- Mutual Funds
- Axis Mutual Fund
- Axis Innovation Fund (G)
Axis Innovation Fund (G)
₹ 18.85
NAV (Sep 12)
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 18.85
NAV (Sep 12)
Fund Returns
Last 1Y | 39% |
Last 3Y | 13.1% |
Last 5Y | NA |
Last 10Y | NA |
Since Inception | 18.6% |
6 Month CAGR | 24.8% |
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 | 2.23 |
Launched (0y ago) | 2.23 |
AUM in Crores | 1278.8 |
ISIN | INF846K01Y05 |
Lock-in | |
Benchmark | NIFTY 500 Total Return Index |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | |
Standard Deviation | 13.9 |
Beta | 0.9 |
Sharpe Ratio | 0.7 |
YTM |
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Axis Innovation Fund (G) | 10,13,089 | 2,80,477 | 13.1% | |
| 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.
3.3%Torrent Power Ltd.
3.3%ICICI Bank Ltd.
3%Linde India Ltd.
2.8%Allocation by Sector
Services
24.46%Capital Goods
14.56%Financial
10.91%Chemicals
9.52%Technology
9.22%Comparison with Equity Funds
| Fund Name | Fund Size | |
|---|---|---|
₹ 26,041 cr | ||
₹ 23,712 cr | ||
₹ 64,222 cr | ||
₹ 50,154 cr | ||
₹ 17,488 cr |
About the AMC
Axis Mutual Fund
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
6.038% | 7.007% | ||
- | 5.633% | ||
5.672% | 4.888% | ||
6.172% | 8.012% | ||
5.958% | 7.069% |
Axis Innovation Fund (G) Review
Axis Innovation Fund (G) is a Equity Equity fund and has delivered an annualised return of 18.576% over a period of 3 years. The fund is managed by Axis Mutual Fund. The fund manager’s name is [object Object],[object Object],[object Object].
Nav of Axis Innovation Fund (G) as of 9/12/2024 is ₹18.85 with the total AUM as of 9/14/2024 is ₹1278.781601. With Scripbox you can compare and check the latest nav for all mutual funds in India. Axis Innovation Fund (G) was launched on 2020-12-24. The category risk of the fund is null.
The minimum SIP amount for Axis Innovation Fund (G) 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 (G) 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.
Axis Innovation Fund (G) is rated as a null fund in Equity and delivered 39.012% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Axis Innovation Fund (G).
Frequently Asked Questions
What is Axis Innovation Fund (G)?
How to invest in Axis Innovation Fund (G)?
You can invest in Axis Innovation Fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of Axis Innovation Fund (G)?
The minimum sip amount for Axis Innovation Fund (G) is ₹1000. You can invest in multiples of ₹5000.
Is Axis Innovation Fund (G) good to invest in?
As per Scripbox experts, Axis Innovation Fund (G) is a fund. You can investAxis Innovation Fund (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the Axis Innovation Fund (G)?
The expense ratio of the Axis Innovation Fund (G) is 2.23% for regular plan.