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
₹1,363 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
You would have got

- 1
- 2
- 3
- 4
- 5
Growth Review
| Duration | Fund Return(%) | Category Average(%) | Category Best(%) |
|---|---|---|---|
| 1M | 0.47 | -1.21 | 8.60 |
| 6M | 24.59 | 3.22 | 41.05 |
| 1Y | 11.24 | 3.96 | 112.26 |
| 3Y | 16.37 | 13.36 | 290.64 |
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 ₹1,363 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 |
|---|---|---|---|
| Edelweiss Recently Listed IPO Fund Growth | 4 | 1,230 CR | 2.34 |
| Aditya Birla Sun Life Special Opportunities Fund Growth | 5 | 1,279 CR | 2.31 |
| 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 FundEdelweiss Recently Listed IPO Fund Growth | 14.5265 | 54.9863 |
| This FundAditya Birla Sun Life Special Opportunities Fund Growth | 8.5223 | 56.2183 |
| This FundAxis Innovation Fund Growth | 11.2377 | 57.5935 |
| This FundUTI Gold Exchange Traded Fund Growth | 37.1996 | 150.9947 |
| This FundNippon India Taiwan Equity Fund Growth | 109.4189 | 274.8319 |
Axis Innovation Fund Growth FAQs
- 1 Month : 0.47%
- 6 Months : 24.59%
- 1 Year : 11.24%
- 3 Years : 16.37%