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Axis Innovation Fund Growth Return

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  • 1Y
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Showing Funds Performance since Sep 07, 2020

Axis Innovation Fund Growth Fund Overview

Min. investment

SIP ₹100 & Lump. ₹100

AUM (Fund size)

₹1,167 Cr

Lock In Period

N/A

Expense Ratio

2.18

Exit Load

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

Benchmark

NIfty 500 Total Return

Axis Innovation Fund Growth Calculate Returns

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Growth Review

DurationFund Return(%)Category Average(%)Category Best(%)
1M4.63-0.0511.89
6M3.581.01103.47
1Y5.473.24180.49
3Y15.0810.43337.28

Portfolio Analysis

  • Equity: 80.29%
  • Debt: 19.72%
  • Others
As on: 2026-05-31
View allocation % by

1. Eternal Limited6.36%
2. FSN E-Commerce Ventures Limited2.67%
3. Meesho Ltd2.03%
4. Swiggy Limited1.58%

1. Billionbrains Garage Ventures Ltd3.85%
2. Capillary Technologies India Limited1.53%
3. TBO Tek Limited1.00%
4. Pine Labs Limited0.81%

1. One 97 Communications Limited3.58%
2. PB Fintech Limited2.62%

1. Aether Industries Limited2.51%
2. Pidilite Industries Limited1.94%
3. Neogen Chemicals Limited1.17%

1. Delhivery Limited1.97%
2. Black Buck Ltd1.89%

1. Divi's Laboratories Limited1.83%
2. Sai Life Sciences Limited1.79%

1. Siemens Limited1.76%
2. Honeywell Automation India Limited1.00%

1. GE Vernova T&D India Limited2.75%

1. Lenskart Solutions Limited2.70%

1. Bharat Electronics Limited1.63%
2. Ideaforge Technology Limited0.88%

1. Ather Energy Limited2.48%

1. Linde India Limited1.80%
2. Ellenbarrie Industrial Gases Limited0.60%

1. Info Edge (India) Limited2.30%

1. Affle 3i Limited2.19%

1. Jain Resource Recycling Limited2.05%

1. Sona BLW Precision Forgings Limited1.98%

1. Bajaj Finserv Limited1.90%

1. PTC Industries Limited1.87%

1. Urban Company Ltd.1.15%
2. Wework India Management Limited0.68%

1. Mahindra & Mahindra Limited1.51%

1. Siemens Energy India Limited1.49%

1. Sagility Limited1.48%

1. Dixon Technologies (India) Limited1.18%

1. Wakefit Innovations Limited1.17%

1. Tenneco Clean Air India Limited1.16%

About Fund Axis Innovation Fund Growth

Axis Innovation Fund Growth managed by Axis Mutual Fund,is a Equity - Sector Fundscheme with Assets Under Management of ₹1,167 Crore. The fund benchmarks its performance against the NIfty 500 Total Return while maintaining an expense ratio of 2.18. 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 NameRatingsAUMExpense Ratio
Mirae Asset Banking and Financial Services Fund Growth42146.75 CR2.05
ICICI Prudential Housing Opportunities Fund Growth12644.52 CR2
Axis Innovation Fund Growth41166.69 CR2.18
HDFC Defence Fund Growth59724.27 CR1.75
Nippon India Taiwan Equity Fund Growth31256.27 CR2.15
Fund Name1Y3Y
This FundMirae Asset Banking and Financial Services Fund Growth3.140647.2627
This FundICICI Prudential Housing Opportunities Fund Growth0.057549.1424
This FundAxis Innovation Fund Growth5.472152.4031
This FundHDFC Defence Fund Growth15.1472190.7313
This FundNippon India Taiwan Equity Fund Growth176.6839319.5069

Axis Innovation Fund Growth FAQs

Axis Innovation Fund Growth's fund is managed by experienced SEBI-registered investment fund manager , who implements the fund's strategy through research-backed decisions while adhering to its stated objectives.

The expense ratio of Axis Innovation Fund Growth is 2.18. This expense ratio is calculated by dividing the fund's operating expenses by its net assets.

Axis Innovation Fund Growth’s fund performance is as follows:
  • 1 Month : 4.63%
  • 6 Months : 3.58%
  • 1 Year : 5.47%
  • 3 Years : 15.08%
Returns of Axis Innovation Fund Growth are updated daily based on NAV of ₹ 19.66 as on Jul 01,2026. Since inception, the return has been 52.40%.

You can invest in Axis Innovation Fund Growth through SIP with a minimum of ₹500 monthly or make a lump sum investment of a minimum ₹1,000. Additional purchase minimums vary by scheme.

The fund size (AUM) of Axis Innovation Fund Growth is ₹1,167 crore. It changes based on market performance, inflows, and outflows.

You can track your investment in Axis Innovation Fund Growth through our website, our Choice FinX mobile app, regular statements, and email updates. Our customer support team is available for queries.