← Axis Mutual Fund
Axis Innovation Fund - Direct Plan - IDCW
Open Ended Schemes(Equity Scheme - Sectoral/ Thematic)Very High RiskISIN INF846K01X89
NAV · 03-Jul-2026
₹17.7200
1M
+4.79%
6M
-4.53%
1Y (CAGR)
-1.56%
3Y (CAGR)
+9.39%
5Y (CAGR)
+8.80%
Since inception (CAGR)
+10.88%
NAV history
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Risk & SIP analytics
Q4 · 3Y in categoryVolatility (3y)
14.67%
Downside dev (3y)
13.77%
Max drawdown (3y)
-27.3%
Sharpe (3y)
0.20
SIP XIRR (3y)
+2.83%
SIP XIRR (5y)
+7.21%
Calendar-year returns
2021 +35.5%2022 -12.0%2023 +25.6%2024 +29.1%2025 -5.2%
Fund facts
Fund managerAshish Naik · Krishnaa N
AUM₹11,666 Cr
Expense ratio1.3% · 2026-05-31
TER · AMFI officialDirect 1.39% · Regular 2.28% (2026-06-30)
Launch date04-Dec-2020
Plan typeOpen Ended · Equity
Min lumpsum₹100
Min SIP₹100
Lock-inNone
Volatility14.54
AMCAxis Asset Management Co. Ltd.
Objective · To generate long term capital appreciation by investing in equity & equity related securities of companies that are benefiting from innovative change (innovators, enablers, adaptors).
scheme documents ↗