular · IDCW Option
History5.7 years

Returns (%)

 1M3M6M1Y3Y5Y7Y10YLaunch
This scheme 0.0011.6021.69 2.349.506.28 ——10.68
Nifty 500
benchmark		 0.874.312.15 5.2012.4911.41 ——15.49
Sectoral / Thematic
category median		 ——— 2.1513.4710.56 —13.46—

Over a year annualised (CAGR), under a year absolute. Computed from AMFI's published NAV history for this scheme.

Risk

 VolatilitySharpeSortinoBetaAlphaMax fallR²
This scheme 14.3% 0.21 0.28 0.87 -2.00% -28.4% 63.83
Nifty 500
benchmark		 17.2%0.35 0.47—— -37.3%—

Risk-free rate 6.5%. Beta, alpha and R² are regressed on the 68 months this scheme and its benchmark share.

Growth of ₹100 since launch

91128164201202220242026MF Analyser

Drawdown from peak (%)

0%-10%-20%-30%202220242026

Every one-year period it has lived through

WindowsWorstMedianBestPeriods that lost money
234 -15.4% 5.1% 45.8% 42%

Every one-year holding period in this scheme's history, not just the last one — the spread a real investor would have met depending only on when they started.

How it behaves against its benchmark

Up captureDown captureCorrelation Tracking errorInformation ratioTreynor
92% 101% 0.80 9.6% -0.31 5.39

Up capture is how much of the benchmark's gain this scheme kept in the months the benchmark rose; down capture, how much of its fall it took. Below 100 on the down side and above it on the up side is the combination every fund is trying for and few reach. Measured over the 68 months this scheme and Nifty 500 share.

MF Analyser

Axis Innovation Fund

Regular Plan · IDCW Option

Allocation

By asset

Equity83.61%
Foreign Securities12.95%
Cash & Equivalents3.07%
Debt0.36%

By market cap

Large Cap19.23%
Mid Cap28.90%
Small Cap32.06%
Unclassified16.73%

Concentration

Number of stocks76
Top 5 stocks19.66%
Top 10 stocks32.56%
Top 20 stocks52.33%
Lines in the filing79
Largest holding5.28%
Largest sectorRetailing 19.16%
Effective stocks49.7
Sectors held36
Cash3.07%

Effective stocks is what the concentration works out to: a fund holding 76 names but most of its money in a few behaves like a fund of 50. Cash includes repo and TREPS, which every fund parks money in overnight.

Sector split

Retailing — 19.2%Financial Technology (Fintech) — 7.8%Chemicals & Petrochemicals — 7.6%Pharmaceuticals & Biotechnology — 5.5%Automobiles — 5.0%Electrical Equipment — 4.6%Auto Components — 4.6%Transport Services — 3.5%IT - Services — 3.5%Other — 38.7%Retailing19.2%Financial Technology (Fin…7.8%Chemicals & Petrochemicals7.6%Pharmaceuticals & Biotech…5.5%Automobiles5.0%Electrical Equipment4.6%Auto Components4.6%Transport Services3.5%IT - Services3.5%Other38.7%
Retailing19.16%
Financial Technology (Fintech)7.84%
Chemicals & Petrochemicals7.62%
Pharmaceuticals & Biotechnology5.49%
Automobiles5.00%
Electrical Equipment4.58%
Auto Components4.58%
Transport Services3.54%
IT - Services3.50%
Industrial Manufacturing3.46%
Semiconductors3.46%
Capital Markets3.42%
Cash & Equivalents3.07%
Industrial Products2.65%
Consumer Durables2.49%
Finance1.84%
Broadline Retail1.63%
Fertilizers & Agrochemicals1.57%
IT - Software1.52%
Interactive Media & Services1.49%
MF Analyser

Axis Innovation Fund

Regular Plan · IDCW Option · holdings

Top 30 holdings

#CompanySectorShares held Value
₹ cr		% of fund
1 Eternal Limited Retailing 2,192,938 72 5.28%
2 One 97 Communications Limited Financial Technology (Fintech) 327,419 56 4.13%
3 Ather Energy Limited Automobiles 300,112 52 3.78%
4 Billionbrains Garage Ventures Ltd Capital Markets 2,427,378 47 3.42%
5 FSN E-Commerce Ventures Limited Retailing 1,188,996 42 3.05%
6 Lenskart Solutions Limited Retailing 602,400 40 2.93%
7 Aether Industries Limited Chemicals & Petrochemicals 215,304 36 2.67%
8 Info Edge (India) Limited Retailing 269,492 35 2.60%
9 PB Fintech Limited Financial Technology (Fintech) 179,555 34 2.47%
10 Divi's Laboratories Limited Pharmaceuticals & Biotechnology 32,107 30 2.23%
11 Sona BLW Precision Forgings Limited Auto Components 371,805 30 2.22%
12 PTC Industries Limited Industrial Products 13,508 30 2.19%
13 Meesho Ltd Retailing 1,419,857 29 2.14%
14 Siemens Limited Electrical Equipment 70,059 28 2.07%
15 Affle 3i Limited IT - Services 175,000 28 2.05%
16 Sai Life Sciences Limited Pharmaceuticals & Biotechnology 180,317 26 1.93%
17 Clearing Corporation of India Ltd Unclassified — 26 1.91%
18 Black Buck Ltd Transport Services 432,066 26 1.88%
19 Bajaj Finserv Limited Finance 124,100 25 1.84%
20 Pidilite Industries Limited Chemicals & Petrochemicals 142,187 24 1.76%
21 Wakefit Innovations Limited Consumer Durables 1,567,729 23 1.69%
22 Urban Company Ltd. Retailing 1,368,584 23 1.68%
23 PI Industries Limited Fertilizers & Agrochemicals 90,263 21 1.57%
24 Capillary Technologies India Limited IT - Software 418,769 21 1.52%
25 Delhivery Limited Transport Services 450,513 21 1.51%
26 Swiggy Limited Retailing 714,243 20 1.48%
27 Indo-MIM Limited Industrial Manufacturing 228,323 20 1.47%
28 Sagility Limited IT - Services 4,202,130 20 1.45%
29 GE Vernova T&D India Limited Electrical Equipment 44,133 20 1.44%
30 Jain Resource Recycling Limited Diversified Metals 703,728 19 1.43%
MF Analyser

Axis Innovation Fund

Regular Plan · IDCW Option · where the money sits

What the manager did last month

Between the filings of 31 Jul 2026 and 31 Aug 2026. A position grows because the manager bought or because the price rose; only the share count separates them.

BoughtSoldNew positionsSold out ofPrice move of holdings
₹16 cr ₹14 cr 2 0 +9.11%
StockShares tradedShares PriceValue
₹ cr
New position
Rubicon Research Limited 52,499 entered — 9.6
Dhoot Transmission Ltd 61,430 entered — 9.1
Added to
Urban Company Ltd. 255,292 +22.9% +29.2% 4.3
PI Industries Limited 15,325 +20.5% -13.9% 3.6
Capillary Technologies India Limited 70,067 +20.1% -0.7% 3.5
Kusumgar Limited 35,000 +13.1% -0.2% 2.0
Monster Beverage Corp 3,281 +100.0% -52.3% 1.4
Delhivery Limited 22,670 +5.3% -5.3% 1.0
Trimmed
Eternal Limited 138,652 -6.0% +8.5% 4.6
Jyoti CNC Automation Ltd 29,295 -15.9% +23.0% 2.9
Tenneco Clean Air India Limited 49,380 -21.4% -1.6% 2.6
Mahindra & Mahindra Limited 7,292 -12.6% -3.4% 2.4
Aether Industries Limited 6,354 -2.9% +9.9% 1.1
Sona BLW Precision Forgings Limited 8,261 -2.2% +5.7% 0.7
Pidilite Industries Limited 1,406 -1.0% +4.7% 0.2
Not equityPrevious filingThis filingChange
Cash, repo and TREPS ₹0 cr ₹0 cr +₹0 cr
Debt: bills, CDs and commercial paper ₹5 cr ₹5 cr −₹0 cr

The list above is stocks and fund units. Treasury bills, repo and money-market lines roll over every month by design — they are not decisions, so they are totalled here rather than listed as activity.

A ₹10,000 monthly SIP over five years

InvestedValueGainXIRR
₹600,000 ₹744,975 ₹144,975 8.59%

XIRR, not CAGR — a SIP's money arrives over sixty months, so each instalment has been invested for a different length of time.

Not investment advice. InvestVerdict is not a SEBI-registered Investment Adviser or Research Analyst. Every figure is computed from AMFI's published NAV history and the portfolio the AMC filed with AMFI; none of it is a recommendation to buy, hold or sell. Past returns do not predict future ones. Generated 26 Sep 2026.