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
₹1,345 Cr
N/A
2.29
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 | -9.11 | -2.23 | 8.60 |
| 6M | 5.27 | -0.37 | 12.71 |
| 1Y | 5.16 | 1.28 | 90.88 |
| 3Y | 15.04 | 10.51 | 281.41 |
Portfolio Analysis
- Equity: 78.59%
- Debt: 21.41%
- 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 ₹1,345 Crore. The fund benchmarks its performance against the NIfty 500 Total Return while maintaining an expense ratio of 2.29. 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 ESG Integration Strategy Fund Growth | 0 | 327 CR | 3.38 |
| Union Innovation & Opportunities Fund Growth | 0 | 1,306 CR | 2.37 |
| Axis Innovation Fund Growth | 4 | 1,345 CR | 2.29 |
| UTI Gold Exchange Traded Fund Growth | 0 | 4,406 CR | 0.59 |
| Nippon India Taiwan Equity Fund Growth | 3 | 1,147 CR | 2.34 |
| Fund Name | 1Y | 3Y |
|---|---|---|
| This FundQuant ESG Integration Strategy Fund Growth | 11.8651 | 49.4877 |
| This FundUnion Innovation & Opportunities Fund Growth | 0.6077 | 50.0504 |
| This FundAxis Innovation Fund Growth | 5.1643 | 52.2659 |
| This FundUTI Gold Exchange Traded Fund Growth | 12.1953 | 131.1935 |
| This FundNippon India Taiwan Equity Fund Growth | 88.3403 | 266.0214 |
Axis Innovation Fund Growth FAQs
- 1 Month : -9.11%
- 6 Months : 5.27%
- 1 Year : 5.16%
- 3 Years : 15.04%