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Axis Innovation Fund Growth
Equity
Thematic
Very High Risk
+17.52%
3Y annualised
-0.69% 1D
NAV: 09 Jan '26
₹18.69
Min. SIP amount
Not Supported
Fund size
₹1,196.33 Cr
Expense ratio
2.25%
Holdings (78)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| Eternal Ltd. | Services | Equity | 5.90% |
| Info Edge (India) Ltd. | Services | Equity | 4.15% |
| Billionbrains Garage Ventures Ltd. | Financial | Equity | 3.81% |
| One97 Communications Ltd. | Services | Equity | 3.81% |
| PB Fintech Ltd. | Services | Equity | 3.34% |
| FSN E-Commerce Ventures Ltd. | Services | Equity | 2.64% |
| Affle 3I Ltd. | Technology | Equity | 2.63% |
| Lenskart Solutions Ltd. | Consumer Discretionary | Equity | 2.27% |
| BlackBuck Ltd. | Services | Equity | 2.21% |
| Bajaj Finserv Ltd. | Financial | Equity | 2.12% |
| PTC Industries Ltd. | Metals & Mining | Equity | 2.10% |
| Swiggy Ltd. | Services | Equity | 2.09% |
| Capillary Technologies India Ltd. | Technology | Equity | 1.96% |
| Aether Industries Ltd. | Chemicals | Equity | 1.96% |
| Ather Energy Ltd. | Automobile | Equity | 1.95% |
| Bharti Airtel Ltd. | Communication | Equity | 1.93% |
| Pidilite Industries Ltd. | Chemicals | Equity | 1.92% |
| GE Vernova T&D India Ltd | Capital Goods | Equity | 1.83% |
| Mahindra & Mahindra Ltd. | Automobile | Equity | 1.80% |
| Sai Life Sciences Ltd. | Healthcare | Equity | 1.77% |
| Delhivery Ltd. | Services | Equity | 1.71% |
| Divi's Laboratories Ltd. | Healthcare | Equity | 1.70% |
| Linde India Ltd. | Chemicals | Equity | 1.70% |
| Jain Resource Recycling Ltd. | Metals & Mining | Equity | 1.68% |
| Sagility Ltd. | Services | Equity | 1.66% |
| Bharat Electronics Ltd. | Capital Goods | Equity | 1.55% |
| Jyoti CNC Automation Ltd. | Capital Goods | Equity | 1.53% |
| Sona BLW Precision Forgings Ltd. | Automobile | Equity | 1.52% |
| Siemens Ltd. | Capital Goods | Equity | 1.36% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | Equity | 1.33% |
| TBO Tek Ltd. | Services | Equity | 1.32% |
| Pine Labs Ltd. | Financial | Equity | 1.31% |
| Dixon Technologies (India) Ltd. | Capital Goods | Equity | 1.20% |
| Meesho Ltd. | Services | Equity | 1.18% |
| Neogen Chemicals Ltd. | Chemicals | Equity | 1.18% |
| Broadcom Corporation (USA) | Capital Goods | Forgn. Eq | 1.16% |
| Wakefit Innovations Ltd. | Consumer Discretionary | Equity | 1.13% |
| Go Digit General Insurance Ltd. | Insurance | Equity | 1.08% |
| Microsoft Corportion (US) | Technology | Forgn. Eq | 1.03% |
| Siemens Energy India Ltd. | Energy | Equity | 0.96% |
| Trent Ltd. | Services | Equity | 0.92% |
| Honeywell Automation India Ltd. | Capital Goods | Equity | 0.90% |
| Alphabet Inc Class A | Services | Forgn. Eq | 0.89% |
| Taiwan Semiconductor Manufacturing Company Ltd. - ADR | Technology | ADS/ADR | 0.89% |
| Tenneco Clean Air India Ltd | Automobile | Equity | 0.85% |
| Meta Platforms Inc | Services | Forgn. Eq | 0.84% |
| Amazon. com Inc. (USA) | Services | Forgn. Eq | 0.79% |
| MakeMy Trip Ltd. | Services | Forgn. Eq | 0.78% |
| Ellenbarrie Industrial Gases Ltd. | Chemicals | Equity | 0.77% |
| NVIDIA Corporation (USA) | Capital Goods | Forgn. Eq | 0.71% |
| WeWork India Management Ltd. | Services | Equity | 0.67% |
| Advanced Micro Devices Inc | Capital Goods | Forgn. Eq | 0.60% |
| Urban Company Ltd. | Consumer Staples | Equity | 0.59% |
| ASML Holding N.V. - ADS/ADR | Capital Goods | ADS/ADR | 0.51% |
| Visa Inc | Financial | Forgn. Eq | 0.51% |
| ideaForge Technology Ltd. | Capital Goods | Equity | 0.48% |
| Boston Scientific Corp | Healthcare | Forgn. Eq | 0.48% |
| Reserve Bank of India | Financial | T-Bills | 0.41% |
| Arista Networks Inc | Communication | Forgn. Eq | 0.41% |
| Carborundum Universal Ltd. | Metals & Mining | Equity | 0.40% |
| Eli Lilly And Co | Healthcare | Forgn. Eq | 0.40% |
| NetFlix Inc. (USA) | Services | Forgn. Eq | 0.37% |
| Booking Holdings Inc | Services | Forgn. Eq | 0.33% |
| SharkNinja Inc | Consumer Discretionary | Forgn. Eq | 0.29% |
| Spotify Technology S.A. - ADR | Services | Forgn. Eq | 0.27% |
| TJX Companies Inc | Services | Forgn. Eq | 0.26% |
| eBay Inc. (USA) | Services | Forgn. Eq | 0.26% |
| Motorola Solutions Inc | Communication | Forgn. Eq | 0.24% |
| Sony Group Corporation | Consumer Discretionary | ADS/ADR | 0.24% |
| Salesforce Com. | Technology | Forgn. Eq | 0.24% |
| MercadoLibre Inc | Services | Forgn. Eq | 0.23% |
| Amer Sports Inc | Services | Forgn. Eq | 0.21% |
| Blue Dart Express Ltd. | Services | Equity | 0.20% |
| Cadence Design Systems Inc. | Technology | Forgn. Eq | 0.20% |
| NextEra Energy Inc | Energy | Forgn. Eq | 0.19% |
| RELX PLC | Services | Forgn. Eq | 0.19% |
| ServiceNow Inc | Technology | Forgn. Eq | 0.15% |
| Sea Limited - ADR | Technology | ADS/ADR | 0.09% |
See All
Minimum investments
Min. for 1st investment
Not Supported
Min. for 2nd investment
Not Supported
Min. for SIP
Not Supported
Returns and rankings
Annualised returns
Absolute returns
| Name | 1Y | 3Y | 5Y | All |
|---|---|---|---|---|
| Fund returns | +3.1% | +17.5% | +12.9% | +13.2% |
| Category average (Equity Thematic) | -1.5% | -- | -- | -- |
| Rank (Equity Thematic) | 4 | 1 | 1 | -- |
Exit load, stamp duty and tax
Exit load
Exit Load for units in excess of 20% of the investment,1% will be charged for redemption within 12 months.
Stamp duty on investment: 0.005% (from July 1st, 2020)
from July 1st 2020
Tax implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Check past data
Fund management
ANAshish NaikDec 2020 - PresentView details
AN
Ashish Naik
Dec 2020 - Present
View details
KNKrishnaa NarayanMar 2024 - PresentView details
KN
Krishnaa Narayan
Mar 2024 - Present
View details
About Axis Innovation Fund Growth
Axis Innovation Fund Growth is a Equity Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 04 Sep 2009. Ashish Naik is the Current Fund Manager of Axis Innovation Fund Growth fund. The fund currently has an Asset Under Management(AUM) of ₹3,62,655 Cr and the Latest NAV as of 09 Jan 2026 is ₹18.69.
The Axis Innovation Fund Growth is rated Very High risk. Minimum SIP Investment is set to ₹100. Exit Load for units in excess of 20% of the investment,1% will be charged for redemption within 12 months.
;
Investment Objective
The scheme seeks to generate long-term capital appreciation by investing in mis-priced stocks facing special situations. The mis-pricing of stocks can occur due to companies facing special situations like regulatory/policy changes, management restructuring, technology led disruption and innovation or any temporary challenges in the operating environment.;
Fund benchmarkNIFTY 500 Total Return Index
Fund house
Rank (total assets)#7 in India
Total AUM₹3,62,655.43 Cr
Date of Incorporation04 Sep 2009
Launch Date04 Sep 2009
Address23rd Floor, One Lodha Place,S. B. Road, Lower Parel. Mumbai 400013
Websitewww.karvymfs.com
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,