AN
Ashish NaikFund Manager Since 18 Dec 2020
EquityEquity - Other
Axis Innovation Fund Direct Growth
3Y Annualised
18.07%
-0.20% 1D
Fund Performance
Fund Multiplier
Fund Info
Peer Comparison
Fund Managers
AMC Details
Performance
1M Returns
11.11%
-0.20% 1D
Benchmark
Nifty 50 Index Fund
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
This Fund
4 years 2 months
NIFTY 50
6 years 6 months
FD
9 years 7 months
Fund info
Fund size
₹1039.28 Cr
Min. SIP amount
₹100
Min. Lumpsum amount
₹100
Exit load
0.01%
If redeemed / switched-out within 12 months from the date of allotment: a) For 20% of investments: Nil. b) For remaining investments: 1%. If redeemed / switched - out after 12 months from the date of allotment: Nil
Risk Profile
Very High Risk
Peer Comparison
This Fund's Performance Compared With Peers
Over the Period of oneMonth
1st
Quant Commodities Fund Direct Growth
22.80%
2nd
Quant Commodities Fund Direct Reinvestment Inc Dist cum Cap Wdrl
22.80%
3rd
Quant Commodities Fund Direct Payout Inc Dist cum Cap Wdrl
22.80%
4th
Groww Nifty India Defence ETF FoF Direct Reinvestment Inc Dist cum Cap Wdrl
22.70%
5th
Groww Nifty India Defence ETF FoF Direct Payout Inc Dist cum Cap Wdrl
22.70%
232nd
Axis Innovation Fund Direct Growth
11.11%
Fund Managers
HD
Hitesh DasFund Manager Since 18 Dec 2020
About Axis Innovation Fund Direct Growth
Axis Innovation Fund Direct Growth is a Equity mutual fund scheme from Axis Asset Management Company Limited. This fund has been in existence for 5 years, having been launched on 2020-12-18. Axis Innovation Fund Direct Growth has ₹1039.28 Cr worth of assets under management (AUM) as of Thu Apr 30 2026. The latest Net Asset Value (NAV) of Axis Innovation Fund Direct Growth as of Wed Apr 29 2026 is ₹20.31. The fund has an expense ratio of 1.28%, which is medium comparable to most other Equity funds.
Axis Innovation Fund Direct Growth returns for the last 1 year are 11.29%. Since launch, it has delivered 14.13% average annual returns.
The Axis Innovation Fund Direct Growth has the majority of its money invested in Consumer Cyclical, Financial Services, Technology, Healthcare, Basic Materials, Communication Services sectors.
Top 5 Holdings of Axis Innovation Fund Direct Growth.
- Eternal Ltd: 5.31%
- Billionbrains Garage Ventures Ltd: 4.22%
- One97 Communications Ltd: 3.44%
- Lenskart Solutions Ltd: 2.89%
- Aether Industries Ltd: 2.81%
AMC Information
| Name | Axis Asset Management Company Limited |
|---|---|
| Founding Date | 2020-12-18 |
| customerservice@axismf.com | |
| Phone | 8108622211 |
| Website | www.axismf.com |
| Address | Axis Asset Management Company Ltd.,22nd & 23rd Floor, One Lodha Place,Senapati Bapat Marg, Lower Parel,Mumbai, Maharashtra 400013 |
Tax Implications of Axis Innovation Fund Direct Growth
| Short Term Gains | 20% + applicable Surcharge + 4% Cess |
|---|---|
| Long Term Gains | 12.5% without indexation + applicable Surcharge + 4% Cess |
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expense ratio
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Calculate Your Returns
Estimated Returns in 3 Years (Based on past 3Y returns)
₹0
Total Amount
₹0
