Axis Innovation Fund · Regular · Growth
NAV
₹20.3500
as of 31 Jul 2026
Expense Ratio
2.26%
AUM
₹1,153 Cr
Lumpsum returns (CAGR)
- 1Y
- +9.41%
- 3Y
- +15.12%
- 5Y
- +11.35%
- Since Inception
- +13.53%
SIP returns (XIRR)
- 1Y
- +16.23%
- 3Y
- +12.82%
- 5Y
- +13.15%
- Since Inception
- +13.16%
What history actually did — last 5 years (Aug 2021 – Jul 2026)
A ₹5,000 monthly SIP for the last 5 years (Aug 2021 – Jul 2026)
Real NAV backtest
A ₹5,000 monthly SIP would be worth ₹4,06,879 today — ₹2,95,000 invested, 13.2% XIRR.
₹2,95,000
Invested
₹4,06,879
Value today
13.2%
XIRR (p.a.)
A ₹1,00,000 lumpsum, the last 5 years (Aug 2021 – Jul 2026)
Real NAV backtest
₹1,00,000 invested 5 years ago would be ₹1,70,578 today (11.3% CAGR).
A regular withdrawal plan (SWP)
Real NAV backtest
A ₹10,00,000 corpus withdrawing ₹5,000/month since Aug 2021 would still hold ₹12,98,904.
Fund vs Benchmark (TRI)
Same SIP, benchmark total-return index
The same SIP would be worth ₹4,06,879 in this fund vs ₹3,87,327 in the benchmark — outperformance of ₹19,552.
Buying the worst day
Real NAV backtest
₹1,00,000 invested on the worst market day of the last 5 years (Aug 2021 – Jul 2026) (3 Jun 2024) would be ₹1,22,664 today (1.23×).
Historical simulation using actual published NAVs for the stated period. Past performance may or may not be sustained in the future. Not investment advice.
Risk Metrics
Trailing 1 year, annualised0.47
Sharpe Ratio
+0.09
Alpha
0.25
Beta
0.47
Sortino
13.91%
Std Dev
-14.23%
Max Drawdown
Performance Comparison
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Fund Details
Available transactions
Portfolio holdings
- 1Eternal Limited6.22%
- 2Billionbrains Garage Ventures Ltd4.44%
- 3One 97 Communications Limited3.47%
- 4Fsn E-Commerce Ventures Limited2.68%
- 5Aether Industries Limited2.66%
- 6Lenskart Solutions Limited2.64%
- 7Pb Fintech Limited2.54%
- 8Ather Energy Limited2.38%
- 9Ge Vernova T&D India Limited2.36%
- 10Info Edge (India) Limited2.23%
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 ₹1,153 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