Axis Innovation Fund - Regular Plan - Growth Option
₹18.9600
₹0.17 (-0.89%)
NAV as of 29 May 2026
Today's NAV — all variants
Regular · Growth
₹₹18.9600
₹0.17 (-0.89%)
29 May 2026
AMFI: 148631
Direct · Growth
₹₹20.2900
₹0.19 (-0.93%)
29 May 2026
AMFI: 148634
Regular · IDCW
₹₹15.8700
₹0.14 (-0.87%)
29 May 2026
AMFI: 148633
Direct · IDCW
₹₹17.0000
₹0.15 (-0.87%)
29 May 2026
AMFI: 148632
Returns (Lumpsum)
CAGR for periods ≥ 1 yearSIP Returns (XIRR)
₹1,000/month SIP, annualisedSIP since inception — what ₹500/month became
Real NAV backtest from day one
₹32,500
Invested
₹44,171
Value today
11.3%
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
₹1,896
Value today
12.5%
CAGR (p.a.)
One-time investment at fund inception · Growth purely from NAV appreciation
Try Lumpsum Calculator₹10L corpus with ₹5,000/month withdrawals since inception
Corpus is still growing despite monthly payouts
₹10,00,000
Initial corpus
₹3,25,000
Withdrawn
₹14,54,286
Corpus left
+₹7,79,286 net gain — withdrew ₹3,25,000 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
₹10,06,207
Value today
-11.6%
vs lumpsum
Direct lumpsum would have beaten STP by 11.6% — but STP reduced timing risk
Model your own STP with real NAVBeat the benchmark — ₹500/month SIP
Same SIP in this fund vs the benchmark index
This fund
₹44,171
Benchmark
₹43,852
+₹319 extra wealth vs the benchmark index
Backtest this SIP yourself₹1 lakh on the worst crash day — 03 Jun 2024
Worst single-day Nifty drop during this fund's life
₹1,00,000
Invested
₹1,14,286
Value today
1.1×
Multiple
Staying invested through that crash turned ₹1L into ₹1,14,286 — a 1.1× return
Read: Staying invested through crashesDirect vs Regular — ₹500/month over 5 years
Expense ratio drag on your actual returns
Direct plan
₹41,761
Regular plan
₹40,489
Direct earns ₹1,272 more on a ₹30K investment — 0.85% extra return per year
Same fund, same NAV history — only the expense ratio differs. Direct plans always outperform Regular over time.
Learn about Direct vs Regular plansFund Details
Risk Metrics
Trailing 1 year, annualised-0.36
Sharpe Ratio
-0.02
Alpha
0.42
Beta
-0.35
Sortino
14.44%
Std Dev
-18.93%
Max Drawdown
Portfolio Holdings
Top 50 holdings · as of Apr 2026
| Security | % NAV |
|---|---|
Eternal Limited INE758T01015 | 6.22% |
Eternal Limited INE758T01015 | 5.31% |
Billionbrains Garage Ventures Ltd INE0HOQ01053 | 4.44% |
Billionbrains Garage Ventures Ltd INE0HOQ01053 | 4.22% |
One 97 Communications Limited INE982J01020 | 3.47% |
One 97 Communications Limited INE982J01020 | 3.44% |
Lenskart Solutions Limited INE956O01016 | 2.89% |
Aether Industries Limited INE0BWX01014 | 2.81% |
FSN E-Commerce Ventures Limited INE388Y01029 | 2.69% |
FSN E-Commerce Ventures Limited INE388Y01029 | 2.68% |
Aether Industries Limited INE0BWX01014 | 2.66% |
Lenskart Solutions Limited INE956O01016 | 2.64% |
PB Fintech Limited INE417T01026 | 2.54% |
Info Edge (India) Limited INE663F01032 | 2.51% |
PB Fintech Limited INE417T01026 | 2.47% |
Affle 3i Limited INE00WC01027 | 2.44% |
Black Buck Ltd INE0UIZ01018 | 2.40% |
Ather Energy Limited INE0LEZ01016 | 2.39% |
Ather Energy Limited INE0LEZ01016 | 2.38% |
GE Vernova T&D India Limited INE200A01026 | 2.36% |
Info Edge (India) Limited INE663F01032 | 2.23% |
Jain Resource Recycling Limited INE0YD401026 | 2.23% |
GE Vernova T&D India Limited INE200A01026 | 2.18% |
Meesho Ltd INE0VDM01015 | 2.12% |
Affle 3i Limited INE00WC01027 | 2.11% |
Delhivery Limited INE148O01028 | 2.03% |
Delhivery Limited INE148O01028 | 2.01% |
Black Buck Ltd INE0UIZ01018 | 2.01% |
Jain Resource Recycling Limited INE0YD401026 | 1.98% |
Sona BLW Precision Forgings Limited INE073K01018 | 1.96% |
Bajaj Finserv Limited INE918I01026 | 1.95% |
PTC Industries Limited INE596F01018 | 1.95% |
Pidilite Industries Limited INE318A01026 | 1.92% |
Linde India Limited INE473A01011 | 1.92% |
Bharti Airtel Limited INE397D01024 | 1.88% |
Divi's Laboratories Limited INE361B01024 | 1.84% |
Bajaj Finserv Limited INE918I01026 | 1.84% |
PTC Industries Limited INE596F01018 | 1.84% |
Pidilite Industries Limited INE318A01026 | 1.82% |
Linde India Limited INE473A01011 | 1.81% |
Bharat Electronics Limited INE263A01024 | 1.78% |
Divi's Laboratories Limited INE361B01024 | 1.77% |
Sona BLW Precision Forgings Limited INE073K01018 | 1.76% |
Bharti Airtel Limited INE397D01024 | 1.76% |
Siemens Limited INE003A01024 | 1.73% |
Bharat Electronics Limited INE263A01024 | 1.70% |
Sai Life Sciences Limited INE570L01029 | 1.69% |
Mahindra & Mahindra Limited INE101A01026 | 1.65% |
Sai Life Sciences Limited INE570L01029 | 1.64% |
Capillary Technologies India Limited INE0ILV01024 | 1.63% |
Performance Comparison
Interested in This Fund?
Our experts will help you decide if this fund fits your goals.
Investment Objective
Axis Innovation Fund - Regular Plan - Growth Option 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 Plan - Growth Option 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