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 Apr 2026 Comparing Mar 2026 → Apr 2026

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Stocks Held

Apr 2026

Equity Holdings

₹954.80 Cr

Equity only, excl. debt & cash

Top 5 Weight

19.5%

Diversified

Top 10 Weight

31.6%

Diversified

Changes

1 new · 2 exits

Top Sector

Retailing

18.7% of portfolio

📋 What Happened This Month Axis Innovation Fund made 1 new addition and exited 2 stocks this month. The biggest new buy was Bosch Limited (Auto Components) at 0.83% weight. Sun Pharmaceutical Industries Limited was the biggest exit (Pharmaceuticals & Biotechnology), which was held at 1.42%. Among existing holdings, Eternal Limited saw the biggest increase — now at 6.22% of the portfolio. Black Buck Ltd was trimmed the most, now at 2.01%. Eternal Limited remains the top holding with Retailing the dominant sector at 18.7%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.

NAV Performance

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

-2.18%

+7.84%

-0.35%

+3.85%

Latest NAV

₹20.21

04 Jun 2026

52W High

₹20.80

-3% from High

52W Low

₹16.51

+22% 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

13.9%

+ve in 81% windows

47.5% / -15.2%

3Y Rolling Avg

16.2% p.a.

+ve in 100% windows

22.3% / 9.0%

5Y Rolling Avg

13.3% 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)

0.80

Return per unit of risk. >1 is good.

Sortino Ratio (3Y)

1.13

Penalises downside volatility only.

Std Deviation (3Y)

12.9%

Lower = more consistent returns.

NAV Chart ₹20.21 04 Jun 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: ₹20.21

Sector Shift Industry allocation month-over-month

Feb 2026 → Mar 2026

Sector	Prev	Curr ▼	Delta
Retailing	18.1%	18.2%	● +0.1%
Chemicals & Petrochemicals	8.7%	8.5%	▼ -0.2%
Financial Technology (Fintech)	7.4%	6.9%	▼ -0.6%
Pharmaceuticals & Biotechnology	5.2%	5.0%	▼ -0.3%
Electrical Equipment	5.0%	4.8%	▼ -0.2%
Transport Services	4.4%	4.6%	▲ +0.2%
Capital Markets	4.3%	4.2%	● 0.0%
IT - Services	3.5%	4.1%	▲ +0.6%
Automobiles	4.0%	4.0%	● +0.1%
Auto Components	3.2%	3.1%	▼ -0.1%

Mar 2026 → Apr 2026

Sector	Prev	Curr ▼	Delta
Retailing	18.2%	18.7%	▲ +0.5%
Chemicals & Petrochemicals	8.5%	8.0%	▼ -0.6%
Financial Technology (Fintech)	6.9%	7.1%	▲ +0.2%
Electrical Equipment	4.8%	5.3%	▲ +0.5%
Capital Markets	4.2%	4.4%	▲ +0.2%
Transport Services	4.6%	4.2%	▼ -0.4%
Auto Components	3.1%	4.0%	▲ +0.9%
Automobiles	4.0%	3.9%	▼ -0.1%
IT - Services	4.1%	3.6%	▼ -0.5%
Pharmaceuticals & Biotechnology	5.0%	3.4%	▼ -1.5%

🟢

Biggest New Buy

Bosch Limited

0.83% weight · Auto Components

🔴

Biggest Exit

Sun Pharmaceutical Industries Limited

1.42% was held · Pharmaceuticals & Biotechnology

↑

Biggest Add

Eternal Limited

+0.91% · now 6.22%

↓

Biggest Trim

Black Buck Ltd

-0.39% · now 2.01%

🤝 Other funds also bought this month

Bosch Limited 28 funds

👋 Other funds also exited

Sun Pharmaceutical Industries Limited 33 funds

Trent Limited 21 funds

What Changed?

Comparing Mar 2026 → Apr 2026

Mar 2026 → Apr 2026

🟢 1 New Entry 🔴 2 Exits ↑ 19 Increased ↓ 25 Decreased

#	Stock	Sector	Weight (Apr 2026)
1	Bosch Limited ₹9.82 Cr	Auto Components	0.83%

#	Stock	Sector	Last Weight (Mar 2026)
1	Sun Pharmaceutical Industries Limited ₹14.75 Cr	Pharmaceuticals & Biotechnology	1.42%
2	Trent Limited ₹4.87 Cr	Retailing	0.47%

#	Stock	Sector	Mar 2026	Apr 2026	Change
1	Eternal Limited ₹73.16 Cr	Retailing	5.31%	6.22%	+0.91%
2	Meesho Ltd ₹24.95 Cr	Retailing	1.53%	2.12%	+0.59%
3	Billionbrains Garage Ventures Ltd ₹52.19 Cr	Capital Markets	4.22%	4.44%	+0.22%
4	Siemens Limited ₹20.30 Cr	Electrical Equipment	1.51%	1.73%	+0.22%
5	Sona BLW Precision Forgings Limited ₹23.08 Cr	Auto Components	1.76%	1.96%	+0.20%
6	Ideaforge Technology Limited ₹7.44 Cr	Aerospace & Defense	0.44%	0.63%	+0.19%
7	GE Vernova T&D India Limited ₹27.80 Cr	Electrical Equipment	2.18%	2.36%	+0.18%
8	Urban Company Ltd. ₹15.47 Cr	Retailing	1.17%	1.32%	+0.15%
9	Siemens Energy India Limited ₹14.74 Cr	Electrical Equipment	1.11%	1.25%	+0.14%
10	Ellenbarrie Industrial Gases Limited ₹7.25 Cr	Chemicals & Petrochemicals	0.51%	0.62%	+0.11%
11	Pine Labs Limited ₹12.64 Cr	Financial Technology (Fintech)	0.98%	1.07%	+0.09%
12	PB Fintech Limited ₹29.92 Cr	Financial Technology (Fintech)	2.47%	2.54%	+0.07%
13	TBO Tek Limited ₹11.93 Cr	Leisure Services	0.97%	1.01%	+0.04%
14	Honeywell Automation India Limited ₹10.20 Cr	Industrial Manufacturing	0.83%	0.87%	+0.04%
15	One 97 Communications Limited ₹40.87 Cr	Financial Technology (Fintech)	3.44%	3.47%	+0.03%
16	Wework India Management Limited ₹7.22 Cr	Commercial Services & Supplies	0.58%	0.61%	+0.03%
17	Carborundum Universal Limited ₹5.34 Cr	Industrial Products	0.42%	0.45%	+0.03%
18	Capillary Technologies India Limited ₹19.23 Cr	IT - Software	1.61%	1.63%	+0.02%
19	Dixon Technologies (India) Limited ₹13.29 Cr	Consumer Durables	1.11%	1.13%	+0.02%

#	Stock	Sector	Mar 2026	Apr 2026	Change
1	Black Buck Ltd ₹23.68 Cr	Transport Services	2.40%	2.01%	-0.39%
2	Affle 3i Limited ₹24.88 Cr	IT - Services	2.44%	2.11%	-0.33%
3	Neogen Chemicals Limited ₹12.28 Cr	Chemicals & Petrochemicals	1.34%	1.04%	-0.30%
4	Info Edge (India) Limited ₹26.22 Cr	Retailing	2.51%	2.23%	-0.28%
5	Lenskart Solutions Limited ₹31.08 Cr	Retailing	2.89%	2.64%	-0.25%
6	Jain Resource Recycling Limited ₹23.25 Cr	Diversified Metals	2.23%	1.98%	-0.25%
7	Wakefit Innovations Limited ₹10.08 Cr	Consumer Durables	1.07%	0.86%	-0.21%
8	Go Digit General Insurance Limited ₹11.56 Cr	Insurance	1.17%	0.98%	-0.19%
9	Aether Industries Limited ₹31.24 Cr	Chemicals & Petrochemicals	2.81%	2.66%	-0.15%
10	Sagility Limited ₹17.54 Cr	IT - Services	1.62%	1.49%	-0.13%
11	Swiggy Limited ₹17.53 Cr	Retailing	1.62%	1.49%	-0.13%
12	Bharti Airtel Limited ₹20.72 Cr	Telecom - Services	1.88%	1.76%	-0.12%
13	Mahindra & Mahindra Limited ₹17.97 Cr	Automobiles	1.65%	1.53%	-0.12%
14	PTC Industries Limited ₹21.70 Cr	Industrial Products	1.95%	1.84%	-0.11%
15	Bajaj Finserv Limited ₹21.68 Cr	Finance	1.95%	1.84%	-0.11%
16	Linde India Limited ₹21.33 Cr	Chemicals & Petrochemicals	1.92%	1.81%	-0.11%
17	Pidilite Industries Limited ₹21.36 Cr	Chemicals & Petrochemicals	1.92%	1.82%	-0.10%
18	Jyoti CNC Automation Ltd ₹13.84 Cr	Industrial Manufacturing	1.28%	1.18%	-0.10%
19	Tenneco Clean Air India Limited ₹14.33 Cr	Auto Components	1.31%	1.22%	-0.09%
20	Bharat Electronics Limited ₹19.95 Cr	Aerospace & Defense	1.78%	1.70%	-0.08%
21	Divi's Laboratories Limited ₹20.88 Cr	Pharmaceuticals & Biotechnology	1.84%	1.77%	-0.07%
22	Sai Life Sciences Limited ₹19.28 Cr	Pharmaceuticals & Biotechnology	1.69%	1.64%	-0.05%
23	Delhivery Limited ₹23.68 Cr	Transport Services	2.03%	2.01%	-0.02%
24	FSN E-Commerce Ventures Limited ₹31.48 Cr	Retailing	2.69%	2.68%	-0.01%
25	Ather Energy Limited ₹28.06 Cr	Automobiles	2.39%	2.38%	-0.01%

Full Portfolio

46 stocks — Apr 2026

#	Stock	Sector	Weight & Value
1	Eternal Limited ₹73.16 Cr	Retailing	6.22%
2	Billionbrains Garage Ventures Ltd ₹52.19 Cr	Capital Markets	4.44%
3	One 97 Communications Limited ₹40.87 Cr	Financial Technology (Fintech)	3.47%
4	FSN E-Commerce Ventures Limited ₹31.48 Cr	Retailing	2.68%
5	Aether Industries Limited ₹31.24 Cr	Chemicals & Petrochemicals	2.66%
6	Lenskart Solutions Limited ₹31.08 Cr	Retailing	2.64%
7	PB Fintech Limited ₹29.92 Cr	Financial Technology (Fintech)	2.54%
8	Ather Energy Limited ₹28.06 Cr	Automobiles	2.38%
9	GE Vernova T&D India Limited ₹27.80 Cr	Electrical Equipment	2.36%
10	Info Edge (India) Limited ₹26.22 Cr	Retailing	2.23%
11	Meesho Ltd ₹24.95 Cr	Retailing	2.12%
12	Affle 3i Limited ₹24.88 Cr	IT - Services	2.11%
13	Black Buck Ltd ₹23.68 Cr	Transport Services	2.01%
14	Delhivery Limited ₹23.68 Cr	Transport Services	2.01%
15	Jain Resource Recycling Limited ₹23.25 Cr	Diversified Metals	1.98%
16	Sona BLW Precision Forgings Limited ₹23.08 Cr	Auto Components	1.96%
17	PTC Industries Limited ₹21.70 Cr	Industrial Products	1.84%
18	Bajaj Finserv Limited ₹21.68 Cr	Finance	1.84%
19	Pidilite Industries Limited ₹21.36 Cr	Chemicals & Petrochemicals	1.82%
20	Linde India Limited ₹21.33 Cr	Chemicals & Petrochemicals	1.81%
21	Divi's Laboratories Limited ₹20.88 Cr	Pharmaceuticals & Biotechnology	1.77%
22	Bharti Airtel Limited ₹20.72 Cr	Telecom - Services	1.76%
23	Siemens Limited ₹20.30 Cr	Electrical Equipment	1.73%
24	Bharat Electronics Limited ₹19.95 Cr	Aerospace & Defense	1.70%
25	Sai Life Sciences Limited ₹19.28 Cr	Pharmaceuticals & Biotechnology	1.64%
26	Capillary Technologies India Limited ₹19.23 Cr	IT - Software	1.63%
27	Mahindra & Mahindra Limited ₹17.97 Cr	Automobiles	1.53%
28	Sagility Limited ₹17.54 Cr	IT - Services	1.49%
29	Swiggy Limited ₹17.53 Cr	Retailing	1.49%
30	Urban Company Ltd. ₹15.47 Cr	Retailing	1.32%
31	Siemens Energy India Limited ₹14.74 Cr	Electrical Equipment	1.25%
32	Tenneco Clean Air India Limited ₹14.33 Cr	Auto Components	1.22%
33	Jyoti CNC Automation Ltd ₹13.84 Cr	Industrial Manufacturing	1.18%
34	Dixon Technologies (India) Limited ₹13.29 Cr	Consumer Durables	1.13%
35	Pine Labs Limited ₹12.64 Cr	Financial Technology (Fintech)	1.07%
36	Neogen Chemicals Limited ₹12.28 Cr	Chemicals & Petrochemicals	1.04%
37	TBO Tek Limited ₹11.93 Cr	Leisure Services	1.01%
38	Go Digit General Insurance Limited ₹11.56 Cr	Insurance	0.98%
39	Honeywell Automation India Limited ₹10.20 Cr	Industrial Manufacturing	0.87%
40	Wakefit Innovations Limited ₹10.08 Cr	Consumer Durables	0.86%
41	Bosch Limited ₹9.82 Cr	Auto Components	0.83%
42	Ideaforge Technology Limited ₹7.44 Cr	Aerospace & Defense	0.63%
43	Ellenbarrie Industrial Gases Limited ₹7.25 Cr	Chemicals & Petrochemicals	0.62%
44	Wework India Management Limited ₹7.22 Cr	Commercial Services & Supplies	0.61%
45	Carborundum Universal Limited ₹5.34 Cr	Industrial Products	0.45%
46	Blue Dart Express Limited ₹2.34 Cr	Transport Services	0.20%