Axis Innovation Fund
3Fund Details
- Expense Ratio: A charge to the mutual fund for handling your investments. It's a percentage of the fund's assets used for various expenses like administration and management.
- Exit Load : A fee paid to a mutual fund for leaving the investment early before a set period
- Lock In : Withdrawals are not allowed for this period
Current NAV
₹19.01
Expense Ratio
2.18%
Min SIP
₹100
Fund Size
₹1177Cr
Min Investment
₹100
Lock In
NA
Scheme Information Document
Exit load: Nil for 10% of investment and 1% for remaining investment on or before 12M, Nil after 12M
Fund Performance
- Alpha: Excess returns relative to market benchmark,
- Beta : Volatility of the scheme relative to its market benchmark
- Sharpe Ratio : Risk-adjusted returns
- Risk : Volatility of the fund
Alpha
0.18%
Beta
0.90
Sharpe Ratio
0.218624
Risk
15.34%
Above numbers are based upon past 3 years
Returns Calculator
Would have become
₹1,49,748.59
(5.14)%
| Name | Holding(%) |
| Name | Sector(%) |
| Name | Assets(%) |
- ITI Business Cycle Fund
- ICICI Prudential Commodities Fund
- Kotak ESG Exclusionary Strategy Fund
- ICICI Prudential Conglomerate Fund
- ICICI Prudential Quant Fund
- SBI PSU Fund
- Tata Business Cycle Fund
- ICICI Prudential ESG Exclusionary Strategy Fund
- Bandhan Innovation Fund
- Bandhan Business Cycle Fund
- SBI Innovative Opportunities Fund
- Edelweiss Recently Listed IPO Fund
- Nippon India Quant Fund
- ICICI Prudential Manufacturing Fund
- Motilal Oswal Quant Fund
- Kotak Special Opportunities Fund
- 360 ONE Quant Fund
- UTI-Transportation and Logistics Fund
- HDFC Consumption Fund
- HDFC Business Cycle Fund
- Aditya Birla Sun Life Transportation and Logistics Fund
- Quant ESG Integration Strategy Fund
- Quant Quantamental Fund
- Aditya Birla Sun Life Manufacturing Equity Fund
- Motilal Oswal Manufacturing Fund
- Motilal Oswal Business Cycle Fund
- Motilal Oswal Special Opportunities Fund
- SBI Equity Minimum Variance Fund
- Baroda BNP Paribas Innovation Fund
- Tata Ethical Fund
- SBI Quality Fund
- Union Active Momentum Fund
- Union Business Cycle Fund
- Edelweiss Business Cycle Fund
- HSBC India Export Opportunities Fund
- Bank of India Business Cycle Fund
- Sundaram Multi-Factor Fund
- Quant Manufacturing Fund
- Sundaram Business Cycle Fund
- Axis Business Cycles Fund
- Axis Innovation Fund
- Baroda BNP Paribas Business Cycle Fund
- Invesco India ESG Integration Strategy Fund
- Aditya Birla Sun Life Conglomerate Fund
- Union Innovation & Opportunities Fund
- Quant Business Cycle Fund
- Aditya Birla Sun Life PSU Equity Fund
- Axis Momentum Fund
- UTI Innovation Fund
- Qsif Sector Rotation Long-Short Fund
- Mahindra Manulife Manufacturing Fund
- LIC MF Manufacturing Fund
- ICICI Prudential PSU Equity Fund
- Franklin India Opportunities Fund
- Baroda BNP Paribas Business Conglomerates Fund
- Mahindra Manulife Innovation Opportunities Fund
- Invesco India PSU Equity Fund
- HDFC Housing Opportunities Fund
- Axis Quant Fund
- Aditya Birla Sun Life Special Opportunities Fund
- HDFC Innovation Fund
- DSP Business Cycle Fund
- Bandhan Transportation and Logistics Fund
- Kotak Transportation & Logistics Fund
- Shriram Multi Sector Rotation Fund
- WhiteOak Capital ESG Best-In-Class Strategy Fund
- Nippon India Active Momentum Fund
- Invesco India Manufacturing Fund
- Nippon India Innovation Fund
- Quant Commodities Fund
- HDFC Transportation and Logistics Fund
- Tata India Innovation Fund
- Motilal Oswal Innovation Opportunities Fund
- HDFC Manufacturing Fund
- Invesco India Business Cycle Fund
- ICICI Prudential Active Momentum Fund
- Kotak Rural Opportunities Fund
- WhiteOak Capital Special Opportunities Fund
- Kotak Pioneer Fund
- WhiteOak Capital Quality Equity Fund
- Quantum Ethical Fund
- Aditya Birla Sun Life Quant Fund
- Taurus Ethical Fund
- Baroda BNP Paribas ESG Best-in-class strategy Fund
- Bandhan Multi-Factor Fund
- Franklin India Multi-Factor Fund
- ICICI Prudential Quality Fund
- ICICI Prudential Equity Minimum Variance Fund
- ICICI Prudential Rural Opportunities Fund
- ICICI Prudential Business Cycle Fund
- Quantum ESG Best In Class Strategy Fund
- SBI ESG Exclusionary Strategy Fund
- Aditya Birla Sun Life Business Cycle Fund
- Baroda BNP Paribas Manufacturing Fund
- Canara Robeco Manufacturing Fund
- ICICI Prudential Transportation and Logistics Fund
- The Wealth Company Ethical Fund
- HSBC Business Cycles Fund
- Kotak Manufacture in India Fund
- Motilal Oswal Active Momentum Fund
Ashish Naik
Axis Mutual FundTotal assets under management
₹327.28L Crores
Date of incorporation
13 Jan 2009
Axis Innovation Fund
Ans.
- Open the Rupeezy app.
- If you're on the Stocks or F&O screen, switch to the Mutual Funds section.
- Tap on Explore to browse available mutual fund schemes.
- Select the Axis Innovation Fund (or any fund you want to invest in).
- Choose your investment mode: Lumpsum or SIP.
- Enter the investment amount.
- Complete the payment using UPI, Net Banking, or other available options.
Ans. The Axis Innovation Fund has an AUM of ₹1176.60 Cr as on 5/25/2026. The scheme has delivered CAGR returns for the past 3 years against a category average of 18.01%. The risk is Very High against the category average of 64.36.
Ans. Mutual fund taxation depends on the scheme type and investment holding period.
Taxation on equity funds: For equity funds (funds that invest at least 65% of the corpus in Indian stocks), if the holding period is more than 12 months, LTCG (Long Term Capital Gains) tax is applicable. For units sold within 12 months of purchase, STCG (Short Term Capital Gains) Tax is applicable.
LTCG tax on equity-oriented schemes is 12.5% on capital gains over ₹1.25 lakh (as per the latest update in Budget 2024).
STCG tax applicable on the sale of units of equity-oriented mutual fund schemes is 20%.
Ans. There is no lock-in period applicable on Axis Innovation Fund.
Ans. The expense ratio of Axis Innovation Fund is 2.18%.