August 11, 2026
mayank
Axis Innovation Fund
| Fund at a Glance | |
| NAV Growth (Rs.) | 22.62 |
| NAV IDCW (Rs.) | 18.94 |
| NAV Bonu (Rs.) | — |
| Min. Investment (Rs.) | 100 |
| Min. SIP Investment (Rs.) | 100 |
| Min. No of Cheques | 6 |
| Benchmark | NIFTY 500 TRI |
| AUM Rs. | 1,199 Cr |
| (As on 30-Jun-2026) | |
| Expense | 1.08% |
| 1 Year Return (%) | 15.94 |
| 3 Year Return (%) | 17.63 |
| 5 Year Return (%) | 13.18 |
| 10 Year Return (%) | — |
| Return Since Launch | 15.63% |
Suitable For Which Investors?
Innovation funds are suitable for investors:
1. Seeking exposure in a diversified set of stocks with a focus on innovation theme for high returns
2. Aiming for long term wealth creation
3. With a 5+ year investment horizon
4. Who are at ease with the market’s ups and downs
Note:
• Invest only through SIP
Fund’s Investment Strategy:
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).
Fund Manager:
1) Ashish Naik
Education: Mr. Naik is a B.E from Mumbai University and MBA from XLRI, Jamshedpur.
Experience: Prior to joining Axis Mutual Fund he was associated with organizations such as Goldman Sachs and has over 7 years of experience as an Equity Analyst.
Investment Details
| Min. Investment (Rs) | 100 |
| Min. Addl Investment (Rs) | 100 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | — |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | For units in excess of 20% of the investment, 1% will be charged for redemption within 12 months |
Basic Details of Axis Innovation Fund
| Fund House | Axis Mutual Fund |
| Launch Date | 24-Dec-20 |
| Return Since Launch | 15.63% |
| Benchmark | NIFTY 500 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | 1,199 Cr |
| (As on 30-Jun-2026) | |
| Expense | 1.08% |
| (As on 31-Jul-2026) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | 78.00% |
Axis Innovation Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Axis Innovation Dir | 11.65 | 0.13 | 6.3 | 8.91 | 15.64 | 15.94 | 17.63 | 13.18 | — | — |
| BSE 500 TRI | -0.24 | -0.19 | 1.73 | 2.66 | 1.65 | 5.19 | 12.54 | 12.12 | — | — |
| Equity: Thematic-Innovation | 9.57 | -0.11 | 4.32 | 9.24 | 13.69 | 13.38 | 19.21 | 13.18 | — | — |
| Rank within category | 5 | 2 | 2 | 6 | 5 | 5 | 2 | 1 | — | — |
| Number of funds in category | 11 | 12 | 12 | 12 | 12 | 11 | 2 | 1 | 0 | 0 |
Peer Comparison of Axis Innovation Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| Axis Innovation Dir | Unrated | 15.94 | 17.63 | 13.18 | 1.08 | 1,199 | 15.63 | 1.00 (360) | 5Y 7M | 78.00 |
| ICICI Pru Innovation Dir | Unrated | 10.38 | 20.78 | — | 0.67 | 7,609 | 24.51 | 1.00 (30) | 3Y 3M | 199.00 |
| SBI Innovative Opportunities Dir | Unrated | 11.06 | — | — | 0.78 | 5,152 | 3.53 | 1.00 (30) | 1Y 11M | 22.00 |
| Kotak Pioneer Dir | Unrated | 14.71 | 21.59 | 17.16 | 0.47 | 4,023 | 22.48 | 0.50 (90) | 6Y 9M | 11.22 |
| HDFC Innovation Dir | Unrated | 20.23 | — | — | 0.69 | 2,970 | 17.29 | 1.00 (30) | 1Y | 10.58 |
Portfolio Analysis of Axis Innovation Fund
| No. of Stocks | 70 |
| Top 10 Stocks | 32.63% |
| Top 5 Stocks | 20.28% |
| Top 3 Sectors | 65.12% |
| Portfolio P/B Ratio | 6.99 |
| Portfolio P/E Ratio | 56.09 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,11,102 | 75,181 |
| Large (%) | 35.73 | 32.83 |
| Mid (%) | 29.22 | 28.75 |
| Small (%) | 35.06 | 38.42 |
Note: Mutual fund investments are subject to market risks, read all scheme-related documents carefully.
Apply Online: https://www.axismf.com/Online/Login OR
https://www.axismf.com/mutual-funds
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