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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 202623.25
CategorySectoral / Thematic
PlanDirect · Growth
Launched4 Dec 2020
Risk labelthe scheme's own riskometerVery High
Legal benchmarkSEBI Tier-1NIFTY 500 TRI
Expense ratiodirect plan, a year1.35%
AUM₹139 Cr
Growth of ₹10,000₹17,9122 Sep 2021 to 2 Sep 2026
₹18,105₹15,664₹13,224₹10,784₹8,344Sep 2021Nov 2022Mar 2024Jun 2025Sep 2026
₹17,912 (+12.4% a year) Axis Innovation Fund

Performance (trailing, annualised)

1Y annualised17.44%
3Y annualised18.15%
5Y annualised12.37%

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 ₹1,38,70129.99%
SIP 3Y (₹10,000 a month)invested ₹3,60,000 → worth ₹4,63,25417.07%
SIP 5Y (₹10,000 a month)invested ₹6,00,000 → worth ₹9,06,27716.51%

₹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 202429.15%
Calendar 20254.16%

Rolling returns

Rolling 1Y · average242 windows since 28 Dec 202113.38%
Rolling 1Y · median10.03%
Rolling 1Y · worst window-14.70%
Rolling 1Y · best window47.29%
Rolling 1Y · windows positive81%
Rolling 3Y · average139 windows since 28 Dec 202315.85%
Rolling 3Y · median16.13%
Rolling 3Y · worst window8.43%
Rolling 3Y · best window21.16%
Rolling 3Y · windows positive100%
Rolling 5Y · average35 windows since 2 Jan 202612.99%
Rolling 5Y · median12.96%
Rolling 5Y · worst window11.31%
Rolling 5Y · best window15.16%
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)13.32%
Downside deviation (3Y)9.39%
Maximum drawdown-19.42%

Management

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

What it holds

SecurityWeight
Zomato Ltd5.6%
Billionbrains Garage Ventures Ltd.3.8%
One 97 Communications Ltd3.5%
FSN E-Commerce Ventures Ltd3.2%
Ather Energy Ltd.3.0%
Aether Industries Ltd2.7%
Lenskart Solutions Ltd.2.7%
Info Edge (India) Ltd2.6%
Sona BLW Precision Forgings Ltd2.3%
PB Fintech Ltd2.3%
SectorWeight
Consumer Discretionary23.9%
Technology22.7%
Industrials17.6%
Materials13.8%
Financial8.4%

Portfolio disclosed: 95.9% by weight.

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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