Axis Innovation Fund - Regular Plan - Growth Option
Category: Equity: Thematic-Innovation
Launch Date: 05-12-2020
AUM:
₹ 118.91 Cr
Expense Ratio
2.25%
Benchmark
NIFTY 500 TRI
ISIN
INF846K01Y05
Minimum Investment
100.0
Minimum Topup
100.0
Minimum SIP Amount
100
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
Asset Class
Equity
Status
Open Ended Schemes
Fund Manager
Mr. Ashish Naik, Ms. Krishnaa N
NAV as on 04-09-2025
18.76
-0.02 (-0.1066%)
Overview
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
Asset Allocation
Equity
81.72%
Debt
0.42%
Others
17.86%
Indicators
| Volatility | 13.48 |
| Sharp Ratio | 0.8 |
| Alpha | 0.66 |
| Beta | 0.78 |
| Yield to Maturity | - |
| Average Maturity | - |
-
-
If you invested in this fund:
In the past (time duration):
Total value today:
0
Returns:
0%
-
If you invested in this fund:
In the past (time duration):
Total value today:
0
Returns:
0%
-
| Fund Performance | 1Y (%) | 3Y (%) | 5Y (%) | Since Launch (%) |
|---|---|---|---|---|
| Axis Innovation Fund - Regular Plan - Growth Option | 1.74 | 15.1 | - | 14.31 |
| NIFTY 500 TRI | -2.93 | 15.54 | 20.71 | 12.42 |
Riskometer
Sector Allocation
| Sector | Holdings (%) |
|---|---|
| Financial Services | 15.18 |
| Capital Goods | 11.82 |
| Consumer Services | 11.67 |
| Chemicals | 8.85 |
| Automobile and Auto Components | 8.81 |
| Healthcare | 7.31 |
| Information Technology | 4.55 |
| Power | 3.19 |
| Oil, Gas & Consumable Fuels | 3.01 |
| Services | 1.95 |
Top 10 Holdings
| Company | Holdings (%) |
|---|---|
| ICICI BANK LIMITED EQ NEW FV RS. 2/- | 3.94 |
| HDFC BANK LIMITED EQ NEW FV RE. 1/- | 3.89 |
| ZOMATO LIMITED EQ | 3.39 |
| RELIANCE INDUSTRIES LIMITED EQ | 3.01 |
| LINDE INDIA LIMITED EQ | 2.23 |
| PIDILITE INDUSTRIES LIMITED EQ NEW FV RE.1/- | 2.23 |
| India Shelter Finance Corporation Limited | 2.0 |
| EQ - INFO-EDGE (INDIA) LTD. | 1.93 |
| MAHINDRA AND MAHINDRA LIMITED EQ NEW F.V. RS.5 | 1.9 |
| TORRENT POWER LIMITED EQ NEW FV RS.10/- | 1.85 |
Peer Comparison
| Scheme Name | Inception Date | 1Yr Rtn (%) | 3Yrs Rtn (%) | 5Yrs Rtn (%) | 10Yrs Rtn(%) |
|---|---|---|---|---|---|
| Axis Innovation Fund Reg Gr | 05-12-2020 | 1.74 | 15.1 | 0.0 | 0.0 |
| Kotak Pioneer Fund Reg Gr | 31-10-2019 | 6.24 | 22.04 | 23.42 | 0.0 |
| Bandhan Innovation Fund Reg Gr | 30-04-2024 | 4.6 | 0.0 | 0.0 | 0.0 |
| Union Innovation & Opportunities Fund Reg Gr | 06-09-2023 | 2.85 | 0.0 | 0.0 | 0.0 |
| ICICI Prudential Innovation Fund Gr | 05-04-2023 | 1.59 | 0.0 | 0.0 | 0.0 |
| Baroda BNP Paribas Innovation Reg Gr | 05-03-2024 | -1.69 | 0.0 | 0.0 | 0.0 |
| Nippon India Innovation Fund Reg Gr | 29-08-2023 | -1.78 | 0.0 | 0.0 | 0.0 |
| SBI Innovative Opportunities Fund Reg Gr | 05-08-2024 | -3.35 | 0.0 | 0.0 | 0.0 |
| UTI Innovation Fund Reg Gr | 13-10-2023 | -8.82 | 0.0 | 0.0 | 0.0 |