Axis Innovation Fund

Sectoral / ThematicEquity SEBI-regulated

NAV (Direct-Growth)

₹21.2300

As of 2 Jul 2026 · AMFI

AUM

₹1.2K Cr

Expense ratio

1.30%

1Y returns

+6.47%

3Y CAGR

+16.24%

5Y CAGR

+12.78%

Std deviation 3Y

+14.13%

In plain English

Axis Innovation Fund is a Sectoral / Thematic scheme from Axis. The portfolio is ~98% in equities. Long-run track record: about 12.8% CAGR over 5 years. Volatility is typical for equity — 20–30 % drawdowns happen during market stress. Worst historical drawdown: -24% in Jun 2022, recovered in 15 months. Wrong fit if you need this money in less than 7 years.

Auto-generated from holdings, returns and risk data. No paid placement, no copy-pasted boilerplate.

NAV history

Showing Direct · Growth · INF846K01X71

NAV (Direct-Growth)

₹21.2300

Last 1Y

+7.44%

Jul 25Min ₹17.77 · Max ₹21.23 · 249 ptsJul 26

Drawdown stories

The crashes you should know about — and how long the fund took to recover.

Jun 2022

-23.6%

Peak ₹14.18 on 17 Nov 2021 → trough ₹10.83 on 17 Jun 2022 (7 months down).

Recovered in 15 months· 5 Sept 2023

Apr 2025

-19.4%

Peak ₹20.49 on 23 Sept 2024 → trough ₹16.51 on 7 Apr 2025 (7 months down).

Recovered in 5 months· 17 Sept 2025

Mar 2026

-13.9%

Peak ₹20.64 on 29 Oct 2025 → trough ₹17.77 on 30 Mar 2026 (5 months down).

Recovered in 1 months· 6 May 2026

Computed from the full NAV history. We show drawdowns deeper than 10%, sorted by depth.

Honesty score

A 1–5 grade on the dimensions other sites won't surface — expense bloat, AUM bloat, concentration, mandate compliance.

Honesty score

4 / 5

Solid scheme on the dimensions we check. No red flags.

Expense ratio
1.30% — above the typical 1% for equity.
AUM size
₹1.2K Cr.
Sector concentration
Top 3 sectors = 54.3% — diversified across sectors.

Computed from expense ratio, AUM, sector concentration and SEBI mandate compliance. No paid review.

Performance

Returns for various periods, with category average and peer rank.

Period	Returns	Category avg	Rank
1W	+0.80%	+0.61%n=443	47/ 147
1M	+4.67%	+7.16%n=443	51/ 138
3M	+15.27%	+8.51%n=430	62/ 138
6M	+4.05%	+0.25%n=421	43/ 131
YTD	-0.10%	+0.78%n=428	54/ 135
1Y	+6.47%	+7.70%n=397	53/ 120
2Y	+9.86%	+6.68%n=322	22/ 73
3Y	+18.61%	+18.41%n=248	32/ 53
5Y	+12.78%	+15.97%n=205	25/ 37

Portfolio composition

Asset allocation

Equity97.56%
Cash2.44%

By market cap

Large cap19.28%
Mid cap27.05%
Small cap23.03%
Others30.64%

Concentration

Holdings

Avg market cap

₹1.14 L Cr

Top 10 stocks

31.18%

Top 5 stocks

18.67%

Top 3 sectors

54.26%

Top holdings

Top 15 positions by weight, latest disclosure.

#InstrumentSectorWeight

1
Eternal Ltd
—5.31%
1
Eternal Ltd
—5.31%
2
Billionbrains Garage Ventures Ltd
—4.22%
2
Billionbrains Garage Ventures Ltd
—4.22%
3
One97 Communications Ltd
—3.44%
3
One97 Communications Ltd
—3.44%
4
Lenskart Solutions Ltd
—2.89%
4
Lenskart Solutions Ltd
—2.89%
5
Aether Industries Ltd
—2.81%
5
Aether Industries Ltd
—2.81%
6
FSN E-Commerce Ventures Ltd
—2.69%
6
FSN E-Commerce Ventures Ltd
—2.69%
7
Info Edge (India) Ltd
—2.51%
7
Info Edge (India) Ltd
—2.51%
8
PB Fintech Ltd
—2.47%

Fundamentals (vs category)

Portfolio-weighted ratios, compared with the category average.

MetricFundCategory avgDiff

P/E ratio45.6828.47+17.21
P/B ratio6.954.25+2.70
Price / Sales5.863.21+2.65
Price / Cash Flow31.0219.97+11.05
Dividend yield0.23%1.23%-1.00
Return on equity (ROE)15.10%18.47%-3.37

Risk metrics

Standard deviation, Sharpe, Sortino, Beta — all vs category average.

Metric1Y3Y5YCat 1YCat 3YCat 5Y

Standard deviation
Volatility — lower means steadier returns.
12.6014.1314.41———
Sharpe ratio
Risk-adjusted return — higher is better.
0.040.670.50———
Sortino ratio
Like Sharpe but only counts downside volatility.
0.081.130.81———
Beta
1 = moves with the market. <1 = less volatile.
——————

Peers in Sectoral / Thematic

Other schemes in the same SEBI category, ranked by AUM.

Peer fundAUM1Y3Y CAGRExpense

Peers in same SEBI category, ranked by AUM. Compare any →

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