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
₹1,257 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 | 5.22 | 0.66 | 13.91 |
| 6M | 14.35 | 2.50 | 63.30 |
| 1Y | 16.54 | 5.90 | 135.22 |
| 3Y | 17.47 | 14.14 | 312.34 |
Portfolio Analysis
- Equity: 81.41%
- Debt: 18.59%
- 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 ₹1,257 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 |
|---|---|---|---|
| Quant Quantamental Fund Growth | 2 | 1,642 CR | 2.9 |
| Quant ESG Integration Strategy Fund Growth | 0 | 319 CR | 3.39 |
| Axis Innovation Fund Growth | 4 | 1,257 CR | 2.28 |
| HDFC Defence Fund Growth | 5 | 10,529 CR | 1.79 |
| Nippon India Taiwan Equity Fund Growth | 3 | 947 CR | 2.53 |
| Fund Name | 1Y | 3Y |
|---|---|---|
| This FundQuant Quantamental Fund Growth | 14.0397 | 55.433 |
| This FundQuant ESG Integration Strategy Fund Growth | 24.4191 | 57.2821 |
| This FundAxis Innovation Fund Growth | 16.5393 | 62.1109 |
| This FundHDFC Defence Fund Growth | 29.9813 | 172.085 |
| This FundNippon India Taiwan Equity Fund Growth | 132.0465 | 295.6363 |
Axis Innovation Fund Growth FAQs
- 1 Month : 5.22%
- 6 Months : 14.35%
- 1 Year : 16.54%
- 3 Years : 17.47%