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Axis Innovation Fund - Regular Plan - IDCW

Category: Equity: Thematic-Others
Launch Date: 24-12-2020
Asset Class: Equity
Benchmark: NIFTY 500 TRI
Expense Ratio: 2.25% As on (31-05-2025)
Status: Open Ended Schemes
Minimum Investment: 100.0
Minimum Topup: 100.0
Total Assets: 1,176.91 Cr As on (30-05-2025)
Turn over: 39
NAV (₹): 16.82 ₹ -0.01 ( -0.0595%)
as on 10-06-2025
CAGR Since Inception - 14.54%
NIFTY 500 TRI - 12.59%

Fund Managers

Mr. Ashish Naik, Ms. Krishnaa N


Investment Objective

To generate long term capital appreciation by investing in equity & equity related securities of companies that are benefiting from innovative change (innovators, enablers, adaptors) However, there is no assurance that the investment objective of the Scheme will be achieved

PERFORMANCE of Axis Innovation Fund - Regular Plan - IDCW

Scheme Performance (%) Data as on - 11-06-2025

1-Year Ret (%) 3-Yrs Ret (%) 5-Yrs Ret (%) 10-Yrs Ret (%) Since Launch Ret (%)
Axis Innovation Fund - Regular Plan - IDCW 8.49 17.63 - - 14.54
NIFTY 500 TRI 8.0 20.34 24.25 14.57 12.59
Equity: Thematic-Others 7.12 21.73 26.71 14.21 13.68

RETURNS CALCULATOR for Axis Innovation Fund - Regular Plan - IDCW

Growth of 10000 In SIP (Fund vs Benchmark)

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Growth of 10000 In LUMPSUM (Fund vs Benchmark)

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Rolling Returns

Rolling returns are the annualized returns of the scheme taken for a specified period (rolling returns period) on every day/week/month and taken till the last day of the duration. In this chart we are showing the annualized returns over the rolling returns period on every day from the start date and comparing it with the benchmark. Rolling returns is the best measure of a fund's performance. Trailing returns have a recency bias and point to point returns are specific to the period in consideration. Rolling returns, on the other hand, measures the fund's absolute and relative performance across all timescales, without bias.

Key Performance and Risk Statistics of Axis Innovation Fund - Regular Plan - IDCW

Key Statistics Volatility Sharpe Ratio Alpha Beta Yield to Maturity Average Maturity
Axis Innovation Fund - Regular Plan - IDCW 13.48 0.66 -1.94 0.89 - -
Equity: Thematic-Others - - - - - -

PEER COMPARISION

Scheme Name Launch
Date
1-Year
Ret (%)
2-Yrs
Ret (%)
3-Yrs
Ret (%)
5-Yrs
Ret (%)
10-Yrs
Ret (%)
Axis Innovation Fund Reg IDCW 24-12-2020 8.49 20.33 17.63 0.0 0.0
Bandhan Innovation Fund Reg Gr 30-04-2024 20.24 0.0 0.0 0.0 0.0
Sundaram Services Reg Gr 21-09-2018 19.59 24.44 22.5 27.5 0.0
WhiteOak Capital Special Opportunities Reg Gr 04-06-2024 19.47 0.0 0.0 0.0 0.0
HDFC Defence Fund Gr 02-06-2023 18.14 58.6 0.0 0.0 0.0
ICICI Pru Exports & Services Gr 01-11-2005 13.84 27.7 23.46 26.71 14.41
ICICI Pru India Opportunities Cum 05-01-2019 13.5 29.46 26.83 32.63 0.0
Union Innovation & Opportunities Fund Reg Gr 06-09-2023 13.43 0.0 0.0 0.0 0.0
Kotak Business Cycle Fund Reg Gr 05-09-2022 11.52 22.83 0.0 0.0 0.0
HSBC Business Cycles Fund Reg Gr 20-08-2014 10.74 28.47 27.31 29.22 14.17

Asset Allocation (%)

PORTFOLIO ANALYSIS of Axis Innovation Fund - Regular Plan - IDCW

Portfolio as on

Top 10 Sectors in portfolio (%)

Top 10 Stocks in portfolio (%)