e.g. Tata motors, Reliance MF, 500570

Axis Innovation Fund - Growth

Equity Others Very High

NAV on (14 Jan 2026 )

₹18.72

(-0.11%)

Fund Size

₹1196.33 Crores

1Y Returns

6.85 %

 

Earn 1% Higher Returns on Direct Funds

Invest  Top Funds

 

Investment Objective

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.

AMC

Axis Asset Management Company Ltd.

Fund Details

Launch Date

December 4, 2020

Fund Manager

Mr. Ashish Naik

Initial Price

10

AUM Fund

1196.33 Cr

Min investment

Rs 100

Expense Ratio

2.24%

SIP Minimum Investment

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.

Exit Load

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

-1.32%

6 Months

+0.70%

1 Year

+6.85%

2 Years

+13.27%

3 Years

+17.60%

5 Years

+12.87%

Equity / Mid Cap funds 1Y 3Y Fund Size (Cr)
205.58% 286.27% ₹2171.91
205.05% 0.00% ₹2883.27
203.27% 0.00% ₹2763.06
203.27% 0.00% ₹2763.06
202.60% 286.49% ₹14827.84

Holdings

Meesho Ltd 1.18%
Broadcom Inc 1.16%
Visa Inc 0.51%
Netflix Inc 0.37%
TJX ORD 0.26%
Ebay Inc 0.26%
Relx Plc 0.19%
Sea Ltd 0.09%

Sector Allocation

Service 19.24%
Information Technology 9.78%
Finance 6.06%
Pharmaceuticals and health care 7.07%
Miscellaneous 8.16%
Engineering 9.97%
Chemicals 7.53%
Power 3.78%
Telecommunications 1.93%
Auto 1.80%
Electronics 1.55%
Consumer Durables 1.20%
Electric Equipment 0.96%
Textiles 0.92%
Address
One Lodha Place, 22 & 23 Floor, Senapati Bapat Marg, Lower Parel, Mumbai Maharashtra India 400013
Phone
+91 22 66496100
Fax
+91 22 43255199
Launch Date
December 4, 2020
Custodian
Deutsche Bank A. G.
Registrar & Transfer Agent
KFin Technologies Limited
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