What stocks does Axis Innovation Fund hold?

Axis Innovation Fund holds a portfolio of Indian equity stocks disclosed monthly by Axis Mutual Fund to AMFI. The complete current holdings with weights and month-over-month changes are available on this page. Data is sourced from official AMFI portfolio disclosures.

Which AMC manages Axis Innovation Fund?

Axis Innovation Fund is managed by Axis Mutual Fund, a SEBI-registered Asset Management Company in India.

What category is Axis Innovation Fund?

Axis Innovation Fund is classified as a Equity mutual fund under SEBI's mutual fund categorisation framework.

How often is Axis Innovation Fund portfolio data updated?

Portfolio holdings for Axis Innovation Fund are updated monthly. SEBI mandates all AMCs to disclose their complete portfolio within 10 days of each month end. RightAdvise sources this data directly from official AMFI portfolio disclosures.

← Axis Mutual Fund

Axis Innovation Fund - Direct Plan - Growth Option

Equity Data as of Jun 2026 Comparing May 2026 → Jun 2026

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Stocks Held

Jun 2026

Equity Holdings

₹976.35 Cr

Equity only, excl. debt & cash

Top 5 Weight

20.3%

Diversified

Top 10 Weight

32.6%

Diversified

Changes

1 new · 0 exits

Top Sector

Retailing

19.3% of portfolio

📋 What Happened This Month Axis Innovation Fund added 1 new stock to its portfolio this month. The biggest new buy was PI Industries Limited (Fertilizers & Agrochemicals) at 0.26% weight. Among existing holdings, Pine Labs Limited saw the biggest increase — now at 1.34% of the portfolio. Ideaforge Technology Limited was trimmed the most, now at 0.14%. Eternal Limited remains the top holding with Retailing the dominant sector at 19.3%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.

How Has the NAV Performed?

1 year history · Axis Innovation Fund - Direct Plan - Growth Option

+5.48%

+8.23%

+8.45%

+8.72%

Latest NAV

₹21.57

14 Jul 2026

52W High

₹21.74

-1% from High

52W Low

₹16.51

+31% from Low

Calendar Year Returns

Jan 1 to Dec 31 each year. Simple point-to-point — not CAGR.

2025

+4.2%

2024

+29.2%

2023

+25.6%

2022

-12.0%

2021

+35.5%

Rolling Returns

Performance across every possible investment start date.

1Y Rolling Avg

13.7%

+ve in 82% windows

47.5% / -15.2%

3Y Rolling Avg

16.2% p.a.

+ve in 100% windows

22.3% / 9.0%

5Y Rolling Avg

13.4% p.a.

+ve in 100% windows

15.1% / 10.6%

Crisis Period Behaviour

"Pre-inception" = fund didn't exist during that period.

2024–25 Tariff

-19.2%

Rec: Sep 2025 (8 mo)

COVID-19 Crash

Pre-inception

Rec: N/A

2022 Rate Hike

-22.1%

Rec: Aug 2023 (1yr 9mo)

2018 IL&FS

Pre-inception

Rec: N/A

Risk Ratios

3 years daily NAV · Risk-free rate 6.5% p.a. What do these mean? →

Sharpe Ratio (3Y)

0.82

Return per unit of risk. >1 is good.

Sortino Ratio (3Y)

1.17

Penalises downside volatility only.

Std Deviation (3Y)

13.1%

Lower = more consistent returns.

NAV Chart ₹21.57 14 Jul 2026

Simple Moving Avg: Click to draw · click again to remove

Axis Innovation Fund - Direct Plan - Growth Option

Chart shows indexed performance (base = 100). Actual NAV: ₹21.57

Sector Shift Industry allocation month-over-month

Apr 2026 → May 2026

Sector	Prev	Curr ▼	Delta
Retailing	18.7%	18.8%	● +0.1%
Chemicals & Petrochemicals	8.0%	8.0%	● +0.1%
Financial Technology (Fintech)	7.1%	7.0%	● -0.1%
Electrical Equipment	5.3%	6.0%	▲ +0.7%
Transport Services	4.2%	4.0%	▼ -0.2%
Auto Components	4.0%	4.0%	● 0.0%
Automobiles	3.9%	4.0%	● +0.1%
Capital Markets	4.4%	3.9%	▼ -0.6%
IT - Services	3.6%	3.7%	● +0.1%
Pharmaceuticals & Biotechnology	3.4%	3.6%	▲ +0.2%

May 2026 → Jun 2026

Sector	Prev	Curr ▼	Delta
Retailing	18.8%	19.3%	▲ +0.5%
Chemicals & Petrochemicals	8.0%	8.7%	▲ +0.6%
Financial Technology (Fintech)	7.0%	7.3%	▲ +0.3%
Electrical Equipment	6.0%	5.2%	▼ -0.8%
Automobiles	4.0%	4.3%	▲ +0.3%
Capital Markets	3.9%	4.1%	▲ +0.2%
Transport Services	4.0%	4.1%	● +0.1%
Auto Components	4.0%	4.0%	● +0.0%
Pharmaceuticals & Biotechnology	3.6%	3.6%	● 0.0%
IT - Services	3.7%	3.5%	▼ -0.2%

🟢

Biggest New Buy

PI Industries Limited

0.26% weight · Fertilizers & Agrochemicals

↑

Biggest Add

Pine Labs Limited

+0.53% · now 1.34%

↓

Biggest Trim

Ideaforge Technology Limited

-0.74% · now 0.14%

🤝 Other funds also bought this month

PI Industries Limited 6 funds

What Changed in the Portfolio This Month?

Comparing May 2026 → Jun 2026

May 2026 → Jun 2026

🟢 1 New Entry ↑ 21 Increased ↓ 20 Decreased

#	Stock	Sector	Weight (Jun 2026)
1	PI Industries Limited ₹3.08 Cr	Fertilizers & Agrochemicals	0.26%

#	Stock	Sector	May 2026	Jun 2026	Change
1	Pine Labs Limited ₹16.11 Cr	Financial Technology (Fintech)	0.81%	1.34%	+0.53%
2	Aether Industries Limited ₹36.24 Cr	Chemicals & Petrochemicals	2.51%	3.02%	+0.51%
3	FSN E-Commerce Ventures Limited ₹36.96 Cr	Retailing	2.67%	3.08%	+0.41%
4	Ather Energy Limited ₹34.23 Cr	Automobiles	2.48%	2.85%	+0.37%
5	Meesho Ltd ₹27.32 Cr	Retailing	2.03%	2.28%	+0.25%
6	Jyoti CNC Automation Ltd ₹14.31 Cr	Industrial Manufacturing	0.94%	1.19%	+0.25%
7	Billionbrains Garage Ventures Ltd ₹49.05 Cr	Capital Markets	3.85%	4.09%	+0.24%
8	Eternal Limited ₹78.36 Cr	Retailing	6.36%	6.53%	+0.17%
9	TBO Tek Limited ₹13.59 Cr	Leisure Services	1.00%	1.13%	+0.13%
10	Honeywell Automation India Limited ₹13.06 Cr	Industrial Manufacturing	1.00%	1.09%	+0.09%
11	Pidilite Industries Limited ₹24.27 Cr	Chemicals & Petrochemicals	1.94%	2.02%	+0.08%
12	Wework India Management Limited ₹9.10 Cr	Commercial Services & Supplies	0.68%	0.76%	+0.08%
13	Sai Life Sciences Limited ₹22.26 Cr	Pharmaceuticals & Biotechnology	1.79%	1.86%	+0.07%
14	Neogen Chemicals Limited ₹14.82 Cr	Chemicals & Petrochemicals	1.17%	1.24%	+0.07%
15	Urban Company Ltd. ₹14.62 Cr	Retailing	1.15%	1.22%	+0.07%
16	PTC Industries Limited ₹23.16 Cr	Industrial Products	1.87%	1.93%	+0.06%
17	Bosch Limited ₹10.88 Cr	Auto Components	0.86%	0.91%	+0.05%
18	Carborundum Universal Limited ₹6.62 Cr	Industrial Products	0.50%	0.55%	+0.05%
19	Delhivery Limited ₹23.94 Cr	Transport Services	1.97%	2.00%	+0.03%
20	Go Digit General Insurance Limited ₹12.08 Cr	Insurance	0.98%	1.01%	+0.03%
21	Black Buck Ltd ₹22.93 Cr	Transport Services	1.89%	1.91%	+0.02%

#	Stock	Sector	May 2026	Jun 2026	Change
1	Ideaforge Technology Limited ₹1.64 Cr	Aerospace & Defense	0.88%	0.14%	-0.74%
2	GE Vernova T&D India Limited ₹26.13 Cr	Electrical Equipment	2.75%	2.18%	-0.57%
3	PB Fintech Limited ₹29.24 Cr	Financial Technology (Fintech)	2.62%	2.44%	-0.18%
4	Siemens Limited ₹19.19 Cr	Electrical Equipment	1.76%	1.60%	-0.16%
5	Swiggy Limited ₹17.10 Cr	Retailing	1.58%	1.43%	-0.15%
6	Affle 3i Limited ₹24.84 Cr	IT - Services	2.19%	2.07%	-0.12%
7	Lenskart Solutions Limited ₹31.02 Cr	Retailing	2.70%	2.59%	-0.11%
8	Siemens Energy India Limited ₹16.56 Cr	Electrical Equipment	1.49%	1.38%	-0.11%
9	Info Edge (India) Limited ₹26.36 Cr	Retailing	2.30%	2.20%	-0.10%
10	Sagility Limited ₹16.56 Cr	IT - Services	1.48%	1.38%	-0.10%
11	Divi's Laboratories Limited ₹21.12 Cr	Pharmaceuticals & Biotechnology	1.83%	1.76%	-0.07%
12	Bajaj Finserv Limited ₹22.09 Cr	Finance	1.90%	1.84%	-0.06%
13	Bharat Electronics Limited ₹19.05 Cr	Aerospace & Defense	1.63%	1.59%	-0.04%
14	Capillary Technologies India Limited ₹17.90 Cr	IT - Software	1.53%	1.49%	-0.04%
15	One 97 Communications Limited ₹42.58 Cr	Financial Technology (Fintech)	3.58%	3.55%	-0.03%
16	Mahindra & Mahindra Limited ₹17.80 Cr	Automobiles	1.51%	1.48%	-0.03%
17	Wakefit Innovations Limited ₹13.69 Cr	Consumer Durables	1.17%	1.14%	-0.03%
18	Sona BLW Precision Forgings Limited ₹23.56 Cr	Auto Components	1.98%	1.96%	-0.02%
19	Linde India Limited ₹21.31 Cr	Chemicals & Petrochemicals	1.80%	1.78%	-0.02%
20	Tenneco Clean Air India Limited ₹13.66 Cr	Auto Components	1.16%	1.14%	-0.02%

What Stocks Does This Fund Hold?

46 stocks — Jun 2026

#	Stock	Sector	Weight & Value
1	Eternal Limited ₹78.36 Cr	Retailing	6.53%
2	Billionbrains Garage Ventures Ltd ₹49.05 Cr	Capital Markets	4.09%
3	One 97 Communications Limited ₹42.58 Cr	Financial Technology (Fintech)	3.55%
4	FSN E-Commerce Ventures Limited ₹36.96 Cr	Retailing	3.08%
5	Aether Industries Limited ₹36.24 Cr	Chemicals & Petrochemicals	3.02%
6	Ather Energy Limited ₹34.23 Cr	Automobiles	2.85%
7	Lenskart Solutions Limited ₹31.02 Cr	Retailing	2.59%
8	PB Fintech Limited ₹29.24 Cr	Financial Technology (Fintech)	2.44%
9	Meesho Ltd ₹27.32 Cr	Retailing	2.28%
10	Info Edge (India) Limited ₹26.36 Cr	Retailing	2.20%
11	GE Vernova T&D India Limited ₹26.13 Cr	Electrical Equipment	2.18%
12	Affle 3i Limited ₹24.84 Cr	IT - Services	2.07%
13	Jain Resource Recycling Limited ₹24.54 Cr	Diversified Metals	2.05%
14	Pidilite Industries Limited ₹24.27 Cr	Chemicals & Petrochemicals	2.02%
15	Delhivery Limited ₹23.94 Cr	Transport Services	2.00%
16	Sona BLW Precision Forgings Limited ₹23.56 Cr	Auto Components	1.96%
17	PTC Industries Limited ₹23.16 Cr	Industrial Products	1.93%
18	Black Buck Ltd ₹22.93 Cr	Transport Services	1.91%
19	Sai Life Sciences Limited ₹22.26 Cr	Pharmaceuticals & Biotechnology	1.86%
20	Bajaj Finserv Limited ₹22.09 Cr	Finance	1.84%
21	Linde India Limited ₹21.31 Cr	Chemicals & Petrochemicals	1.78%
22	Divi's Laboratories Limited ₹21.12 Cr	Pharmaceuticals & Biotechnology	1.76%
23	Siemens Limited ₹19.19 Cr	Electrical Equipment	1.60%
24	Bharat Electronics Limited ₹19.05 Cr	Aerospace & Defense	1.59%
25	Capillary Technologies India Limited ₹17.90 Cr	IT - Software	1.49%
26	Mahindra & Mahindra Limited ₹17.80 Cr	Automobiles	1.48%
27	Swiggy Limited ₹17.10 Cr	Retailing	1.43%
28	Siemens Energy India Limited ₹16.56 Cr	Electrical Equipment	1.38%
29	Sagility Limited ₹16.56 Cr	IT - Services	1.38%
30	Pine Labs Limited ₹16.11 Cr	Financial Technology (Fintech)	1.34%
31	Neogen Chemicals Limited ₹14.82 Cr	Chemicals & Petrochemicals	1.24%
32	Urban Company Ltd. ₹14.62 Cr	Retailing	1.22%
33	Jyoti CNC Automation Ltd ₹14.31 Cr	Industrial Manufacturing	1.19%
34	Dixon Technologies (India) Limited ₹14.19 Cr	Consumer Durables	1.18%
35	Tenneco Clean Air India Limited ₹13.66 Cr	Auto Components	1.14%
36	Wakefit Innovations Limited ₹13.69 Cr	Consumer Durables	1.14%
37	TBO Tek Limited ₹13.59 Cr	Leisure Services	1.13%
38	Honeywell Automation India Limited ₹13.06 Cr	Industrial Manufacturing	1.09%
39	Go Digit General Insurance Limited ₹12.08 Cr	Insurance	1.01%
40	Bosch Limited ₹10.88 Cr	Auto Components	0.91%
41	Wework India Management Limited ₹9.10 Cr	Commercial Services & Supplies	0.76%
42	Ellenbarrie Industrial Gases Limited ₹7.16 Cr	Chemicals & Petrochemicals	0.60%
43	Carborundum Universal Limited ₹6.62 Cr	Industrial Products	0.55%
44	PI Industries Limited ₹3.08 Cr	Fertilizers & Agrochemicals	0.26%
45	Blue Dart Express Limited ₹2.09 Cr	Transport Services	0.17%
46	Ideaforge Technology Limited ₹1.64 Cr	Aerospace & Defense	0.14%