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Apr 17, 2026


Category Equity
AUM (Cr.) 1,039.28
Exit Load (%) 0.00
Min Inv Lumpsum 100
Expense Ratio 2.26
Sharpe Ratio 0.97
Beta Ratio 0.00
Fund Manager Ashish Naik
Inception Date Dec 24, 2020
Risk Level Very High

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.

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Nifty 500 TRI Activating the following links will update the content below.

Return Calculator

Returns Type 1 Month (%) 6 Months (%) 1 Year (%) 3 Years (%) 5 Years (%) Since Inception (%)
Scheme - AXIS Innovation Fund (IDCW) 8.91 -1.91 12.2 17.09 12.31 12.59
Benchmark - Nifty 500 TRI 5.56 -2.83 6.49 16.45 14.35 0
Category Average - BEST EQUITY PERFORMERS 6.5 -1.72 9.26 18.68 15.6 9.52
Category Rank 4/10 4/10 2/10 4/10 8/10 10/10
Fund Name Nav () Chg (%) 1Y Return(%) 3Y Return(%) 5Y Return(%) AUM ( in Crs) Exp. Ratio (%) Min.Invst() Action
ICICI Pru FMCG Fund - (IDCW) 77.9400 2.47 -11.42 2.08 8.83 1,531.84 2.18 5,000.00 invest
ICICI Pru FMCG Fund - (G) 421.6700 2.47 -11.42 2.07 8.83 1,531.84 2.18 5,000.00 invest
ICICI Pru MNC Fund (G) 29.0100 1.93 11.84 15.62 13.78 1,545.33 2.15 5,000.00 invest
ICICI Pru Energy Opportunities Fund - Reg (G) 11.2700 1.90 18.63 0.00 0.00 8,795.59 1.75 5,000.00 invest
Nippon India Japan Equity Fund (IDCW) 25.1369 -1.58 34.50 17.97 7.99 290.83 2.45 5,000.00 invest
Returns Type 1 Month (%) 6 Months (%) 1 Year (%) 3 Years (%) 5 Years (%) Since Inception (%)
Scheme - AXIS Innovation Fund (IDCW) 8.91 -1.91 12.2 17.09 12.31 12.59
Benchmark - Nifty 500 TRI 5.56 -2.83 6.49 16.45 14.35 0
Category Average - BEST EQUITY PERFORMERS 6.5 -1.72 9.26 18.68 15.6 9.52
Category Rank 4/10 4/10 2/10 4/10 8/10 10/10
Fund Name Nav () Chg (%) 1Y Return(%) 3Y Return(%) 5Y Return(%) AUM ( in Crs) Exp. Ratio (%) Min.Invst() Action
ICICI Pru FMCG Fund - (IDCW) 77.9400 2.47 -11.42 2.08 8.83 1,531.84 2.18 5,000.00 invest
ICICI Pru FMCG Fund - (G) 421.6700 2.47 -11.42 2.07 8.83 1,531.84 2.18 5,000.00 invest
ICICI Pru MNC Fund (G) 29.0100 1.93 11.84 15.62 13.78 1,545.33 2.15 5,000.00 invest
ICICI Pru Energy Opportunities Fund - Reg (G) 11.2700 1.90 18.63 0.00 0.00 8,795.59 1.75 5,000.00 invest
Nippon India Japan Equity Fund (IDCW) 25.1369 -1.58 34.50 17.97 7.99 290.83 2.45 5,000.00 invest

Asset Allocation

Asset Legend Asset Val (Cr.) Allocation (%)

Top sectors

AUM in Cr.

top holdings

Company Name As on Date Invested Amt (Cr) % Portfolio Weight Change (%)
(Invested Amt.)
4 Months Trends
Equity-Eternal Mar 31, 2026 55.22 5.31 -16.31
Equity-Billionbrains Mar 31, 2026 43.83 4.22 -15.21
Equity-One 97 Mar 31, 2026 35.77 3.44 -16.37
Equity-Lenskart Solut. Mar 31, 2026 30.08 2.89 9.17
Equity-Aether Industri. Mar 31, 2026 29.18 2.81 7.02
Equity-FSN E-Commerce Mar 31, 2026 27.94 2.69 -1.05
Equity-Info Edg.(India) Mar 31, 2026 26.08 2.51 -38.23
Equity-PB Fintech. Mar 31, 2026 25.64 2.47 -29.22
Equity-Affle 3i Mar 31, 2026 25.36 2.44 -6.34
Equity-Blackbuck Mar 31, 2026 24.93 2.40 14.49

latest news

SCHEME DETAILS

AMC Name
Axis Mutual Fund
Fund Name
AXIS Innovation Fund (IDCW)
Contact Person
Ashish Naik
Registered Address
One Lodha Place. 22nd & 23rd Floor,Senapati Bapat Marg, Lower Parel, Maharashtra, Mumbai - 400013.
Telephone No
022-43255161
Fax No.
022-43255199
Email
customerserivce:axismf.com
Website
www.axismf.com