Axis Innovation Fund - Direct Plan - Growth Option

Open Ended Schemes(Equity Scheme - Sectoral/ Thematic)Very High RiskISIN INF846K01X71

NAV · 03-Jul-2026

₹21.1600

+4.80%

+3.73%

1Y (CAGR)

+6.93%

3Y (CAGR)

+16.06%

5Y (CAGR)

+12.73%

Since inception (CAGR)

+14.51%

NAV history

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Risk & SIP analytics

Q2 · 3Y in category

Volatility (3y)

13.16%

Downside dev (3y)

10.08%

Max drawdown (3y)

-19.4%

Sharpe (3y)

0.73

SIP XIRR (3y)

+12.05%

SIP XIRR (5y)

+13.55%

Calendar-year returns

2021 +35.5%2022 -12.0%2023 +25.6%2024 +29.1%2025 +4.2%

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

Volatility13.81

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 ↗