Showing Funds Performance since Sep 07, 2020

| Duration | Fund Return(%) | Category Average(%) | Category Best(%) |
|---|---|---|---|
| 1M | 3.50 | -0.65 | 9.53 |
| 6M | 10.19 | 2.24 | 74.28 |
| 1Y | 7.37 | 4.66 | 154.31 |
| 3Y | 15.09 | 12.98 | 264.77 |
Axis Innovation Fund Growth managed by Axis Mutual Fund,is a Equity - Sector Fundscheme with Assets Under Management of ₹1,199 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.
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.
| Fund Name | Ratings | AUM | Expense Ratio |
|---|---|---|---|
| ICICI Prudential Housing Opportunities Fund Growth | 1 | 2,657 CR | 2.04 |
| Quant Business Cycle Fund Growth | 0 | 1,015 CR | 2.85 |
| Axis Innovation Fund Growth | 4 | 1,199 CR | 2.28 |
| HDFC Defence Fund Growth | 5 | 10,529 CR | 1.8 |
| Nippon India Taiwan Equity Fund Growth | 3 | 1,191 CR | 2.6 |
| Fund Name | 1Y | 3Y |
|---|---|---|
| This FundICICI Prudential Housing Opportunities Fund Growth | -1.0274 | 44.8622 |
| This FundQuant Business Cycle Fund Growth | 2.6857 | 52.2025 |
| This FundAxis Innovation Fund Growth | 7.3679 | 52.464 |
| This FundHDFC Defence Fund Growth | 21.1788 | 174.5118 |
| This FundNippon India Taiwan Equity Fund Growth | 150.8738 | 249.9709 |