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AXIS Innovation Fund Growth

Last Updated NAV Date: 18 Sep 2026

3 Year Returns

16.32%

NAV (₹)

21.9200

1 Day NAV Change

2.05%

AXIS Innovation Fund Growth is a scheme from Axis Mutual Fund AMC, launched on 24 Dec 2020 and currently managing ₹ 1362.59 Cr in assets. It sits in the very high risk category on the riskometer, with a minimum SIP of ₹100 and a lump sum of ₹100. The sections below cover its latest NAV, historical returns, portfolio holdings, and expense ratio.

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AXIS Innovation Fund Growth Fund Details

Min. SIP Amount₹ 100
Min. Lumpsum Amount₹ 100
AUM₹ 1362.59 Cr
Expense Ratio2.28%
Lock-in PeriodNo Lock-in Period
Inception Date24 Dec 2020
Fund Age5 Yrs

Exit Load

If redeemed / switched-out within 12 months - For 20% of investment: Nil For remaining investment: 1% If redeemed/switched out after 12 months from the date of allotment: Nil

Fund’s Investment Objective

To generate long term capital appreciation by investing in equity & equity related securities of companies that are benefiting from innovative change (innovators, enablers, adaptors) However, there is no assurance that the investment objective of the Scheme will be achieved.

Calculate Your Mutual Fund Returns

Returns Estimator

Estimation is based on the past performance

Expected Rate of Return

The value of your investment after 5 Years will be

4,12,432

Invested Amount

3,00,000

Est. Returns

1,12,432

Scheme’s Historical Return

1 Month Return0.47%
3 Month Return12.11%
6 Month Return24.59%
1 Year Return11.24%
3 Year Return16.32%
5 Year Return10.24%

Asset Allocation

AUM

₹1,362.59 Cr

Cash Holdings

1.91%

Equity

96.56%

Cash

1.91%

Debt

0.36%

Other

1.16%

AXIS Innovation Fund Growth Sector Holdings

Last Updated: 31 Aug 2026
SectorsAllocationWeightageValue (in Cr.)
E-Commerce/App based Aggregator
27.67%377.026
Chemicals
9.12%124.206
Logistics
6.80%92.669
Others
6.64%90.541
Pharmaceuticals
6.58%89.596
IT - Software
6.01%81.829
Automobile
5.99%81.564
Capital Goods - Electrical Equipment
5.00%68.066
Auto Ancillaries
4.69%63.933
Stock/ Commodity Brokers
4.09%55.759

AXIS Innovation Fund Growth Stock Holdings

Last Updated: 31 Aug 2026
NameAllocationWeightageValue (in Cr.)Sector
Eternal
5.28%71.95E-Commerce/App based Aggregator
One 97
4.13%56.221E-Commerce/App based Aggregator
Ather Energy
3.78%51.55Automobile
Billionbrains
3.42%46.62Stock/ Commodity Brokers
FSN E-Commerce
3.05%41.561E-Commerce/App based Aggregator
Lenskart Solut.
2.93%39.903FMCG
Aether Industri.
2.67%36.414Chemicals
Info Edg.(India)
2.60%35.384E-Commerce/App based Aggregator
PB Fintech.
2.47%33.667E-Commerce/App based Aggregator
Divi's Lab.
2.23%30.396Pharmaceuticals

Fund Manager Details

Equity Analyst - Axis Asset Management Company Ltd. (August 2009 to June 21, 2016) Business Analyst - Goldman Sachs India Securities Ltd. (April 2007 to July 2009) Software Engineer - Hexaware Technologies Ltd. (August 2003 to May 2005> MBA from XLRI, Jamshedpur and B.E. from Mumbai University.

Risk-O-Meter

Very High Risk

Investors understand that their principal will be at Very High Risk

Risk Scale

Low
Moderately Low
Moderate
Moderately High
High
Very High

AMC Information

Axis Mutual Fund

Funds Managed

92

Assets Managed

₹ 3,77,445.09 Cr

Contact Details

Registered Address

One Lodha Place. 22nd & 23rd Floor,Senapati Bapat Marg, Lower Parel, Maharashtra, Mumbai - 400013.

Managing Director

Mr. Gop Kumar Bhaskaran

Chief Executive Officer

Mr. Gop Kumar Bhaskaran

Compliance Officer

Darshan Kapadia

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Disclaimer

The information provided on this page is for informational purposes only and should not be construed as investment advice, recommendation, or solicitation to buy or sell any securities or financial pr...

Frequently Asked Questions

You can withdraw your investment from AXIS Innovation Fund Growth through your mutual fund app, AMC website, or demat or stock broker online account at the applicable NAV.
The minimum investment for AXIS Innovation Fund Growth is ₹ 100 for Lumpsum and ₹ 100 for SIP. You can open a demat account or login to the existing stock broker online account to get started.
AXIS Innovation Fund Growth has a lock-in period of No Lock-in Period. Schemes with a lock-in restrict withdrawals or redemptions for that duration, while schemes with no lock-in allow you to redeem anytime.
The average annualized return of AXIS Innovation Fund Growth over the past three years is 16.32%.
The current NAV of AXIS Innovation Fund Growth is 21.9200.
The Expense ratio of AXIS Innovation Fund Growth is 2.28%. It is an annual charge for running the mutual fund. You can find the same on the factsheet and the Asset Management Companies website.
The latest AUM of the AXIS Innovation Fund Growth fund is ₹ 1362.59 Cr. It represents the total assets held and managed by the fund.
The exit load for AXIS Innovation Fund Growth is If redeemed / switched-out within 12 months - For 20% of investment: Nil For remaining investment: 1% If redeemed/switched out after 12 months from the date of allotment: Nil.
The fund managers of the AXIS Innovation Fund Growth are Ashish Naik, Krishnaa N. However, with management's discretion, the fund manager could also change during the tenure.
AXIS Innovation Fund Growth was launched on 24 Dec 2020. Since then, the fund has formed an NAV (Net Asset Value) of 21.9200.

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