Axis Mutual Fund · Equity · Sectoral / Thematic · Direct plan
Axis Innovation Fund - Direct Plan - Growth
₹22.18NAV on 30 Oct 2026Expense ratio 1.35%
29 Oct 2025NAV low 17.77 · high 23.81+7.5%
In plain words
Over 3 years it returned +18.0% a year, against +7.4% for its benchmark index.
Its worst fall from a peak in the last 3 years was -19.4%.
On 3-year return it ranks 34 of 139 funds in Sectoral / Thematic.
A monthly SIP over 5 years ended ₹24,727 higher in the direct plan than the regular plan, because of the lower expense ratio.
Past returns, not a promise of future returns or a recommendation.
Returns vs benchmark
| Period | Fund | Benchmark |
|---|---|---|
| 1 month | -3.1% | +1.9% |
| 3 months | +2.2% | -5.1% |
| 6 months | +9.3% | -3.2% |
| 1 year | +7.7% | -10.2% |
| 3 years (yearly) | +18.0% | +7.4% |
| 5 years (yearly) | +10.3% | +6.5% |
| Since start (yearly) | +14.6% | +11.2% |
Monthly SIP of ₹10,000
| Period | Invested | Value now | Yearly return |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,30,572 | +14.7% |
| 3 years | ₹3,60,000 | ₹4,36,855 | +12.4% |
| 5 years | ₹5,90,000 | ₹8,41,600 | +14.0% |
Other plan of this fund: Axis Innovation Fund - Regular Plan - Growth