- Mutual Funds
- Axis Mutual Fund
- Axis Innovation Fund Regular Growth
Axis Innovation Fund Regular Plan Growth
₹ 17.21
NAV (May 07)
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 | 2.29 % |
Launched 4Y ago | 2020-12-24 |
AUM in Crores | 1091.2 |
ISIN | INF846K01Y05 |
Lock-in (days) | No Lock-in |
Benchmark | NIFTY 500 Total Return Index |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | - |
Standard Deviation | 14.4 |
Beta | 0.9 |
Sharpe Ratio | 0.3 |
YTM | - |
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 | |
|---|---|---|
₹ 23,379 cr | ||
₹ 64,962 cr | ||
₹ 27,730 cr | ||
₹ 49,131 cr | ||
₹ 16,217 cr |
Axis Innovation Fund Regular Plan Growth Review
Axis Innovation Fund Regular Plan Growth is a Sectoral / Thematic Equity fund and has delivered an annualised return of 13.23% over 4 years. The fund has grown over a period of 4 years. The fund is managed by Axis Mutual Fund. The fund managers are Ashish Naik, Krishnaa Narayan, Mayank Hyanki.
Nav of Axis Innovation Fund as of 5/7/2025 is ₹17.21 with the total AUM as of 5/9/2025 is ₹1091.24. With Scripbox you can compare and check the latest nav for all mutual funds in India. Axis Innovation Fund was launched on 2020-12-24. The category risk of the fund is Very High.
The minimum SIP amount for Axis Innovation Fund Regular Plan Growth is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.
Axis Innovation Fund Regular Growth is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to NIFTY 500 Total Return Index.
Scripbox provides a compare mutual funds research tool to view a detailed comparison with Axis Innovation Fund.