Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.
Axis Innovation Fund - Direct Plan - Growth Option
Axis Mutual Fund · Equity · Thematic Fund
₹23.44
AUM: —
NAV updated 18 days ago
Plan
Direct
Option
Growth
Risk
Very High
Sharpe Ratio
0.93
Std Dev (1Y)
14.12%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+3.63%
3m
+16.62%
6m
+26.36%
1y
+15.98%
3y
+18.0%
5y
+12.24%
10y
—
since inception
+16.07%
TopFund's Take on Axis Innovation Fund - Direct Plan - Growth Option
Axis Innovation Fund - Direct Plan - Growth Option is a Thematic Fund fund from Axis Mutual Fund.
Cost: Expense ratio data for this fund isn't available yet.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a moderate Sharpe ratio of 0.93 — decent risk-adjusted performance, without being exceptional. Separately, annualised volatility of 14.12% is fairly typical for Thematic Fund funds.
Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Equity fund. Given the Very High risk rating, this fund is not suited to short-term goals or investors who may need to exit within 2-3 years.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
Sector Allocation
Sector allocation not available yet.
Asset Allocation
Asset allocation not available yet.
Fund Snapshot
Tools & Guides for This Fund
Frequently Asked Questions about Axis Innovation Fund - Direct Plan - Growth Option
The current NAV (Net Asset Value) of Axis Innovation Fund - Direct Plan - Growth Option is ₹23.44. NAV is updated every business day after market close by AMFI.
1Y: 15.98% · 3Y CAGR: 18.0% · 5Y CAGR: 12.24%
Expense ratio data for Axis Innovation Fund - Direct Plan - Growth Option is not yet available.
Axis Innovation Fund - Direct Plan - Growth Option is managed by Axis Mutual Fund.
Axis Innovation Fund - Direct Plan - Growth Option is classified as a Very High risk fund. It is suitable for aggressive investors with a long-term horizon of 5+ years.
Axis Innovation Fund - Direct Plan - Growth Option is a Thematic Fund fund. SIP suitability depends on your investment goal and risk profile.
You can start a SIP in Axis Innovation Fund - Direct Plan - Growth Option with as little as ₹500 per month through most mutual fund platforms. The minimum lump sum investment is typically ₹1,000.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.
Discussion
User-generated content — not investment advice, and not verified or endorsed by TopFund.
No comments yet — start the discussion.