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Axis Innovation Fund Growth Return

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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)

₹1,199 Cr

Lock In Period

N/A

Expense Ratio

2.28

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

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Growth Review

DurationFund Return(%)Category Average(%)Category Best(%)
1M6.30-0.268.26
6M8.631.6980.16
1Y8.463.76150.72
3Y15.2612.64264.87

Portfolio Analysis

  • Equity: 81.41%
  • Debt: 18.59%
  • Others
As on: 2026-06-30
View allocation % by

1. Eternal Limited6.53%
2. FSN E-Commerce Ventures Limited3.08%
3. Meesho Ltd2.28%
4. Swiggy Limited1.43%

1. Billionbrains Garage Ventures Ltd4.09%
2. Capillary Technologies India Limited1.49%
3. Pine Labs Limited1.34%
4. TBO Tek Limited1.13%

1. Aether Industries Limited3.02%
2. Pidilite Industries Limited2.02%
3. Neogen Chemicals Limited1.24%

1. One 97 Communications Limited3.55%
2. PB Fintech Limited2.44%

1. Delhivery Limited2.00%
2. Black Buck Ltd1.91%

1. Sai Life Sciences Limited1.86%
2. Divi's Laboratories Limited1.76%

1. Ather Energy Limited2.85%

1. Siemens Limited1.60%
2. Honeywell Automation India Limited1.09%

1. Lenskart Solutions Limited2.59%

1. Linde India Limited1.78%
2. Ellenbarrie Industrial Gases Limited0.60%

1. Info Edge (India) Limited2.20%

1. GE Vernova T&D India Limited2.18%

1. Affle 3i Limited2.07%

1. Jain Resource Recycling Limited2.05%

1. Urban Company Ltd.1.22%
2. Wework India Management Limited0.76%

1. Sona BLW Precision Forgings Limited1.96%

1. PTC Industries Limited1.93%

1. Bajaj Finserv Limited1.84%

1. Bharat Electronics Limited1.59%
2. Ideaforge Technology Limited0.14%

1. Mahindra & Mahindra Limited1.48%

1. Siemens Energy India Limited1.38%

1. Sagility Limited1.38%

1. Jyoti CNC Automation Ltd1.19%

1. Dixon Technologies (India) Limited1.18%

1. Wakefit Innovations Limited1.14%

1. Tenneco Clean Air India Limited1.14%

1. Go Digit General Insurance Limited1.01%

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 ₹1,199 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.

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 Growth42,304 CR2.13
ICICI Prudential Housing Opportunities Fund Growth12,657 CR2.04
Axis Innovation Fund Growth41,199 CR2.28
HDFC Defence Fund Growth510,529 CR1.8
Nippon India Taiwan Equity Fund Growth31,191 CR2.6
Fund Name1Y3Y
This FundMirae Asset Banking and Financial Services Fund Growth3.483845.8434
This FundICICI Prudential Housing Opportunities Fund Growth-0.229148.3816
This FundAxis Innovation Fund Growth8.458253.1368
This FundHDFC Defence Fund Growth16.7508171.4178
This FundNippon India Taiwan Equity Fund Growth147.3204250.0386

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 2.28. 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 : 6.30%
  • 6 Months : 8.63%
  • 1 Year : 8.46%
  • 3 Years : 15.26%
Returns of Axis Innovation Fund Growth are updated daily based on NAV of ₹ 20.16 as on Jul 17,2026. Since inception, the return has been 53.14%.

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 ₹1,199 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.