Axis Innovation Fund Growth Return
- 1M
- 3M
- 6M
- 1Y
- 3Y
- 5Y
This Fund:
Sensex:
BankFD:
Showing Funds Performance since Sep 07, 2020
Axis Innovation Fund Growth Fund Overview
SIP ₹100 & Lump. ₹100
₹1,345 Cr
N/A
2.29
If redeemed / switched-out within 12 months from the date of allotment:a) For 20% of investments: Nil.b) For remaining investments: 1%. If redeemed / switched - out after12 months from the date of allotment: Nil
NIfty 500 Total Return
Axis Innovation Fund Growth Calculate Returns
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Growth Review
| Duration | Fund Return(%) | Category Average(%) | Category Best(%) |
|---|---|---|---|
| 1M | -1.56 | -0.17 | 8.60 |
| 6M | 9.54 | 1.58 | 16.54 |
| 1Y | 8.17 | 3.17 | 74.41 |
| 3Y | 16.68 | 12.83 | 269.90 |
Portfolio Analysis
- Equity: 78.59%
- Debt: 21.41%
- Others


About Fund Axis Innovation Fund Growth
Axis Innovation Fund Growth managed by Axis Mutual Fund,is a Sectoral/Thematic Fundsscheme with Assets Under Management of ₹1,345 Crore. The fund benchmarks its performance against the NIfty 500 Total Return while maintaining an expense ratio of 2.29. Under the expert guidance of Ashish Naik ,the fund implements a disciplined investment approach aligned with its mandate. The scheme requires a minimum investment of ₹500 for SIP and ₹1,000 for lump sum investments, making it accessible to diverse investor profiles.
Fund Managers
Ashish Naik
Mr. Ashish Naik is a B.E from Mumbai University and MBA from XLRI, Jamshedpur. Prior to joining Axis Mutual Fund he was associated with organizations such as Goldman Sachs and has over 7 years of experience as an Equity Analyst.
Peer Comparison
| Fund Name | Ratings | AUM | Expense Ratio |
|---|---|---|---|
| UTI Transportation and Logistic Fund Growth | 3 | 4,094 CR | 1.91 |
| Invesco India PSU Equity Fund Growth | 1 | 1,360 CR | 2.44 |
| Axis Innovation Fund Growth | 4 | 1,345 CR | 2.29 |
| HDFC Defence Fund Growth | 5 | 11,493 CR | 1.79 |
| Nippon India Taiwan Equity Fund Growth | 3 | 1,147 CR | 2.34 |
| Fund Name | 1Y | 3Y |
|---|---|---|
| This FundUTI Transportation and Logistic Fund Growth | -4.0668 | 56.7695 |
| This FundInvesco India PSU Equity Fund Growth | -8.8842 | 57.2097 |
| This FundAxis Innovation Fund Growth | 8.1728 | 58.8685 |
| This FundHDFC Defence Fund Growth | 12.7564 | 137.7571 |
| This FundNippon India Taiwan Equity Fund Growth | 72.0881 | 255.0114 |
Axis Innovation Fund Growth FAQs
- 1 Month : -1.56%
- 6 Months : 9.54%
- 1 Year : 8.17%
- 3 Years : 16.68%