Axis Innovation Fund · Regular · Growth
NAV
₹22.2300
as of 13 Nov 2026
Expense Ratio
2.28%
AUM
₹1,307 Cr
Lumpsum returns (CAGR)
- 1Y
- +16.94%
- 3Y
- +18.23%
- 5Y
- +9.80%
- Since Inception
- +14.54%
SIP returns (XIRR)
- 1Y
- +29.24%
- 3Y
- +15.75%
- 5Y
- +15.61%
- Since Inception
- +14.91%
What history actually did — last 5 years (Nov 2021 – Nov 2026)
A ₹5,000 monthly SIP for the last 5 years (Nov 2021 – Nov 2026)
Real NAV backtest
A ₹5,000 monthly SIP would be worth ₹4,40,294 today — ₹3,00,000 invested, 15.7% XIRR.
₹3,00,000
Invested
₹4,40,294
Value today
15.7%
XIRR (p.a.)
A ₹1,00,000 lumpsum, the last 5 years (Nov 2021 – Nov 2026)
Real NAV backtest
₹1,00,000 invested 5 years ago would be ₹1,59,584 today (9.8% CAGR).
A regular withdrawal plan (SWP)
Real NAV backtest
A ₹10,00,000 corpus withdrawing ₹5,000/month since Nov 2021 would still hold ₹11,55,542.
Fund vs Benchmark (TRI)
Same SIP, benchmark total-return index
The same SIP would be worth ₹4,40,294 in this fund vs ₹3,87,935 in the benchmark — outperformance of ₹52,359.
Buying the worst day
Real NAV backtest
₹1,00,000 invested on the worst market day of the last 5 years (Nov 2021 – Nov 2026) (4 Jun 2024) would be ₹1,39,373 today (1.39×).
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, annualised0.65
Sharpe Ratio
+0.11
Alpha
0.84
Beta
0.64
Sortino
13.58%
Std Dev
-14.23%
Max Drawdown
Performance Comparison
Sectoral allocation
as of 30 Sept 2026- Retailing17.63%
- Chemicals & Petrochemicals8.26%
- Financial Technology (Fintech)6.36%
- Pharmaceuticals & Biotechnology5.09%
- Auto Components4.81%
- Electrical Equipment4.39%
- Semiconductors3.75%
- Transport Services3.52%
- IT - Services3.30%
- Industrial Manufacturing3.28%
- Automobiles3.18%
- Industrial Products2.75%
Each sector links to the mutual funds most exposed to it.
Related reading
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Fund Details
Available transactions
Portfolio holdings
- 1Eternal Limited4.97%
- 2One 97 Communications Limited3.63%
- 3Ather Energy Limited3.18%
- 4Lenskart Solutions Limited3.07%
- 5Fsn E-Commerce Ventures Limited2.83%
- 6Aether Industries Limited2.72%
- 7Meesho Ltd2.40%
- 8Billionbrains Garage Ventures Ltd2.32%
- 9Sona Blw Precision Forgings Limited2.29%
- 10Ptc Industries Limited2.23%
What this fund does
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 ₹1,307 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against NIFTY 500 TRI. The current expense ratio is 2.28%.