AN
Ashish NaikLead
Since Dec 2020
AUM managed
₹38,809.49Cr
Tenure
Since Dec 2020
Funds
4
Axis Innovation Reg Gr
Sectoral/ ThematicAxis Mutual Fund
NAV
₹21.19
-0.66% today
AUM
₹1,362.59 Cr
Fund size
Expense
2.28%
Regular plan
Min SIP
₹100
per month
Min Lumpsum
₹100
one-time
Exit Load
1.0
on redemption
Fund snapshot
Category rank--
Risk-o-meterVery High Risk
BenchmarkNifty 500 TR INR (100%)
Number of holdings75
Inception18 Dec 2020
Exit load1.0
Risk metrics
Alpha0
Beta0
Sharpe ratio0.73
Standard deviation18.41%
Sortino ratio1.51
Capital gains tax
Equity
STCG · short-term
20%Short-term gains taxed at 20%
Applies when equity fund units are sold within 12 months.
LTCG · long-term
12.5%Long-term gains taxed at 12.5%
Applies when equity fund units are sold after 12 months.
Equity-oriented mutual fund taxation applies based on holding period.
Fund managers
KN
Since Mar 2024
AUM managed
₹1,64,778.67Cr
Tenure
Since Mar 2024
Funds
24
About Axis Innovation Reg Gr
Axis Innovation Reg Gr is an open-ended Sectoral/ Thematic mutual fund scheme offered by Axis Mutual Fund under the regular plan with the growth option. Its latest net asset value (NAV) is ₹21.19 per unit and the scheme manages ₹1,362.59 Cr in assets under management. The fund charges an expense ratio of 2.28% and is benchmarked against Nifty 500 TR INR (100%). Over the trailing 5 years, Axis Innovation Reg Gr has delivered +8.92% returns. SEBI's riskometer places this scheme in the Very High Risk category, so read the scheme information document before investing.
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).
Regular Plan · Growth option · NAV as of 14 Oct 2026
Axis Innovation Reg Gr returns
| Period | Fund |
|---|---|
| 1 month | -3.55% |
| 3 months | +5.27% |
| 6 months | +16.88% |
| 1 year | +11.64% |
| 3 years | +16.30% |
| 5 years | +8.92% |
Rolling returns
| Period | Fund |
|---|---|
| 3 months | +15.51% |
| 6 months | +22.01% |
| 1 year | +18.76% |
| 3 years | +62.95% |
| 5 years | +70.31% |
Past performance is not indicative of future returns. Mutual fund investments are subject to market risks; read all scheme related documents carefully.
Axis Innovation Reg Gr — frequently asked questions
What is the NAV of Axis Innovation Reg Gr?
The latest net asset value (NAV) of Axis Innovation Reg Gr is ₹21.19 per unit, -0.66% over the previous trading day. NAV is declared by the AMC at the end of every business day.
What returns has Axis Innovation Reg Gr delivered?
Axis Innovation Reg Gr has returned +8.92% over the trailing 5 years (1 year: +11.64%, 3 years: +16.30%). Returns beyond one year are annualised. Past performance does not guarantee future returns.
What is the expense ratio of Axis Innovation Reg Gr?
Axis Innovation Reg Gr charges an expense ratio of 2.28% per annum. The expense ratio is deducted from the scheme's assets, so the NAV you see is already net of it.
How risky is Axis Innovation Reg Gr?
SEBI's riskometer classifies Axis Innovation Reg Gr as Very High Risk, which is typical for a Sectoral/ Thematic scheme. Match the scheme's risk level to your own risk tolerance and investment horizon before investing.
What is the minimum investment in Axis Innovation Reg Gr?
You can start a SIP in Axis Innovation Reg Gr from ₹100 per month, and the minimum lumpsum investment is ₹100.
Who manages Axis Innovation Reg Gr?
Axis Innovation Reg Gr is managed by Axis Mutual Fund, holds ₹1,362.59 Cr in assets under management and invests across 75 holdings. This page covers the regular plan with the growth option.
Scheme identifiers
- Fund house
- Axis Mutual Fund
- Scheme category
- Equity
- Scheme sub-category
- Sectoral/ Thematic
- Plan
- Regular plan
- Option
- Growth
- ISIN
- INF846K01Y05
- Scheme code
- FS0000GGBT