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)
₹1,167 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
Summary
Axis Innovation Fund Growth NAV is ₹19.18 as of 30 Jun, 2026. Axis Innovation Fund Growth has delivered 50.08% returns since its launch. The minimum SIP investment amount in Axis Innovation Fund Growth is ₹100. The AUM of Axis Innovation Fund Growth is ₹1,167 Cr. The expense ratio of the fund is 2.18%, and its benchmark is NIfty 500 Total Return. The current exit load of the fund is 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. In the last 1M months, Axis Innovation Fund Growth has delivered 1.64% returns.
Axis Innovation Fund Growth Calculate Returns
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Growth Review
| Duration | Fund Return(%) | Category Average(%) | Category Best(%) |
|---|---|---|---|
| 1M | 1.64 | -0.22 | 9.93 |
| 6M | 0.31 | 1.59 | 108.76 |
| 1Y | 3.79 | 4.29 | 185.47 |
| 3Y | 14.49 | 11.51 | 334.27 |
Portfolio Analysis
- Equity: 80.29%
- Debt: 19.72%
- Others
As on: 2026-05-31
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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 Name | Ratings | AUM | Expense Ratio |
|---|---|---|---|
| ICICI Prudential ESG Exclusionary Strategy Fund Growth | 0 | 1318.73 CR | 2.17 |
| HDFC Banking & Financial Services Fund Growth | 2 | 4330.06 CR | 1.87 |
| Axis Innovation Fund Growth | 4 | 1166.69 CR | 2.18 |
| HDFC Defence Fund Growth | 5 | 9724.27 CR | 1.75 |
| Nippon India Taiwan Equity Fund Growth | 3 | 1256.27 CR | 2.15 |
| Fund Name | 1Y | 3Y |
|---|---|---|
| This FundICICI Prudential ESG Exclusionary Strategy Fund Growth | -5.8196 | 48.1481 |
| This FundHDFC Banking & Financial Services Fund Growth | 4.7671 | 48.4975 |
| This FundAxis Innovation Fund Growth | 3.7879 | 50.0782 |
| This FundHDFC Defence Fund Growth | 15.8246 | 190.5664 |
| This FundNippon India Taiwan Equity Fund Growth | 181.5908 | 316.5687 |
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 : 1.64%
- 6 Months : 0.31%
- 1 Year : 3.79%
- 3 Years : 14.49%
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.
