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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 202618.14
CategorySectoral / Thematic
PlanRegular · Idcw
Launched4 Dec 2020
Risk labelthe scheme's own riskometerVery High
Legal benchmarkSEBI Tier-1NIFTY 500 TRI
Expense ratiodirect plan, a year2.29%
AUM₹6.46 Cr
Growth of ₹10,000₹14,1282 Sep 2021 to 2 Sep 2026
₹15,148₹13,421₹11,694₹9,967₹8,240Sep 2021Nov 2022Mar 2024Jun 2025Sep 2026
₹14,128 (+7.2% a year) Axis Innovation Fund

Performance (trailing, annualised)

1Y annualised7.03%
3Y annualised10.25%
5Y annualised7.16%

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 ₹1,31,52318.20%
SIP 3Y (₹10,000 a month)invested ₹3,60,000 → worth ₹4,02,8957.45%
SIP 5Y (₹10,000 a month)invested ₹6,00,000 → worth ₹7,57,5009.26%

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

Calendar years

Calendar 202133.57%
Calendar 2022-13.27%
Calendar 202323.73%
Calendar 202427.94%
Calendar 2025-6.14%

Rolling returns

Rolling 1Y · average242 windows since 28 Dec 20219.16%
Rolling 1Y · median5.40%
Rolling 1Y · worst window-16.03%
Rolling 1Y · best window45.68%
Rolling 1Y · windows positive57%
Rolling 3Y · average139 windows since 28 Dec 202311.95%
Rolling 3Y · median12.40%
Rolling 3Y · worst window3.77%
Rolling 3Y · best window16.15%
Rolling 3Y · windows positive100%
Rolling 5Y · average35 windows since 2 Jan 20268.28%
Rolling 5Y · median7.95%
Rolling 5Y · worst window6.09%
Rolling 5Y · best window11.58%
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)14.87%
Downside deviation (3Y)11.54%
Maximum drawdown-28.43%

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.

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