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Sectoral / Thematic📊 NIFTY 500 TRI

Axis Innovation Fund · Regular · Growth

Axis Mutual Fund

#61 of 214 (1Y)

NAV

₹20.2100

as of 13 Jul 2026

Expense Ratio

2.26%

AUM

₹1,128 Cr

Viewing Regular · Growth
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Lumpsum returns (CAGR)

1Y
+9.01%
3Y
+15.17%
5Y
+11.48%
Since Inception
+13.52%

SIP returns (XIRR)

1Y
+16.34%
3Y
+12.75%
5Y
+13.11%
Since Inception
+13.13%

What history actually did — last 5 years (Jul 2021 – Jul 2026)

A ₹5,000 monthly SIP for the last 5 years (Jul 2021 – Jul 2026)

Real NAV backtest

A ₹5,000 monthly SIP would be worth ₹4,12,452 today ₹3,00,000 invested, 13.0% XIRR.

₹3,00,000

Invested

₹4,12,452

Value today

13.0%

XIRR (p.a.)

Try the SIP calculator with this fund

A ₹1,00,000 lumpsum, the last 5 years (Jul 2021 – Jul 2026)

Real NAV backtest

₹1,00,000 invested 5 years ago would be ₹1,71,416 today (11.4% CAGR).

A regular withdrawal plan (SWP)

Real NAV backtest

A ₹10,00,000 corpus withdrawing ₹5,000/month since Jul 2021 would still hold ₹13,01,712.

Fund vs Benchmark (TRI)

Same SIP, benchmark total-return index

The same SIP would be worth ₹4,12,452 in this fund vs ₹3,91,320 in the benchmark — outperformance of ₹21,132.

Buying the worst day

Real NAV backtest

₹1,00,000 invested on the worst market day of the last 5 years (Jul 2021 – Jul 2026) (3 Jun 2024) would be ₹1,21,820 today (1.22×).

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, annualised

0.35

Sharpe Ratio

+0.10

Alpha

0.24

Beta

0.35

Sortino

14.21%

Std Dev

-14.23%

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
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