OmniAsset
Get app

OmniAsset › Mutual funds › Axis Innovation Fund

Axis Innovation Fund

Sectoral / Thematic fund benchmarked to NIFTY 500 TRI. Every figure below is read from one dated snapshot; what the snapshot cannot prove is left out, never estimated.

Latest NAV2 Sep 202619.47
CategorySectoral / Thematic
PlanDirect · Idcw
Launched4 Dec 2020
Risk labelthe scheme's own riskometerVery High
Legal benchmarkSEBI Tier-1NIFTY 500 TRI
Expense ratiodirect plan, a year1.35%
AUM₹1.30 Cr
Growth of ₹10,000₹15,0002 Sep 2021 to 2 Sep 2026
₹15,778₹13,919₹12,061₹10,202₹8,344Sep 2021Nov 2022Mar 2024Jun 2025Sep 2026
₹15,000 (+8.4% a year) Axis Innovation Fund

Performance (trailing, annualised)

1Y annualised8.05%
3Y annualised11.37%
5Y annualised8.45%

Point-to-point from the fund's own published NAV; a period the history does not span is left out.

SIP returns

SIP 1Y (₹10,000 a month)invested ₹1,20,000 → worth ₹1,32,18619.28%
SIP 3Y (₹10,000 a month)invested ₹3,60,000 → worth ₹4,09,1048.48%
SIP 5Y (₹10,000 a month)invested ₹6,00,000 → worth ₹7,80,11110.44%

₹10,000 on the first of every month, valued at the latest NAV, as an annualised rate (XIRR).

Calendar years

Calendar 202135.52%
Calendar 2022-11.97%
Calendar 202325.60%
Calendar 202429.08%
Calendar 2025-5.20%

Rolling returns

Rolling 1Y · average242 windows since 28 Dec 202110.52%
Rolling 1Y · median7.04%
Rolling 1Y · worst window-14.70%
Rolling 1Y · best window47.21%
Rolling 1Y · windows positive60%
Rolling 3Y · average139 windows since 28 Dec 202313.33%
Rolling 3Y · median13.88%
Rolling 3Y · worst window5.07%
Rolling 3Y · best window17.78%
Rolling 3Y · windows positive100%
Rolling 5Y · average35 windows since 2 Jan 20269.63%
Rolling 5Y · median9.30%
Rolling 5Y · worst window7.43%
Rolling 5Y · best window13.00%
Rolling 5Y · windows positive100%

Every window of that length in the published history, so one lucky start date cannot flatter the fund.

Risk

Volatility (3Y)14.84%
Downside deviation (3Y)11.48%
Maximum drawdown-27.34%

Management

Fund managerMr. Ashish Naik, Ms. Krishnaa N
Managing since2 Sep 2026

Related

Source: the OmniAsset signed reference snapshot, as of 4 Sep 2026. Figures are deterministic; missing data is withheld, never estimated. See methodology and data sources. Not investment advice.

Research this fund and compare it — on your device.

Get OmniAsset on Google Play The mutual fund tracker