Mutual Fund

Fund Card

Axis Innovation Fund-Reg(G)

very highequity

18.43 -0.34(-1.81%) NAV as on 20 Dec 2024

2.9 % 1 M

31.55 % 1 Y

12.73 % 3 Y

Growth Chart of the Scheme vis a vis benchmark (SIP value 10,000)

FUND 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.

SCHEME DETAILS

Expenses Ratio :

2.22

As on 30 Nov, 2024

Age :

3 yrs 11 m

Since 24 12 ,2020

Exit Load :

AUM :

1,233.51 Crs

Lock-in :

Nil for 10% of investment and 1% for remaining investment on or before 12M, Nil after 12M

Investing Style :

Large Growth

Portfolio Price To Book Value :

11.8

Min. Investment :

SIP 100 & Lumpsum 100

Scheme Benchmark :

Fund Manager :

Ashish Naik,Krishnaa N

LATEST ASSET & PORTFOLIO ALLOCATION

as on Nov 30 ,2024

Debt 0.40 %

Others 2.66 %

Equity 96.93 %

TOP HOLDINGS

Zomato Ltd.3.73 %

Info Edge (India) Ltd.3.59 %

ICICI Bank Ltd.3.32 %

HDFC Bank Ltd.2.96 %

Dixon Technologies (India) Ltd.2.82 %

See All Holding

ALLOCATION BY MARKET CAP

ALLOCATION BY SECTOR

e-Commerce	6.67
Pharmaceuticals & Drugs	6.47
Bank - Private	6.28
Chemicals	6.16
BPO/ITeS	4.91

See All Sectors

5-YEARS HISTORY

Financial Year	2020-2021	2021-2022	2022-2023	2023-2024
NAV in Rs (as on 31-Mar-2024)	10.33	12.65	11.40	15.57
Net Assets(Rs Crores) (as on 31-Mar-2024)	2287.03	2162.29	1331.37	1202.39
Scheme Returns(%)(Absolute)	3.30	20.94	-10.24	35.27
B'mark Returns(%)(Absolute)	NA	NA	NA	NA
Category Rank	46/47	17/57	55/61	42/82

RISKOMETER Level of Risk in the Scheme

Investors understand that their principal will be at very high risk

PERFORMANCE COMPARISON WITH SIMILAR SCHEMES

Axis Innovation Fund-Reg(G)Very HighEquity18.43-0.34(-1.81%)NAV As on 20 Dec, 2024	24-Dec-2020Inception Date	1,233.51AUM In Cr.	31.55%1Y	12.73%3Y	NA%5Y	16.55%Since Inception
Invesco India PSU Equity Fund(G)Very HighEquity60.57-1.52(-2.45%)NAV As on 20 Dec, 2024	18-Nov-2009Inception Date	1,344.86AUM In Cr.	33.71%1Y	34.91%3Y	27.14%5Y	12.67%Since Inception
Franklin India Opportunities Fund(G)Very HighEquity249.67-4.60(-1.81%)NAV As on 20 Dec, 2024	21-Feb-2000Inception Date	5,904.85AUM In Cr.	41.69%1Y	29.33%3Y	27.67%5Y	13.83%Since Inception
ICICI Pru India Opp Fund(G)Very HighEquity33.38-0.47(-1.39%)NAV As on 20 Dec, 2024	15-Jan-2019Inception Date	24,785.97AUM In Cr.	25.73%1Y	27.38%3Y	26.14%5Y	22.52%Since Inception
Quant Quantamental Fund-Reg(G)Very HighEquity21.97-0.36(-1.63%)NAV As on 20 Dec, 2024	30-Apr-2021Inception Date	2,345.99AUM In Cr.	20.24%1Y	27.15%3Y	NA%5Y	24.11%Since Inception

e-Commerce	6.67
Pharmaceuticals & Drugs	6.47
Bank - Private	6.28
Chemicals	6.16
BPO/ITeS	4.91
Electric Equipment	4.89
Automobiles - Passenger Cars	4.51
Consumer Durables - Electronics	3.91
IT - Software	3.80
Power Generation/Distribution	3.72