Fund Manager
Mr. Ashish Naik, Ms. Krishnaa N
Benchmark
Nifty 500 TRI
Category
Equity: Thematic-Innovation
Fund House
Axis Mutual Fund
NAV (as on 11-09-2026)
₹ 21.97
AUM (as on 31-08-2026)
₹ 1,356.31 Cr
Return (Since Inception)
▲ 14.75%
Inception Date
Dec 05, 2020
Expense Ratio
TER: 2.28%
Fund Status
Open Ended Scheme
Min. Investment
₹ 100
Min. Topup
₹ 100
Min. SIP Amount
₹ 100
Risk Status
Very High
| Metric / Fund | 1 Mon | 3 Mon | 6 Mon | 1 Yr | 3 Yrs | 5 Yrs | 10 Yrs |
|---|---|---|---|---|---|---|---|
| Equity: Thematic-Innovation | 0.05 | 13.33 | 21.19 | 9.12 | 16.21 | 12.56 | 0.00 |
| Fund | 2.90 | 19.40 | 25.97 | 15.33 | 16.06 | 11.03 | 0.00 |
| Nifty 500 TRI | -3.28 | 3.71 | 3.40 | 0.38 | 10.51 | 10.21 | 12.93 |
| Number of Funds within Category | 13 | 13 | 13 | 12 | 4 | 2 | - |
| Rank within Category | 2 | 2 | 6 | 3 | 3 | 2 | - |
| Asset Class | Allocation (%) |
|---|---|
| Equity | 82.86 |
| Debt | 0.41 |
| Cash & Cash Equivalents | 1.88 |
| International | 14.85 |
| Mean | 17.42 |
| Sharpe Ratio | 0.83 |
| Alpha | 5.41 |
| Beta | 0.82 |
| Standard Deviation | 14.89 |
| Sortino | 1.45 |
| Scheme Axis Innovation Fund Reg Gr | Benchmark Nifty 500 TRI | Additional Benchmark NIFTY 50 | Category Average | |||||
|---|---|---|---|---|---|---|---|---|
| Period | Returns | Value of ₹10,000 | Returns | Value of ₹10,000 | Returns | Value of ₹10,000 | Returns | Value of ₹10,000 |
| 1 Year | 15.33 % | ₹11,533 | 0.38 % | ₹10,038 | 4.96 % | ₹10,496 | 9.12 % | ₹10,912 |
| 3 Year | 16.86 % | ₹15,959 | 10.51 % | ₹13,495 | 7.04 % | ₹12,265 | 16.21 % | ₹15,694 |
| 5 Year | 11.03 % | ₹16,874 | 10.21 % | ₹16,260 | 7.47 % | ₹14,337 | 12.56 % | ₹18,069 |
| 10 Year | 0.00 % | ₹10,000 | 12.93 % | ₹33,736 | 11.56 % | ₹29,860 | 0.00 % | ₹10,000 |
| Since inception | 14.75 % | ₹22,831 | 12.05 % | ₹19,792 | 13.08 % | ₹11,308 | 14.38 % | ₹11,438 |
Measures fund risk and relative volatility against Nifty 500 TRI (Green to Red scale).
Exhibits ~18% lower market volatility than Nifty 500 TRI. Provides downside protection during corrections.
Volatility: 14.89%
Risk: Very High (β: 1.00)
Principal will be at very high risk. Evaluated in accordance with SEBI risk-o-meter guidelines and compared against Nifty 500 TRI to assess portfolio aggression.
| 3 Year | 5 Year | 10 Year | 15 Year | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scheme Name | Invested Amt | Current Value | XIRR (%) | Invested Amt | Current Value | XIRR (%) | Invested Amt | Current Value | XIRR (%) | Invested Amt | Current Value | XIRR (%) |
| Axis Innovation Fund Reg Gr | ₹3,60,000 | ₹4,54,449 | 16.61 | ₹6,00,000 | ₹8,83,350 | 15.95 | - | - | - | - | - | - |
| NIFTY 50 TRI | ₹3,60,000 | ₹3,65,370 | 1.02 | ₹6,00,000 | ₹6,98,779 | 6.23 | ₹12,00,000 | ₹21,07,749 | 11.02 | ₹18,00,000 | ₹46,12,643 | 11.74 |
| Equity: Thematic-Innovation | ₹3,60,000 | ₹4,34,328 | 13.23 | ₹6,00,000 | ₹8,97,453 | 16.62 | - | - | - | - | - | - |
Mutual fund investments are subject to market risks, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
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