Axis Innovation Fund (Direct)
Axis Mutual Fund · benchmark Nifty 500 TRI · 5.9 years old · AMFI code 148634
B (middle of the peer group), score 59.5 out of 100. Describes the past, not a forecast.
Returns against the index
| Period | Fund | Index (TRI) | Difference | Rank in category |
|---|---|---|---|---|
| 6 months | 12.2% | 2.5% | +9.7% | 27 / 106 |
| 1 year | 12.6% | -1.0% | +13.6% | 18 / 100 |
| 3 years (a year) | 18.6% | 12.0% | +6.6% | 16 / 50 |
| 5 years (a year) | 10.9% | 9.7% | +1.2% | 16 / 32 |
Growth option, point to point to 5 Nov 2026; periods over a year are annualised (CAGR). Index returns use the total-return index, which includes dividends.
Risk
Portfolio
Top 10 holdings, September 2026 portfolio.
Common questions
What is the NAV of Axis Innovation Fund (Direct plan)?
₹22.96 on 5 Nov 2026 (Growth option).
What is the expense ratio of Axis Innovation Fund (Direct)?
1.36% a year; the Regular plan's is 2.28%.
What return has Axis Innovation Fund given over 3 years?
18.6% a year (Direct plan) over the 3 years to 5 Nov 2026, against 12.0% for the Nifty 500 total-return index.
What does Axis Innovation Fund invest in?
Its largest holdings are Eternal Limited, One 97 Communications Limited, Ather Energy Limited, with 77 stocks in all (September 2026 portfolio).
How is Axis Innovation Fund rated?
B: 17 of 49 Direct plans in Thematic: Other Themes, on its track record. This describes the past and is not a recommendation.
Data as of 5 Nov 2026: NAVs from AMFI, index data from NSE Indices, portfolios from Axis Mutual Fund's monthly disclosure. Updated every weekday. Read the scheme documents before investing.