Axis Innovation Fund - Regular Plan - IDCW
Fund House: Axis Mutual Fund
Category: Equity: Thematic-Others
Status: Open Ended Schemes
Launch Date: 24-12-2020
Minimum Investment: 100.0
Asset Class: Equity
Minimum Topup: 100.0
Benchmark: NIFTY 500 TRI
Total Assets: 1091.4 As on (31-03-2025)
Expense Ratio: 2.27% As on (31-03-2025)
Turn over: 81.00% | Exit Load: If redeemed / switched-out within 12 months - For 10% of investment: Nil on FIFO basis For remaining investment: 1% w.e.f.,24/12/2020 "Please note - The name of Axis Special Situations Fund has been changed to Axis InnovationFund, effective from May 13, 2024."
NAV as on 24-04-2025
15.73
0.06
CAGR Since Inception
13.23%
NIFTY 500 TRI 12.45%
PERFORMANCE
| Scheme Performance (%) | 1-Year Ret (%) | 3-Yrs Ret (%) | 5-Yrs Ret (%) | 10-Yrs Ret (%) | Since Launch Ret (%) |
|---|---|---|---|---|---|
| Axis Innovation Fund - Regular Plan - IDCW | 7.24 | 11.47 | - | - | 13.23 |
| NIFTY 500 TRI | 8.03 | 15.29 | 25.48 | 13.76 | 12.45 |
| Equity: Thematic-Others | 4.61 | 16.68 | 27.39 | 13.25 | 8.35 |
Funds Manager
Ashish Naik, Mayank Hyanki, Krishnaa N
RETURNS CALCULATORS for Axis Innovation Fund - Regular Plan - IDCW
Growth of 10000 In SIP (Fund vs Benchmark)
Amount
Period
Start
End
Growth of 10000 In LUMPSUM (Fund vs Benchmark)
Amount
Start
PORTFOLIO ANALYSIS of Axis Innovation Fund - Regular Plan - IDCW
Portfolio Holdings
Sector Allocation
PEER COMPARISION of Axis Innovation Fund - Regular Plan - IDCW
| Scheme Name | Inception Date | 1 Year Rtn (%) | 2 Year Rtn (%) | 3 Year Rtn (%) | 5 Year Rtn (%) | 10 Year Rtn (%) |
|---|---|---|---|---|---|---|
| Axis Innovation Fund Reg IDCW | 24-12-2020 | 7.24 | 21.01 | 11.47 | 0.0 | 0.0 |
| Sundaram Services Reg Gr | 21-09-2018 | 16.56 | 25.72 | 17.49 | 28.51 | 0.0 |
| ICICI Pru Exports & Services Gr | 01-11-2005 | 13.86 | 28.11 | 19.85 | 28.12 | 13.96 |
| ICICI Prudential Innovation Fund Gr | 05-04-2023 | 13.54 | 0.0 | 0.0 | 0.0 | 0.0 |
| ICICI Pru India Opportunities Cum | 05-01-2019 | 12.45 | 30.75 | 23.17 | 34.56 | 0.0 |
| Kotak Business Cycle Fund Reg Gr | 05-09-2022 | 11.07 | 22.99 | 0.0 | 0.0 | 0.0 |
| Kotak Pioneer Fund Reg Gr | 31-10-2019 | 10.98 | 27.02 | 17.48 | 27.98 | 0.0 |
| Franklin India Opportunities Gr | 05-02-2000 | 9.89 | 38.97 | 29.28 | 32.61 | 15.46 |
| ICICI Pru Business Cycle Fund Gr | 05-01-2021 | 9.88 | 29.04 | 20.78 | 0.0 | 0.0 |
| Union Innovation & Opportunities Fund Reg Gr | 06-09-2023 | 9.71 | 0.0 | 0.0 | 0.0 | 0.0 |
Asset Allocation (%)
Key Performance and Risk Statistics of Axis Innovation Fund - Regular Plan - IDCW
| Key Statistics | Volatility | Sharpe Ratio | Alpha | Beta | Yield to Maturity | Average Maturity |
|---|---|---|---|---|---|---|
| Axis Innovation Fund - Regular Plan - IDCW | 13.48 | 0.66 | -1.94 | 0.89 | - | - |
| Equity: Thematic-Others | - | - | - | - | - | - |