NAV
17.17(1.66%)Fund Size (CR)
₹1,091.24Expense Ratio
1.33Scheme Type
Active FundValue Research
Min. investment
₹100Minimum Additional Investment
₹100Minimum SIP Investment
₹100Minimum Withdrawal
₹0Exit Load
0%Return Since Launch
13.40%
- 3M
- 6M
- 1Y
- 3Y
- All
Basic Details
Scheme Manager
Ashish Naik
Bench Mark
Nifty 500 TRI
Type
OPEN
Lumpsum Returns
| Period Invested For | ₹10,000 Invested on | Latest Value | Absolute Returns | Annualised Returns | Category Avg | Rank within Category |
|---|---|---|---|---|---|---|
| 1 Week | 4 April 2025 | 10165.78 | 1.66% | - | -0.00% | 41/860 |
| 1 Month | 11 March 2025 | 10017.50 | 0.18% | - | 1.93% | 715/856 |
| 3 Month | 10 January 2025 | 9113.59 | -8.86% | - | -6.84% | 564/820 |
| 6 Month | 11 October 2024 | 8458.13 | -15.42% | - | -13.16% | 457/756 |
| 1 Year | 10 April 2024 | 10129.79 | 1.30% | 1.30% | 1.77% | 323/660 |
| 3 Year | 11 April 2022 | 13217.86 | 32.18% | 9.74% | 14.77% | 375/476 |
| 5 Year | - | - | 0% | - | 25.19% | -/- |
| Since Inception | 24 December 2020 | 17170.00 | 71.70% | 13.40% | 9.72% | 442/860 |
Note: Lumpsum Returns since Inception Date.
SIP Returns
| Period Invested For | ₹10,000 Invested on | Investments | Latest Value | Absolute Returns | Annualised Returns |
|---|---|---|---|---|---|
| 1 Year | 2 May 2024 | 1,20,000 | 111147.50 | -7.38% | -7.38% |
| 3 Year | 2 May 2022 | 3,60,000 | 427784.00 | 18.83% | 5.92% |
| 5 Year | - | - | - | - | - |
| 10 Year | - | - | - | - | - |
Note: SIP Returns since Inception Date.
Tax Treatment
If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.
Mutual Funds Calculator
- Investment type
- Scheme based
- SIP
- Lumpsum
Invested Amount
₹25,000
Estimated Returns
₹19,059
76%
Returns
Future value of your investment
₹44,059
Risk Ratios
4.15%
Standard Deviation
0.87%
Beta
0.37%
Sharpe Ratio
0.02%
Treynor's Ratio
-1.66%
Jension's Alpha
Asset Allocation
Sector Allocation
Top 10 stock holding in portfolio
| Stock Invested in | % of Total Holdings | Quantity | Value (Cr) | Asset Type | Segment |
|---|---|---|---|---|---|
| ICICI Bank | 3.89% | 315038 | 42.48 | Equity | Banks |
| HDFC Bank | 3.82% | 228305 | 41.74 | Equity | Banks |
| Reliance Industr | 2.70% | 231494 | 29.52 | Equity | Refineries |
| Zomato Ltd | 2.67% | 1445486 | 29.16 | Equity | E-Commerce/App based Aggregator |
| Torrent Power | 2.43% | 178234 | 26.50 | Equity | Power Generation & Distribution |
| Pidilite Inds. | 2.40% | 91878 | 26.18 | Equity | Chemicals |
| Info Edg.(India) | 2.36% | 35931 | 25.80 | Equity | E-Commerce/App based Aggregator |
| Linde India | 2.31% | 40214 | 25.16 | Equity | Chemicals |
| Dixon Technolog. | 2.23% | 18500 | 24.38 | Equity | Consumer Durables |
| Siemens | 2.17% | 44951 | 23.71 | Equity | Capital Goods - Electrical Equipment |
Peer Comparison
| Scheme Name | Value Research | Asset Size (Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| AXIS Innovation Fund - Direct (G) | 1091.24 | 0.18% | -8.86% | -15.42% | 1.30% | 9.74% | |
| HDFC Pharma and Healthcare Fund - Direct (G) | 1634.08 | 2.16% | -6.25% | -5.54% | 24.56% | - | |
| HDFC Pharma and Healthcare Fund - Direct (IDCW) | 1634.08 | 2.16% | -6.25% | -5.54% | 24.56% | - | |
| WhiteOak Capital Pharma and Healthcare Fund-Dir (G) | 303.62 | 1.93% | -7.28% | -5.99% | 23.88% | - | |
| DSP Banking & Financial Services Fund - Dir (G) | 1135.52 | 4.65% | 5.60% | 0.44% | 17.67% | - | |
| DSP Banking & Financial Services Fund - Dir (IDCW) | 1135.52 | 4.12% | 5.07% | -0.06% | 17.08% | - |
List of Schemes under Axis Mutual Fund
News
Axis Mutual Fund announces change in Key Personnel
Axis Mutual Fund has announced that Mr. Namrata Chirag Shah has been appointed as an Chief Risk Officer Axis Asset Management Company Limited ('Axis AMC') with effect from March 18, 2025.Details of Mr. Namrata Chirag Shah
Age: 42 years
Designation: Chief Risk Officer
Qualification: Chartered Accountant, Bcom
Powered by Capital Market - Live News
Axis Mutual Fund announces merger of AXIS Crisil IBX 70:30 CPSE Plus SDL April 2025 Index Fund Merger into AXIS Crisil IBX SDL May 2027 Index Fund
Axis Mutual Fund has approved the merger of AXIS Crisil IBX 70:30 CPSE Plus SDL April 2025 Index Fund Merger into AXIS Crisil IBX SDL May 2027 Index Fund, with effect from 30 April 2025.Powered by Capital Market - Live News
Axis Nifty500 Momentum 50 ETF announces Withdrawal of the NFO
Axis Mutual Fund has announced that the New Fund Offer ('NFO') of Axis Nifty500 Momentum 50 ETF, an Open-Ended Exchange Traded Fund replicating/tracking Nifty500 Momentum 50 TRI ('the Scheme'), was scheduled to open from March 13, 2025 and close on March 18, 2025. It has been decided to withdraw the launch of the NFO of the Scheme.Powered by Capital Market - Live News
Fund House Details & Investment Objective
Date of Incorporation
4 December 2020
Total AUM (Cr)
₹1091.24
AXIS Innovation Fund - Direct (G) is an Sectoral / Thematic-oriented fund from the renowned AMC, Axis Mutual Fund. Launched in 4 December 2020, this fund is managed by Ashish Naik. With assets under management (AUM) worth ₹1,091.24 (Cr), as of 11 April 2025, AXIS Innovation Fund - Direct (G) is categorized as a Sectoral / Thematic within its segment. The fund has generated a return of 13.40% since its launch.
The current NAV of AXIS Innovation Fund - Direct (G) is ₹17.17, as on 11 April 2025. The fund's benchmark index is Nifty 500 TRI. You can invest in AXIS Innovation Fund - Direct (G) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹100 while the minimum lumpsum investment is ₹100.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
If redeemed / switched-out within 12 months - For 10% of investment: Nil For remaining investment: 1% If redeemed/switched out after 12 months from the date of allotment: Nil The fund has generated 9.74% and undefined% CAGR in the last 3 and 5 years respectively.
The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 79.25% in Equity, 4.32% in Debt and 16.40% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 19.34% in Others, 10.48% in Retailing, 8.53% in Chemicals & Petrochemical, 7.23% in Banks, 6.77% in Automobiles
FAQs
How to Invest in AXIS Innovation Fund - Direct (G) Direct Growth?
AXIS Innovation Fund - Direct (G) is a popular fund in the Sectoral / Thematic segment. The fund has generated a return of 13.40% since inception. Looking to invest in AXIS Innovation Fund - Direct (G) How about earning 1% extra return? All this is possible with m.Stock! Investing in AXIS Innovation Fund - Direct (G) is super easy and convenient with m.Stock. Here’s how you can begin:
- Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage on Mutual Funds, Delivery & IPO.
- In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
- In the search bar, enter the fund name, in this case, AXIS Innovation Fund - Direct (G)
- On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
- If you choose to invest a Lumpsum: Use the Lumpsum Calculator to estimate returns, then enter the investment amount, select the payment mode mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
- If you choose the SIP route: Utilize the SIP Calculator to forecast potential growth, then enter the SIP amount, SIP date, and set up ‘Autopay’ facility.
So, why wait? Invest in AXIS Innovation Fund - Direct (G) today and reap the benefits of this Sectoral / Thematic fund!
How much returns has AXIS Innovation Fund - Direct (G) Direct Growth generated?
What is the expense ratio of AXIS Innovation Fund - Direct (G) Direct Growth?
What is the AUM of AXIS Innovation Fund - Direct (G) Fund Direct Growth?
How to redeem or withdraw money from AXIS Innovation Fund - Direct (G) Direct Growth?
Redeeming or selling units of AXIS Innovation Fund - Direct (G) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.
To redeem from AXIS Innovation Fund - Direct (G):
- Login to your m.Stock account
- In portfolio, your mutual fund investments will be visible under ‘MF’
- Select the fund you wish to redeem from (in this case AXIS Innovation Fund - Direct (G)).
- Click on ‘Redeem’ button
- You have 2 options – redeem by units and redeem by value (you can only redeem free units)
- Select units to be redeemed and click on submit.
- Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).