Why Invest in Equity Funds?
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 20% of investment | Nil |
| For remaining investment | 1% |
| If redeemed / switched-out after 12 months | |
| For 20% of investment | Nil |
Minimum Investment
This product is suitable for investors who are seeking*
- Capital appreciation over long term.
- Investment in stocks based on Innovation theme.
Fund Manager
Performance
Returns Calculator
Returns Over The Years
Performance of Axis Innovation Fund - Direct Growth as of April 07, 2026
| Nifty 500 TRI | Current 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 | 11.54% | 13.08% | 10.92% | 17,770 | 19,102 | 17,256 |
| 5 Years | 11.35% | 11.88% | 10.01% | 17,119 | 17,531 | 16,113 |
| 3 Years | 14.62% | 13.22% | 10.03% | 15,059 | 14,513 | 13,320 |
| 1 Year | 1.02% | -2.87% | -3.97% | 10,102 | 9,712 | 9,601 |
Performance of SIP
| SIP Investments | Total Amount Invested | Market Value (As on 2026-03-30) | Returns (Annualised) | Benchmark Returns (Annualised) | Additional Benchmark Returns (Annualised) | Benchmark Market Value | Additional Benchmark Market Value |
|---|---|---|---|---|---|---|---|
| Since Inception 24 Dec 2020 | 6,40,000 | 7,73,069.40 | 7.03% | 8.13% | 6.47% | 7,96,073.64 | 7,61,545.84 |
| 5 Years | 6,00,000 | 7,07,743.89 | 6.56% | 7.38% | 5.81% | 7,22,442.22 | 6,94,710.55 |
| 3 Years | 3,60,000 | 3,73,981.62 | 2.50% | 1.38% | 0.48% | 3,67,646.42 | 3,62,650.79 |
| 1 Year | 1,20,000 | 1,09,307.71 | -16.25% | -18.16% | -18.42% | 1,08,014.76 | 1,07,835.63 |
Fund Quants
Portfolio
Asset Cap Mix
Portfolio Summary
Holdings
| Stocks | % of holdings |
|---|---|
| Eternal Limited | 5.3 |
| Billionbrains Garage Ventures Ltd | 4.26 |
| One 97 Communications Limited | 3.96 |
| Lenskart Solutions Limited | 2.89 |
| FSN E-Commerce Ventures Limited | 2.82 |
IDCW
| Record Date | Option | IDCW (Per Unit) | NAV (Per Unit) | ||
|---|---|---|---|---|---|
| Individuals/HUF | Others | Cum IDCW | Ex- IDCW | ||
| 2025-03-11 | Dividend | 1.54 | 1.54 | 17.13 | 15.59 |
Outlook
Similar Funds
Documents
Presentation
Leaflet
SID
KIM
Frequently asked questions
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.
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.
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.
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.
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.
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.
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.
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.
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 companys growth.
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.
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.
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.
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 sector mentioned herein are for general assessment purpose only and not a complete disclosure of every material fact. It should not be construed as investment advice to any party. The schemes may or may not have any investments in stocks under these sectors.
No. Axis Innovation Fund is designed to complement existing investments by adding innovation-focused exposure, rather than replacing traditional diversified or index allocations.
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.
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.
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.
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.
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.
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.
Indias 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.
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.
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.
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.
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