Stocks
Invest in Stocks
Invest in stocks, ETFs, IPOs with fast orders. Track returns on your stock holdings and view real-time P&L on your positions.
F&O
Mutual Funds
Invest in Mutual Funds
Invest in direct mutual funds at zero charges via lump sump investments or SIPs
Axis Innovation Fund Growth
Equity
Thematic
Very High Risk
+15.88%
3Y annualised
+0.17% 1D
NAV: 20 Feb '26
₹18.20
Min. for SIP
Not Supported
Fund size
₹1,145.06 Cr
Expense ratio
2.26%
Holdings (76)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| Eternal Ltd. | Services | Equity | 5.76% |
| Billionbrains Garage Ventures Ltd. | Financial | Equity | 4.51% |
| One97 Communications Ltd. | Services | Equity | 3.74% |
| Info Edge (India) Ltd. | Services | Equity | 3.69% |
| PB Fintech Ltd. | Services | Equity | 3.16% |
| FSN E-Commerce Ventures Ltd. | Services | Equity | 2.47% |
| Lenskart Solutions Ltd. | Consumer Discretionary | Equity | 2.41% |
| Aether Industries Ltd. | Chemicals | Equity | 2.38% |
| Affle 3I Ltd. | Technology | Equity | 2.36% |
| PTC Industries Ltd. | Metals & Mining | Equity | 2.13% |
| Bajaj Finserv Ltd. | Financial | Equity | 2.12% |
| Pidilite Industries Ltd. | Chemicals | Equity | 1.94% |
| Capillary Technologies India Ltd. | Technology | Equity | 1.91% |
| BlackBuck Ltd. | Services | Equity | 1.90% |
| Bharti Airtel Ltd. | Communication | Equity | 1.89% |
| Delhivery Ltd. | Services | Equity | 1.87% |
| Bharat Electronics Ltd. | Capital Goods | Equity | 1.81% |
| Linde India Ltd. | Chemicals | Equity | 1.79% |
| GE Vernova T&D India Ltd | Capital Goods | Equity | 1.76% |
| Swiggy Ltd. | Services | Equity | 1.75% |
| Jain Resource Recycling Ltd. | Metals & Mining | Equity | 1.74% |
| Mahindra & Mahindra Ltd. | Automobile | Equity | 1.74% |
| Meesho Ltd. | Services | Equity | 1.72% |
| Sai Life Sciences Ltd. | Healthcare | Equity | 1.70% |
| Divi's Laboratories Ltd. | Healthcare | Equity | 1.70% |
| Ather Energy Ltd. | Automobile | Equity | 1.68% |
| Sagility Ltd. | Services | Equity | 1.66% |
| Sona BLW Precision Forgings Ltd. | Automobile | Equity | 1.65% |
| Siemens Ltd. | Capital Goods | Equity | 1.44% |
| Neogen Chemicals Ltd. | Chemicals | Equity | 1.41% |
| Pine Labs Ltd. | Financial | Equity | 1.30% |
| Jyoti CNC Automation Ltd. | Capital Goods | Equity | 1.30% |
| Broadcom Corporation (USA) | Capital Goods | Forgn. Eq | 1.19% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | Equity | 1.17% |
| Wakefit Innovations Ltd. | Consumer Discretionary | Equity | 1.16% |
| TBO Tek Ltd. | Services | Equity | 1.16% |
| Tenneco Clean Air India Ltd | Automobile | Equity | 1.10% |
| Dixon Technologies (India) Ltd. | Capital Goods | Equity | 1.09% |
| Go Digit General Insurance Ltd. | Insurance | Equity | 1.06% |
| Taiwan Semiconductor Manufacturing Company Ltd. - ADR | Technology | ADS/ADR | 1.03% |
| Alphabet Inc Class A | Services | Forgn. Eq | 1.02% |
| Microsoft Corportion (US) | Technology | Forgn. Eq | 0.98% |
| Siemens Energy India Ltd. | Energy | Equity | 0.98% |
| Meta Platforms Inc | Services | Forgn. Eq | 0.97% |
| Honeywell Automation India Ltd. | Capital Goods | Equity | 0.96% |
| Amazon. com Inc. (USA) | Services | Forgn. Eq | 0.87% |
| NVIDIA Corporation (USA) | Capital Goods | Forgn. Eq | 0.78% |
| ASML Holding N.V. - ADS/ADR | Capital Goods | ADS/ADR | 0.73% |
| Advanced Micro Devices Inc | Capital Goods | Forgn. Eq | 0.71% |
| WeWork India Management Ltd. | Services | Equity | 0.66% |
| Ellenbarrie Industrial Gases Ltd. | Chemicals | Equity | 0.64% |
| MakeMy Trip Ltd. | Services | Forgn. Eq | 0.64% |
| Urban Company Ltd. | Consumer Staples | Equity | 0.57% |
| Boston Scientific Corp | Healthcare | Forgn. Eq | 0.50% |
| Visa Inc | Financial | Forgn. Eq | 0.50% |
| ideaForge Technology Ltd. | Capital Goods | Equity | 0.49% |
| Trent Ltd. | Services | Equity | 0.49% |
| Arista Networks Inc | Communication | Forgn. Eq | 0.48% |
| Reserve Bank of India | Financial | T-Bills | 0.43% |
| Eli Lilly And Co | Healthcare | Forgn. Eq | 0.41% |
| Carborundum Universal Ltd. | Metals & Mining | Equity | 0.39% |
| NetFlix Inc. (USA) | Services | Forgn. Eq | 0.35% |
| Booking Holdings Inc | Services | Forgn. Eq | 0.33% |
| SharkNinja Inc | Consumer Discretionary | Forgn. Eq | 0.33% |
| eBay Inc. (USA) | Services | Forgn. Eq | 0.29% |
| Motorola Solutions Inc | Communication | Forgn. Eq | 0.27% |
| TJX Companies Inc | Services | Forgn. Eq | 0.27% |
| MercadoLibre Inc | Services | Forgn. Eq | 0.26% |
| Spotify Technology S.A. - ADR | Services | Forgn. Eq | 0.25% |
| Amer Sports Inc | Services | Forgn. Eq | 0.22% |
| Sony Group Corporation | Consumer Discretionary | ADS/ADR | 0.22% |
| Blue Dart Express Ltd. | Services | Equity | 0.21% |
| Salesforce Com. | Technology | Forgn. Eq | 0.20% |
| Cadence Design Systems Inc. | Technology | Forgn. Eq | 0.20% |
| ServiceNow Inc | Technology | Forgn. Eq | 0.12% |
| 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 | +7.5% | +15.9% | +11.2% | +12.3% |
| Category average (Equity Thematic) | -1.5% | -- | -- | -- |
| Rank (Equity Thematic) | 6 | 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
If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
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 ₹3,58,698 Cr and the Latest NAV as of 20 Feb 2026 is ₹18.20.
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₹3,58,698.01 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,