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  • Axis Mutual Fund
  • Axis Innovation Fund (G)
Axis Mutual Fund

Axis Innovation Fund (G)

EquitySectoral / Thematic

18.85

NAV (Sep 12)

18.576%
Till Date CAGR
Scripbox Opinion
Not Reviewed yet
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Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical 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

Investment Objective

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
Fund Managers

Ashish Naik

Fund Manager

Krishnaa Narayan

Fund Manager

Mayank Hyanki

Fund Manager

Important Links

Scheme Information Document

Statement of Additional Information

Portfolio Disclosure

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Axis Innovation Fund (G)70%10,13,089 2,80,47713.1%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 93,3385.00%

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

Last updated on 2024-06-12

Top Stock Holdings

Info Edge (India) Ltd.

3.5%
3.5%

Zomato Ltd.

3.3%
3.32%

Torrent Power Ltd.

3.3%
3.31%

ICICI Bank Ltd.

3%
3%

Linde India Ltd.

2.8%
2.84%
See all holdings

Allocation by Sector

Services

24.46%
24.46%

Capital Goods

14.56%
14.56%

Financial

10.91%
10.91%

Chemicals

9.52%
9.52%

Technology

9.22%
9.22%
See all sectors

Comparison with Equity Funds

Fund NameFund Size
Mirae Asset ELSS Tax Saver Fund (G)
Mirae Asset ELSS Tax Saver Fund (G)

₹ 26,041 cr

₹ 23,712 cr

₹ 64,222 cr

₹ 50,154 cr

₹ 17,488 cr

amc-img

About the AMC

Axis Mutual Fund

Axis Asset Management Company Ltd. is the mutual fund investment division of Axis Bank. Axis bank holds a 74.99% share in the AMC, and Schroder Singapore Holdings Private Limited owns the remaining 24%. Axis Mutual Fund (Axis MF) launched its first scheme in 2009. amc-img
phone-img022-24255161
Fund NameScripbox 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)?

Axis Innovation Fund (G) is a Equity Equity scheme predominantly investing across Equity instruments with an investment objective to generate wealth over the long term.

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.