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Axis Innovation Fund

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Why Invest in Equity Funds?

Equity

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Overview

Benefits

Thematic funds target specific segments of markets

Gives investors greater control over investment strategies

Access to companies which are best suited to grasp the opportunities & manage the challenges

Disruptive growth is an opportunity for investors to capture significant value creation

Capture opportunities in both domestic & global markets*

Leveraging Schroders global expertise in identifying opportunities globally

Meaningful exposure to themes that may not be available in generic diversified funds

Can complement existing exposures through a potentially high growth strategy

An ideal investment vehicle for investors with a 5-year investment horizon

Investment 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.

Entry Load, Exit Load & Tax

If redeemed / switched-out within 12 months
For 10% of investment Nil
For remaining investment 1%
Tax implication

Minimum Investment

This product is suitable for investors who are seeking*

  • Capital appreciation over long term.
  • Investment in stocks based on Innovation theme.
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them
Axis Innovation Fund
Nifty 500 TRI

Fund Manager

Mr. Ashish Naik
View Details
Ms. Krishnaa N
View Details

Performance

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SIP
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Returns Over The Years

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Performance of Axis Innovation Fund - Direct Growth as of February 28, 2026

Nifty 500 TRICurrent Value of Rs.10,000 Invested
Annualised(%)Nifty 500 TRI
Benchmark(%)
Nifty 50 TRI
Additional Benchmark(%)
Annualised(₹)Nifty 500 TRI
Benchmark(₹)
Nifty 50 TRI
Additional Benchmark(₹)
Since Inception
2020-12-24
13.38%15.98%13.71%19,17021,55119,455
5 Years
12.89%14.86%12.93%18,34520,00618,379
3 Years
17.46%17.97%14.64%16,20516,42015,066
1 Year
11.68%17.68%15.12%11,16511,76211,507

Performance of SIP

SIP InvestmentsTotal Amount InvestedMarket Value
(As on 2026-02-27)
Returns
(Annualised)
Benchmark Returns
(Annualised)
Additional Benchmark Returns
(Annualised)
Benchmark Market ValueAdditional Benchmark Market Value
Since Inception
24 Dec 2020
6,30,0008,24,278.7810.20%13.05%11.30%8,87,999.828,48,453.10
5 Years
6,00,0007,70,766.199.98%12.71%11.04%8,24,630.957,91,191.81
3 Years
3,60,0004,09,135.838.53%10.47%9.28%4,20,896.524,13,671.83
1 Year
1,20,0001,18,938.93-1.66%5.49%4.67%1,23,472.271,22,959.96

Fund Quants

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Portfolio

information

Asset Cap Mix

Portfolio Summary

No. of stocks
10
Top 10 Stocks (%)
31.1%
Top 5 Stocks (%)
19.23%
Top 3 Stocks (%)
13.52%

Holdings

Stocks% of holdings
Eternal Limited5.3
Billionbrains Garage Ventures Ltd4.26
One 97 Communications Limited3.96
Lenskart Solutions Limited2.89
FSN E-Commerce Ventures Limited2.82
Info Edge (India) Limited2.71
PB Fintech Limited2.37
Aether Industries Limited2.33
Black Buck Ltd2.25
Bajaj Finserv Limited2.21

IDCW

Record DateOptionIDCW (Per Unit)NAV (Per Unit)
Individuals/HUFOthersCum IDCWEx- IDCW
2025-03-11Dividend1.541.5417.1315.59

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Documents

Presentation

Schemes pdf

Leaflet

Schemes pdf

SID

Schemes pdf

KIM

Schemes pdf

Frequently asked questions

Should Axis Innovation Fund be part of a long-term portfolio strategy?

Axis Innovation Fund may form part of a long-term portfolio strategy for investors seeking diversification and exposure to innovation-driven growth, while maintaining appropriate allocation based on risk profile and financial goals. *The Stocks mentioned above are used to explain the concept and is for illustration purpose only and should not be used for development or implementation of any investment strategy. It should not be construed as investment advice to any party. The stocks may or may not be part of our portfolio/strategy/ schemes.

What makes Axis Innovation Fund different from other thematic funds?

Axis Innovation Fund differs by following a broad innovation theme, investing across sectors and market caps, rather than being restricted to a single industry, making it more diversified compared to narrowly focused thematic funds.

How does Axis Innovation Fund help diversify a portfolio?

The fund adds exposure to innovation-driven themes that may not be fully represented in traditional diversified or index funds, helping investors diversify their portfolio beyond conventional investment styles.

What market capitalisation does Axis Innovation Fund invest in?

Axis Innovation Fund follows a multi-cap approach. It can invest across large-cap, mid-cap and small-cap companies, allowing flexibility to capture innovation opportunities across different stages of business growth.

What is the benchmark for Axis Innovation Fund?

Axis Innovation Fund is benchmarked against the NIFTY 500 TRI, which represents a broad market index covering large, mid and small-cap companies across sectors.

What is the investment objective of Axis Innovation Fund?

The investment objective of Axis Innovation Fund is to To generate long term capital appreciation by investing in equity & equity related securities of companies that are benefiting from innovative change (innovators, enablers, adaptors). There is no assurance that the investment objective of the Scheme will be achieved.

Is Axis Innovation Fund only a technology fund?

No. Axis Innovation Fund is not limited to technology stocks. It may invest across multiple sectors such as finance, manufacturing, healthcare, consumer services and energy, provided innovation is a key driver of the company’s growth.

Does Axis Innovation Fund invest in global companies?

Yes, Axis Innovation Fund may invest in global innovation-led companies, subject to regulatory limits. This provides access to global innovation trends alongside domestic opportunities.

Is Axis Innovation Fund a high-risk fund?

Being a thematic equity fund, Axis Innovation Fund may experience higher volatility compared to diversified equity funds. It is best suited for investors with a higher risk appetite and a long-term investment perspective.

Can investors invest in Axis Innovation Fund through SIP?

Yes. Investors can invest in Axis Innovation Fund through Systematic Investment Plans (SIP) as well as lump-sum investments, subject to scheme terms and conditions.

How does innovation investing support long-term growth?

Innovation investing focuses on companies driving change through new technologies, processes and business models. Such companies can benefit from structural growth trends, making innovation an important driver of long-term wealth creation.

What role does India’s digital adoption play for Axis Innovation Fund?

India’s rapid adoption of digital technologies such as UPI, cloud computing, AI and digital platforms creates strong growth opportunities for innovation-led companies, which Axis Innovation Fund aims to capture over the long term.

What does Axis Innovation Fund invest in?

The fund invests in innovation-led companies across sectors and market capitalisations. These include businesses driven by technology, digital platforms, automation, clean energy, healthcare* and other emerging growth themes, in India and globally within permitted limits.

Should Axis Innovation Fund replace existing investments?

No. Axis Innovation Fund is designed to complement existing investments by adding innovation-focused exposure, rather than replacing traditional diversified or index allocations.

What should investors keep in mind before investing?

Investors should assess their risk appetite, investment horizon and overall portfolio allocation before investing. As with all equity funds, returns are market-linked and past performance may or may not be sustained in the future.

Is Axis Innovation Fund the best innovation mutual fund to invest in?

Axis Innovation Fund can be among the best innovation mutual fund options for investors seeking long-term exposure to innovation themes, provided it aligns with their risk appetite, investment horizon, and overall portfolio allocation.

Which is the best innovation fund for long-term investment in India?

There is no single best fund for everyone. Axis Innovation Fund may be suitable for long-term investors looking to add innovation-driven growth exposure alongside traditional investments, with a recommended horizon of five years or more.

Is Axis Innovation Fund a good investment option in 2026?

Axis Innovation Fund may be considered a relevant investment option in 2026 for investors with a long-term view, as innovation-led sectors such as digital platforms, fintech, clean energy* and automation continue to drive structural economic growth.

Why should investors consider innovation funds in 2026?

Innovation funds may be relevant in 2026 as economies continue to adopt digital technologies, AI, clean energy and new business models, creating long-term growth opportunities beyond traditional market segments.

Can Axis Innovation Fund help investors prepare for future growth?

Yes. Axis Innovation Fund focuses on companies benefiting from innovation and disruption, which may help investors position their portfolio for future growth trends driven by technology adoption and changing consumer behaviour.

How does Axis Innovation Fund compare with traditional equity or index funds?

Unlike traditional equity or index funds, Axis Innovation Fund focuses on innovation-led themes. It can complement existing investments by adding exposure to future-oriented businesses that may not be fully represented in broad market indices.

Is Axis Innovation Fund suitable for SIP investment in 2026?

Yes. Axis Innovation Fund allows investment through SIP, which may help investors systematically participate in innovation-led growth over time, especially for long-term goals extending into 2026 and beyond.

Is Axis Innovation Fund suitable for long-term investors?

Yes. Axis Innovation Fund is suitable for investors with a long-term investment horizon, typically five years or more, who are comfortable with equity market volatility and want exposure to future growth themes.

What is Axis Innovation Fund?

Axis Innovation Fund is an open-ended equity scheme that invests in companies benefiting from innovation, disruption and evolving business models. It aims to capture long-term growth opportunities created by technological and structural changes in the economy.

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Statutory Details: Axis Mutual Fund has been established as a Trust under the Indian Trusts Act, 1882, sponsored by Axis Bank Ltd. (liability restricted to Rs.1 lakh).Trustee: Axis Mutual Fund Trustee Ltd. Investment Manager: Axis Asset Management Co. Ltd. (the AMC).Risk Factors: Axis Bank Ltd. is not liable or responsible for any loss or shortfall resulting from the operation of the scheme. Past performance may or may not be sustained in future. Please consult your financial advisor before investing.