Axis Innovation Fund Regular Growth

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Equity
Equity - Other
Rating N.A.
Plan

16.74 +0.15 (0.90%) NAV as on 17 Apr, 2025

5D
1M
6M
1Y
5Y
MAX

Key Metrics

AUM (in Cr)1091.24
CAGR 5.95%
Exit Load1.00%
Expense ratio2.29%
CategoryEquity
Min Investment100
Min SIP100
Launch Date2020-12-18

Asset Allocation

Holdings As On - 19 April 2025

Holdings

Sectors

Name
Value (Cr)
Holding %

Icici Bank
42.48
3.89%

Clearing Corporation Of India Ltd
42.21
3.87%

Hdfc Bank
41.74
3.82%

Reliance Industries
29.52
2.70%

Eternal
29.16
2.67%

Torrent Power
26.51
2.43%

Pidilite Industries
26.18
2.40%

Info Edge India
25.81
2.36%

Linde India
25.17
2.31%

Peer Comparison

Fund Name
Tata Resources & Energy Fund Regular Growth5%
Axis Innovation Fund Regular Growth5.95%
Quant Business Cycle Fund Regular Growth-3.54%
Baroda BNP Paribas Manufacturing Fund Regular Growth0%
Mahindra Manulife Business Cycle Fund Regular Growth5.46%

Risk & Volitility

Alpha 0.00%
Beta 0.00
Sharpe Ratio0.26
Std Deviation 14.39%
Tracking Error 0.00%

About Fund

To generate long term capital appreciation by investing in equity & equity related securities of companies that are benefiting from innovative change (innovators, enablers, adaptors).

The Axis Innovation Fund Regular Growth has an AUM of 1091.24 crores & has delivered CAGR of 0.00% in the last 5 years. The fund has an exit load of 1.00% and an expense ratio of 2.29%. The minimum investment in Axis Innovation Fund Regular Growth is Rs 100 and the minimum SIP is Rs 100.

As per morningstar the risk & return rating of the fund are Medium & Moderate respectively.

The top holdings of the fund include Icici Bank, Clearing Corporation Of India Ltd, Hdfc Bank & Reliance Industries.

The major sectors where the fund is invested are Chemical Manufacturing, Regional Banks, Biotechnology & Drugs & Software & Programming.

Some of the similar funds are Tata Resources & Energy Fund Regular Growth, Axis Innovation Fund Regular Growth, Quant Business Cycle Fund Regular Growth, Baroda BNP Paribas Manufacturing Fund Regular Growth, Mahindra Manulife Business Cycle Fund Regular Growth. Axis Innovation Fund Regular Growth has a sharpe ratio of 0.26 & a standard deviation of 14.39%.