- Mutual Funds
- Axis Mutual Fund
- Axis Innovation Fund Direct Growth
Axis Innovation Fund Direct Plan Growth
₹ 17.73
NAV (Apr 17)
View Less
Axis Innovation Fund Direct Growth Calculator
Investment Duration5 years
7,32,612
Total Investment3,09,563
Wealth Gained10,42,175
Total Corpus Created (₹)
With CAGR of 14.192 % in 5 yearsHistorical NAV
₹ 17.73
NAV (Apr 17)
Fund Returns
Last 1Y | 6.9% |
Last 3Y | 11.5% |
Last 5Y | - |
Last 10Y | - |
Since Inception | 14.2% |
6 Month CAGR | -11.7% |
Scheme Information
The Scheme seeks to generate long term capital appreciation by investing in equity & equity related securities of companies that are benefiting from innovative change (innovators, enablers, adaptors).
Expense Ratio | 1.33 % |
Launched 4Y ago | 2020-12-24 |
AUM in Crores | 1091.2 |
ISIN | INF846K01X71 |
Lock-in (days) | No Lock-in |
Benchmark | NIFTY 500 Total Return Index |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation | 14.4 |
Beta | 0.9 |
Sharpe Ratio | 0.4 |
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Axis Innovation Fund Direct (G) | 9,71,380 | 2,38,768 | 11.5% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Asset allocation and Holdings
Top Stock Holdings
Info Edge (India) Ltd.
3.5%Zomato Ltd.
3.32%Torrent Power Ltd.
3.31%ICICI Bank Ltd.
3%Linde India Ltd.
2.84%
Allocation by Sector
Services
22%Financial
13.99%Capital Goods
12.38%Automobile
9.2%Chemicals
8.53%
Comparison with Equity Funds
| Fund Name | Fund Size | |
|---|---|---|
₹ 49,131 cr | ||
₹ 93,440 cr | ||
₹ 64,962 cr | ||
₹ 27,730 cr | ||
₹ 16,217 cr |
About the AMC
Axis Mutual Fund
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
8.4% | 8.7% | ||
6.4% | 5.1% | ||
7.9% | 8.3% | ||
7.2% | 7.7% | ||
7.7% | 8.3% |
Axis Innovation Fund Direct Growth Calculator
Investment Duration5 years
7,32,612
Total Investment3,09,563
Wealth Gained10,42,175
Total Corpus Created (₹)
With CAGR of 14.192 % in 5 yearsFrequently Asked Questions
What is the expense ratio for Axis Innovation Fund Direct Plan Growth?
What is the current AUM of Axis Innovation Fund Direct Growth?
What is the latest NAV of Axis Innovation Fund Direct Growth?
What is the Riskometer rating for Axis Innovation Fund Direct Plan Growth?
Which are the top sector holdings in Axis Innovation Fund Direct Plan?
Which are the top stock holdings in Axis Innovation Fund Direct Plan?
What is the asset allocation of Axis Innovation Fund Direct Plan Growth?
What has been the performance of Axis Innovation Fund Direct Growth returns?
Does Axis Innovation Fund Direct Growth have a lock-in period?
Can I invest in both SIP and lump sum options in Axis Innovation Fund Direct Plan Growth?
How to invest in Axis Innovation Fund Direct Growth?
How can I redeem my investment in Axis Innovation Fund Direct Plan?