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
2.28
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 | -2.91 | -2.39 | 5.50 |
| 6M | 17.65 | 3.95 | 25.15 |
| 1Y | 11.73 | 5.15 | 120.15 |
| 3Y | 16.56 | 31.99 | 307.03 |
Portfolio Analysis
- Equity: 83.61%
- Debt: 16.38%
- 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 2.28. 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 |
|---|---|---|---|
| ICICI Prudential Manufacturing Fund Growth | 3 | 7,175 CR | 2.14 |
| ICICI Prudential Innovation Fund Growth | 0 | 8,012 CR | 2.14 |
| Axis Innovation Fund Growth | 4 | 1,362 CR | 2.28 |
| UTI Gold Exchange Traded Fund Growth | 0 | 4,513 CR | 0.59 |
| Nippon India Taiwan Equity Fund Growth | 3 | 1,128 CR | 2.4 |
| Fund Name | 1Y | 3Y |
|---|---|---|
| This FundICICI Prudential Manufacturing Fund Growth | 3.4299 | 57.4914 |
| This FundICICI Prudential Innovation Fund Growth | -0.6893 | 57.5273 |
| This FundAxis Innovation Fund Growth | 11.7339 | 58.3519 |
| This FundUTI Gold Exchange Traded Fund Growth | 19.1812 | 148.5887 |
| This FundNippon India Taiwan Equity Fund Growth | 117.2264 | 290.6318 |
Axis Innovation Fund Growth FAQs
- 1 Month : -2.91%
- 6 Months : 17.65%
- 1 Year : 11.73%
- 3 Years : 16.56%