Axis Innovation Fund
Current Fund Size :
N.A.
₹19.85
NAV
15.43% p.a.
Overall Return
-1.59%
1-Day Change
1.31%
Expense Ratio
₹ 1,171 Cr
AUM (Fund Size)
4+ yrs
Fund Age
Investment Policy
Benchmark
NIFTY 500 TRI
Risk Level
High Risk
Min. Investment
SIP: ₹500 & Lumpsum: ₹1000
Exit Load
1.0%
Lock-in Period
Nil
Capital Gains Tax Rules (Equity)
STCG (Before 1 Year)
Returns taxed at 20% if you redeem before 1 year
LTCG (After 1 Year)
After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Age of Fund
4 yrs 9 m since Dec 04, 2020
Current Value (Example)
N.A.
Returns Ratio
N/A
Holdings Lists
| # | Company Name | Sector | Instrument | % of Assets |
|---|---|---|---|---|
| 1 | ICICI Bank Ltd. | Financial | Equity | 3.76% |
| 2 | HDFC Bank Ltd. | Financial | Equity | 3.71% |
| 3 | Eternal Ltd. | Services | Equity | 2.85% |
| 4 | Pidilite Industries Ltd. | Chemicals | Equity | 2.39% |
| 5 | Reliance Industries Ltd. | Energy | Equity | 2.24% |
| 6 | Linde India Ltd. | Chemicals | Equity | 2.19% |
| 7 | India Shelter Finance Corporation Ltd. | Financial | Equity | 2.08% |
| 8 | Hyundai Motor India Ltd. | Automobile | Equity | 2.04% |
| 9 | Mahindra & Mahindra Ltd. | Automobile | Equity | 1.92% |
| 10 | Info Edge (India) Ltd. | Services | Equity | 1.90% |
| 11 | Delhivery Ltd. | Services | Equity | 1.83% |
| 12 | Dixon Technologies (India) Ltd. | Capital Goods | Equity | 1.78% |
| 13 | Bharti Airtel Ltd. | Communication | Equity | 1.77% |
| 14 | Aether Industries Ltd. | Chemicals | Equity | 1.71% |
| 15 | PB Fintech Ltd. | Services | Equity | 1.68% |
| 16 | Bajaj Finance Ltd. | Financial | Equity | 1.66% |
| 17 | GE Vernova T&D India Ltd. | Capital Goods | Equity | 1.66% |
| 18 | Affle 3I Ltd. | Technology | Equity | 1.63% |
| 19 | Torrent Power Ltd. | Energy | Equity | 1.61% |
| 20 | Sona BLW Precision Forgings Ltd. | Automobile | Equity | 1.56% |
| 21 | FSN E-Commerce Ventures Ltd. | Services | Equity | 1.48% |
| 22 | Swiggy Ltd. | Services | Equity | 1.44% |
| 23 | Neogen Chemicals Ltd. | Chemicals | Equity | 1.43% |
| 24 | Divi's Laboratories Ltd. | Healthcare | Equity | 1.35% |
| 25 | Bajaj Auto Ltd. | Automobile | Equity | 1.33% |
| 26 | Siemens Energy India Ltd. | Energy | Equity | 1.30% |
| 27 | Ather Energy Ltd. | Automobile | Equity | 1.29% |
| 28 | Tata Power Company Ltd. | Energy | Equity | 1.28% |
| 29 | Sun Pharmaceutical Industries Ltd. | Healthcare | Equity | 1.26% |
| 30 | PTC Industries Ltd. | Metals & Mining | Equity | 1.23% |
| 31 | Cohance Lifesciences Ltd. | Healthcare | Equity | 1.22% |
| 32 | Ellenbarrie Industrial Gases Ltd. | Chemicals | Equity | 1.20% |
| 33 | Sai Life Sciences Ltd. | Healthcare | Equity | 1.18% |
| 34 | Siemens Ltd. | Capital Goods | Equity | 1.18% |
| 35 | Trent Ltd. | Services | Equity | 1.16% |
| 36 | Go Digit General Insurance Ltd. | Insurance | Equity | 1.14% |
| 37 | Samvardhana Motherson International Ltd. | Automobile | Equity | 1.13% |
| 38 | Bharat Electronics Ltd. | Capital Goods | Equity | 1.10% |
| 39 | Honeywell Automation India Ltd. | Capital Goods | Equity | 1.09% |
| 40 | TBO Tek Ltd. | Services | Equity | 1.06% |
| 41 | Biocon Ltd. | Healthcare | Equity | 1.06% |
| 42 | Jyoti CNC Automation Ltd. | Capital Goods | Equity | 1.04% |
| 43 | Avenue Supermarts Ltd. | Services | Equity | 1.01% |
| 44 | Maruti Suzuki India Ltd. | Automobile | Equity | 0.93% |
| 45 | Bajaj Finserv Ltd. | Financial | Equity | 0.83% |
| 46 | ABB India Ltd. | Capital Goods | Equity | 0.81% |
| 47 | L&T Technology Services Ltd. | Technology | Equity | 0.77% |
| 48 | Larsen & Toubro Ltd. | Construction | Equity | 0.72% |
| 49 | Granules India Ltd. | Healthcare | Equity | 0.72% |
| 50 | Indiamart Intermesh Ltd. | Services | Equity | 0.72% |
| 51 | Tata Elxsi Ltd. | Technology | Equity | 0.71% |
| 52 | Grindwell Norton Ltd. | Metals & Mining | Equity | 0.68% |
| 53 | KPIT Technologies Ltd. | Technology | Equity | 0.68% |
| 54 | Tata Technologies Ltd | Services | Equity | 0.59% |
| 55 | Honasa Consumer Ltd. | Consumer Staples | Equity | 0.53% |
| 56 | ideaForge Technology Ltd. | Others | Equity | 0.51% |
| 57 | Carborundum Universal Ltd. | Metals & Mining | Equity | 0.44% |
| 58 | Techno Electric & Engineering Company Ltd. | Capital Goods | Equity | 0.26% |
| 59 | Blue Dart Express Ltd. | Services | Equity | 0.21% |
Peer Comparison: Returns & Risk Ratios
| # | Fund Name | Annualized Returns | Risk Ratios | Other Details | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Year | 3 Year | 5 Year | Std. Deviation | Beta | Sharpe Ratio | Sortino Ratio | AUM | Fund Age | Expense Ratio | ||
| 1 | Axis Innovation Fund | -1.98% | 18.4% | N.A. | 12.06 | 0.79 | 0.74 | 0.98 | 1,171 Cr | 4 yrs 9 m | 1.31% |
| 2 | ICICI Prudential Manufacturing Fund | -2.69% | 28.09% | 29.79% | 16.26 | 1.13 | 1.09 | 1.58 | 6,490 Cr | 7 yrs | 0.73% |
| 3 | Sundaram Services Fund | 1.21% | 20.02% | 25.84% | 12.58 | 0.87 | 0.89 | 1.57 | 4,333 Cr | 7 yrs 1 m | 0.74% |
| 4 | ICICI Prudential Exports and Services Fund | -2.35% | 21.4% | 24.73% | 11.25 | 0.80 | 1.16 | 2.49 | 1,369 Cr | 12 yrs 8 m | 1.69% |
| 5 | ICICI Prudential Commodities Fund | -0.32% | 22.09% | 32.98% | 15.05 | 0.98 | 0.87 | 1.40 | 2,919 Cr | 6 yrs | 0.99% |
| 6 | UTI Transportation and Logistics Fund | 2.12% | 26.37% | 28.23% | 16.11 | 1.03 | 0.95 | 1.32 | 3,741 Cr | 12 yrs 8 m | 0.83% |
Trailing Returns vs. Category Average
| # | Period | Fund Return | Category Average |
|---|---|---|---|
| 1 | 1 Month | 1.28% | 1.76% |
| 2 | 3 Months | 0% | 0.68% |
| 3 | 6 Months | 12.91% | 13.25% |
| 4 | 1 Year | -1.98% | -3.61% |
| 5 | 2 Years | 19.76% | 20.53% |
| 6 | 3 Years | 18.4% | 19.44% |
| 7 | 4 Years | 10.76% | 14.22% |
Related Funds
| # | Fund Name | AUM | Return 1y | Return 5y | url |
|---|---|---|---|---|---|
| 1 | Axis Small Cap Fund | 25,569 Cr | -3.63% | 27.56% | View Detail |
| 2 | Axis Large & Mid Cap Fund | 14,711 Cr | -2.75% | 22.86% | View Detail |
| 3 | Axis Midcap Fund | 31,056 Cr | -3.83% | 22.84% | View Detail |
| 4 | Axis Nifty 100 Index Fund | 1,903 Cr | -5.02% | 18.36% | View Detail |
| 5 | Axis Flexi Cap Fund | 12,796 Cr | -2.73% | 18.26% | View Detail |
| 6 | Axis Global Equity Alpha FoF | 1,045 Cr | 26.12% | 17.32% | View Detail |
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