NAV on (08 May 2026 )
₹19.44 ▲
(+0.15%)
Fund Size
₹1039.28 Crores
1Y Returns
13.75 %
To generate long term capital appreciation by investing in equity & equity related securities of companies that are benefiting from innovative change (innovators, enablers, adaptors). However, there is no assurance that the investment objective of the Scheme will be achieved.
Axis Asset Management Company Ltd.
Launch Date
December 4, 2020
Fund Manager
Mr. Ashish Naik
Initial Price
10
AUM Fund
1039.28 Cr
Min investment
Rs 100
Expense Ratio
2.28%
Daily - Rs. 100/- and in multiples of Re 1/- thereafter. Minimum number of installments 6.Weekly - Rs. 100/- and in multiples of Re 1/- thereafter. Minimum number of installments 6.Monthly - Rs. 100/- and in multiples of Re 1/- thereafter. Minimum number of installments 6. Yearly - Rs. 12,000/- and in multiple of Re.1/- thereafter. Minimum number of installments 3.
If redeemed / switched-out within 12 months from the date of allotment:a) For 20% of investments: Nil.b) For remaining investments: 1%. If redeemed / switched - out after12 months from the date of allotment: Nil
1 Month
+9.03%
6 Months
+2.97%
1 Year
+13.75%
2 Years (CAGR)
+10.37%
3 Years (CAGR)
+17.02%
5 Years (CAGR)
+13.00%
| Equity / Mid Cap funds | 1Y | 3Y | Fund Size (Cr) |
|---|---|---|---|
| 163.18% | 0.00% | ₹5197.1 | |
| 162.63% | 231.99% | ₹14511.43 | |
| 162.40% | 230.95% | ₹1631.16 | |
| 162.25% | 224.08% | ₹2967.76 | |
| 161.98% | 231.03% | ₹3319.12 |
Q: What is the current NAV of Axis Innovation Fund - Growth?
A: The latest NAV of Axis Innovation Fund - Growth is ₹ 19.44 as on 08 May 2026.
Q: What type of mutual fund is Axis Innovation Fund - Growth?
A: Axis Innovation Fund - Growth is a 'Equity - Others' type mutual fund managed by 'Axis Asset Management Company Ltd.'.
Q: What is the expense ratio of Axis Innovation Fund - Growth?
A: The expense ratio of Axis Innovation Fund - Growth is 2.28%, which impacts overall returns.
Q: Who manages Axis Innovation Fund - Growth?
A: Axis Innovation Fund - Growth is managed by Mr. Ashish Naik, who oversees investment strategy and portfolio decisions.
Q: Is Axis Innovation Fund - Growth a good investment?
A: Axis Innovation Fund - Growth may be suitable depending on your financial goals, risk appetite, and investment horizon. Always evaluate fund performance and consult a financial advisor.
Q: What is the exit load of Axis Innovation Fund - Growth?
A: The exit load of Axis Innovation Fund - Growth is If redeemed / switched-out within 12 months from the date of allotment:a) For 20% of investments: Nil.b) For remaining investments: 1%. If redeemed / switched - out after12 months from the date of allotment: Nil, applicable if redeemed within the specified period.
Q: How is Axis Innovation Fund - Growth taxed?
A: Taxation depends on the fund type (equity/debt) and holding period as per Indian tax laws.
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