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Sectoral / Thematic📊 NIFTY 500 TRI

Axis Innovation Fund · Regular · Growth

Axis Mutual Fund

#89 of 213 (1Y)

NAV

₹19.0600

as of 16 Jun 2026

Expense Ratio

2.26%

AUM

₹1,128 Cr

Viewing Regular · Growth
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Lumpsum returns (CAGR)

1Y
+5.01%
3Y
+13.66%
5Y
+11.14%
Since Inception
+12.54%

SIP returns (XIRR)

1Y
+5.84%
3Y
+9.70%
5Y
+11.17%
Since Inception
+11.39%

SIP since inception — what ₹500/month became

Real NAV backtest from day one

₹33,000

Invested

₹43,356

Value today

10.0%

XIRR (p.a.)

500/month SIP from fund inception · Current value as of today

Try SIP Calculator with this fund's history

1,000 lumpsum at launch — value today

Invested on the fund's first NAV date

₹1,000

Invested

₹1,840

Value today

11.8%

CAGR (p.a.)

One-time investment at fund inception · Growth purely from NAV appreciation

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₹10L corpus with ₹5,000/month withdrawals since inception

Corpus is still growing despite monthly payouts

₹10,00,000

Initial corpus

₹3,30,000

Withdrawn

₹14,06,436

Corpus left

+₹7,36,436 net gain — withdrew ₹3,30,000 AND corpus grew

Plan your SWP with real NAV

₹6L corpus via 12-month STP from a liquid fund at inception

₹50K/month transferred from HDFC Liquid → this fund at launch

₹6,00,000

Invested

₹9,76,867

Value today

-11.5%

vs lumpsum

Direct lumpsum would have beaten STP by 11.5% — but STP reduced timing risk

Model your own STP with real NAV

₹1 lakh on the worst crash day — 03 Jun 2024

Worst single-day Nifty drop during this fund's life

₹1,00,000

Invested

₹1,10,910

Value today

1.1×

Multiple

Staying invested through that crash turned ₹1L into ₹1,10,910 — a 1.1× return

Read: Staying invested through crashes

Risk Metrics

Trailing 1 year, annualised

-0.17

Sharpe Ratio

-0.01

Alpha

0.45

Beta

-0.17

Sortino

14.64%

Std Dev

-16.63%

Max Drawdown

Performance Comparison

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Fund Details

Fund HouseAxis Mutual Fund
CategorySectoral / Thematic
BenchmarkNIFTY 500 TRI ✓
Launch Date24 Dec 2020
AMFI Code148631
Transaction facts
Min. Lumpsum₹500
Min. SIP₹100
Exit LoadIf redeemed or switched out within 12 months for 10% of investment Nil & for remaining investment 1 % & if redeemed or switched out after 12 months from date of allotment Nil

Available transactions

PurchaseSIPRedeemSWPSwitchSTPDemat

Portfolio holdings

as of 30 Apr 2026
Holding% NAV

Investment Objective

Axis Innovation Fund · Regular · Growth invests in stocks from a specific sector or theme, offering concentrated exposure to a particular area of the economy. These funds carry sector-specific risks but can deliver significant returns when the underlying sector performs well.

About This Fund

Axis Innovation Fund · Regular · Growth is a Sectoral / Thematic mutual fund offered by Axis Mutual Fund. The fund has been operational for over 5 years. It manages assets worth ₹1,128 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against NIFTY 500 TRI. The current expense ratio is 2.26%.

Who Should Invest?

  • Investors with a high risk appetite seeking long-term wealth creation
  • Investors with an investment horizon of 5 years or more
  • SIP investors who can benefit from rupee cost averaging during market fluctuations