Axis Innovation Fund Growth

Axis Innovation Fund Growth

+14.61%
3Y annualised
+0.05% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 04 Jun '26
₹18.87
Min. for SIP
₹100
Fund size (AUM)
₹1,176.60 Cr
Expense ratio
2.19%
Rating
--

Return calculator

Monthly investment
₹5,000
Over the pastTotal investmentWould've becomeHistoric returnsReturns
6 months₹30,000₹30,953
+3.18%
1 year₹60,000₹61,001
+1.67%
3 years₹1,80,000₹2,03,789
+13.22%
5 years₹3,00,000₹3,90,177
+30.06%

Holdings (77)

NameSectorInstrumentsAssets
Zomato LtdTechnologyEquity6.22%
Billionbrains Garage Ventures Ltd.FinancialEquity4.44%
One 97 Communications LtdIndustrialsEquity3.47%
Others CBLOUnspecifiedCBLO2.94%
FSN E-Commerce Ventures LtdConsumer DiscretionaryEquity2.68%
Aether Industries LtdMaterialsEquity2.66%
Lenskart Solutions Ltd.Consumer DiscretionaryEquity2.64%
PB Fintech LtdFinancialEquity2.54%
Ather Energy Ltd.Consumer DiscretionaryEquity2.38%
GE T&D India LtdIndustrialsEquity2.36%
Info Edge (India) LtdTechnologyEquity2.23%
Meesho Ltd.Consumer DiscretionaryEquity2.12%
Affle (India) LtdIndustrialsEquity2.11%
Delhivery LtdIndustrialsEquity2.01%
Zinka Logistics Solutions Ltd.IndustrialsEquity2.01%
Jain Resource Recycling Ltd.MaterialsEquity1.98%
Sona BLW Precision Forgings LtdConsumer DiscretionaryEquity1.96%
PTC Industries LtdMaterialsEquity1.84%
Bajaj Finserv LtdFinancialEquity1.84%
Pidilite Industries LtdMaterialsEquity1.81%
Linde India LtdMaterialsEquity1.81%
Divi's Laboratories LtdHealthcareEquity1.77%
Bharti Airtel LtdTechnologyEquity1.76%
Siemens LtdDiversifiedEquity1.73%
Bharat Electronics LtdIndustrialsEquity1.70%
Sai Life Sciences Ltd.HealthcareEquity1.64%
Capillary Technologies India Ltd.TechnologyEquity1.63%
Mahindra & Mahindra LtdConsumer DiscretionaryEquity1.53%
Broadcom Corporation (USA) Forgn. Eq (AVGO)TechnologyForeign - Equity1.51%
Sagility India Ltd.IndustrialsEquity1.49%
Swiggy Ltd.TechnologyEquity1.49%
CNX BANK INDEX-MAY2026FinancialIndex Derivatives1.41%
Urban Company Ltd.Consumer StaplesEquity1.32%
Siemens Energy India LtdEnergy & UtilitiesEquity1.25%
Taiwan Semiconductor Manufacturing Co Ltd. (Taiwan) ADS/ADR (TSM)TechnologyADS/ADR1.24%
Tenneco Clean Air India Ltd.Consumer DiscretionaryEquity1.22%
Alphabet Inc Forgn. Eq (GOOGL)TechnologyForeign - Equity1.18%
Jyoti CNC Automation Ltd.IndustrialsEquity1.18%
Dixon Technologies (India) LtdConsumer DiscretionaryEquity1.13%
Pine Labs Ltd.TechnologyEquity1.07%
Advanced Micro Devices Inc Forgn. Eq (AMD)TechnologyForeign - Equity1.07%
Neogen Chemicals LtdMaterialsEquity1.04%
TBO Tek Ltd.Consumer DiscretionaryEquity1.01%
Go Digit General Insurance Ltd.FinancialEquity0.98%
Amazon. com Inc. (USA) Forgn. Eq (AMZN)Consumer DiscretionaryForeign - Equity0.98%
Microsoft Corportion (US) Forgn. Eq (MSFT)TechnologyForeign - Equity0.94%
Honeywell Automation India LtdTechnologyEquity0.87%
Wakefit Innovations Ltd.Consumer DiscretionaryEquity0.86%
Bosch LtdConsumer DiscretionaryEquity0.83%
Facebook Co Forgn. Eq (FB)TechnologyForeign - Equity0.83%
NVIDIA Corporation (USA) Forgn. Eq (NVDA)TechnologyForeign - Equity0.82%
ASML Holding N.V ADS/ADR (ASML)IndustrialsADS/ADR0.74%
ideaForge Technology Ltd.IndustrialsEquity0.63%
Ellenbarrie Industrial Gases LtdMaterialsEquity0.62%
WeWork India Management Ltd.IndustrialsEquity0.61%
Arista Networks Inc Forgn. Eq (ANET)TechnologyForeign - Equity0.59%
Visa Inc Forgn. Eq (V)TechnologyForeign - Equity0.52%
MakeMy Trip Ltd Forgn. Eq (MMYT)Consumer DiscretionaryForeign - Equity0.48%
Carborundum Universal LtdMaterialsEquity0.45%
GOVERNMENT OF INDIA 37175 091 DAYS TBILL 04JU26 FV RS 100FinancialTreasury Bills0.42%
NetFlix Inc. (USA) Forgn. Eq (NFLX)TechnologyForeign - Equity0.40%
Eli Lilly Forgn. Eq (LLY)HealthcareForeign - Equity0.37%
SharkNinja IncConsumer DiscretionaryForeign - Equity0.33%
eBay Inc. (USA) Forgn. Eq (EBAY)TechnologyForeign - Equity0.33%
Boston Scientific Corp Forgn. Eq (BSX)HealthcareForeign - Equity0.31%
Motorola Solutions Inc Forgn. Eq (MSI)TechnologyForeign - Equity0.30%
TJX Companies Inc Forgn. Eq (TJX)Consumer DiscretionaryForeign - Equity0.29%
Booking Holdings Inc Forgn. Eq (BKNG)Consumer DiscretionaryForeign - Equity0.28%
Cadence Design Systems Inc Forgn. Eq (CDNS)TechnologyForeign - Equity0.22%
Spotify Technology S.A Forgn. Eq (SPOT)TechnologyForeign - Equity0.22%
MercadoLibre Inc Forgn. Eq (MELI)TechnologyForeign - Equity0.22%
Amer Sports IncConsumer DiscretionaryForeign - Equity0.21%
Blue Dart Express LtdIndustrialsEquity0.20%
Salesforce Com Forgn. Eq (CRM)TechnologyForeign - Equity0.17%
ServiceNow Inc Forgn. Eq (NOW)TechnologyForeign - Equity0.09%
Sea Ltd ADS/ADR (SE)TechnologyADS/ADR0.07%
Net PayablesUnspecifiedNet Payables-0.64%
See All

Minimum investments

Min. for 1st investment
₹100
Min. for 2nd investment
₹100
Min. for SIP
₹100

Returns and rankings

Annualised returns
Absolute returns
Name1Y3Y5YAll
Fund returns+3.4%+14.6%+11.2%+12.4%
Category average (Equity Thematic)-1.5%------
Rank (Equity Thematic)521--

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

AN
Ashish Naik
Dec 2020 - Present
View details

Education
Mr. Naik is a B.E from Mumbai University and MBA from XLRI, Jamshedpur.
Experience
Prior to joining Axis Mutual Fund he was associated with organizations such as Goldman Sachs and has over 7 years of experience as an Equity Analyst.

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. Krishnaa Narayan is the Current Fund Manager of Axis Innovation Fund Growth fund. The fund currently has an Asset Under Management(AUM) of ₹3,66,023 Cr and the Latest NAV as of 04 Jun 2026 is ₹18.87. The Axis Innovation Fund Growth is rated Very High risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹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₹3,66,022.79 Cr
Date of Incorporation04 Sep 2009
Phone022-24255161
E-mail--
Launch Date04 Sep 2009
Address23rd Floor, One Lodha Place,S. B. Road, Lower Parel. Mumbai 400013
CustodianDeutsche Bank
Registrar & Transfer AgentKFin Tech
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,