Axis Innovation Fund - Regular Plan - Growth Option
| Category: Equity: Thematic-Others |
| Launch Date: 05-12-2020 |
| Asset Class: Equity |
| Benchmark: NIFTY 500 TRI |
| Expense Ratio: 2.22% As on (30-11-2024) |
| Status: Open Ended Schemes |
| Minimum Investment: 100.0 |
| Minimum Topup: 100.0 |
| Total Assets: 1,233.87 Cr As on (29-11-2024) |
| Turn over: 39% |
18.77
-0.16 (-0.8524%)
17.09%
NIFTY 500 TRI 12.62%
PERFORMANCE of Axis Innovation Fund - Regular Plan - Growth Option
Scheme Performance (%)
Data as on - 20-12-2024Yearly Performance (%)
Fund Managers
Ashish Naik, Mayank Hyanki, Krishnaa N
Investment Objective
The scheme seeks to generate long-term capital appreciation by investing in mis-priced stocks facing special situations. The mis-pricing of stocks can occur due to companies facing special situations like regulatory/policy changes, management restructuring, technology led disruption and innovation or any temporary challenges in the operating environment.
NAV & Lumpsum details( Invested amount 1,00,000)
| NAV Date | NAV | Units | Market Value |
Returns (%) |
|---|---|---|---|---|
| 28-12-2020 | 10.02 | 9980.0399 | 100000 | 0.0 % |
| 28-01-2021 | 9.92 | - | 99002 | -1.0 % |
| 01-03-2021 | 10.56 | - | 105389 | 5.39 % |
| 30-03-2021 | 10.36 | - | 103393 | 3.39 % |
| 28-04-2021 | 10.81 | - | 107884 | 7.88 % |
| 28-05-2021 | 10.87 | - | 108483 | 8.48 % |
| 28-06-2021 | 11.4 | - | 113772 | 13.77 % |
| 28-07-2021 | 11.82 | - | 117964 | 17.96 % |
| 30-08-2021 | 12.65 | - | 126248 | 26.25 % |
| 28-09-2021 | 13.17 | - | 131437 | 31.44 % |
| 28-10-2021 | 13.45 | - | 134232 | 34.23 % |
| 29-11-2021 | 13.33 | - | 133034 | 33.03 % |
| 28-12-2021 | 13.34 | - | 133134 | 33.13 % |
| 28-01-2022 | 12.44 | - | 124152 | 24.15 % |
| 28-02-2022 | 12.24 | - | 122156 | 22.16 % |
| 28-03-2022 | 12.41 | - | 123852 | 23.85 % |
| 28-04-2022 | 12.12 | - | 120958 | 20.96 % |
| 30-05-2022 | 11.54 | - | 115170 | 15.17 % |
| 28-06-2022 | 11.03 | - | 110080 | 10.08 % |
| 28-07-2022 | 11.92 | - | 118962 | 18.96 % |
| 29-08-2022 | 12.18 | - | 121557 | 21.56 % |
| 28-09-2022 | 11.63 | - | 116068 | 16.07 % |
| 28-10-2022 | 11.71 | - | 116866 | 16.87 % |
| 28-11-2022 | 12.0 | - | 119760 | 19.76 % |
| 28-12-2022 | 11.61 | - | 115868 | 15.87 % |
| 30-01-2023 | 11.35 | - | 113273 | 13.27 % |
| 28-02-2023 | 11.44 | - | 114172 | 14.17 % |
| 28-03-2023 | 11.16 | - | 111377 | 11.38 % |
| 28-04-2023 | 11.91 | - | 118862 | 18.86 % |
| 29-05-2023 | 12.44 | - | 124152 | 24.15 % |
| 28-06-2023 | 12.88 | - | 128543 | 28.54 % |
| 28-07-2023 | 13.26 | - | 132335 | 32.34 % |
| 28-08-2023 | 13.22 | - | 131936 | 31.94 % |
| 29-09-2023 | 13.27 | - | 132435 | 32.44 % |
| 30-10-2023 | 12.93 | - | 129042 | 29.04 % |
| 28-11-2023 | 13.64 | - | 136128 | 36.13 % |
| 28-12-2023 | 14.35 | - | 143214 | 43.21 % |
| 29-01-2024 | 14.48 | - | 144511 | 44.51 % |
| 28-02-2024 | 14.91 | - | 148802 | 48.8 % |
| 28-03-2024 | 15.58 | - | 155489 | 55.49 % |
| 29-04-2024 | 16.11 | - | 160778 | 60.78 % |
| 28-05-2024 | 16.51 | - | 164770 | 64.77 % |
| 28-06-2024 | 17.65 | - | 176148 | 76.15 % |
| 29-07-2024 | 17.87 | - | 178343 | 78.34 % |
| 28-08-2024 | 18.44 | - | 184032 | 84.03 % |
| 30-09-2024 | 19.22 | - | 191816 | 91.82 % |
| 28-10-2024 | 18.22 | - | 181836 | 81.84 % |
| 28-11-2024 | 18.32 | - | 182834 | 82.83 % |
| 20-12-2024 | 18.43 | - | 183932 | 83.93 % |
RETURNS CALCULATOR for Axis Innovation Fund - Regular Plan - Growth Option
Growth of 10000 In SIP (Fund vs Benchmark)
Growth of 10000 In LUMPSUM (Fund vs Benchmark)
Rolling Returns
Rolling returns are the annualized returns of the scheme taken for a specified period (rolling returns period) on every day/week/month and taken till the last day of the duration. In this chart we are showing the annualized returns over the rolling returns period on every day from the start date and comparing it with the benchmark. Rolling returns is the best measure of a fund's performance. Trailing returns have a recency bias and point to point returns are specific to the period in consideration. Rolling returns, on the other hand, measures the fund's absolute and relative performance across all timescales, without bias.
Riskometer
Key Performance and Risk Statistics of Axis Innovation Fund - Regular Plan - Growth Option
| Key Statistics | Volatility | Sharpe Ratio | Alpha | Beta | Yield to Maturity | Average Maturity |
|---|---|---|---|---|---|---|
| Axis Innovation Fund - Regular Plan - Growth Option | 13.48 | 0.37 | -3.9 | 0.91 | - | - |
| Equity: Thematic-Others | - | - | - | - | - | - |
PEER COMPARISION of Axis Innovation Fund - Regular Plan - Growth Option
| Scheme Name | Launch Date |
1-Year Ret (%) |
2-Yrs Ret (%) |
3-Yrs Ret (%) |
5-Yrs Ret (%) |
10-Yrs Ret (%) |
|---|---|---|---|---|---|---|
| Axis Innovation Fund - Regular Plan - Growth Option | 05-12-2020 | 31.17 | 25.91 | 12.35 | 0.0 | 0.0 |
| HDFC Defence Fund - Growth Option | 05-06-2023 | 48.83 | 0.0 | 0.0 | 0.0 | 0.0 |
| Union Innovation & Opportunities Fund - Regular Plan - Growth Option | 06-09-2023 | 44.57 | 0.0 | 0.0 | 0.0 | 0.0 |
| Franklin India Opportunities Fund - Growth | 05-02-2000 | 41.69 | 43.13 | 29.36 | 27.7 | 16.78 |
| HSBC Business Cycles Fund - Regular Growth | 20-08-2014 | 39.77 | 32.67 | 25.85 | 22.96 | 14.39 |
| Quant Momentum Fund - Growth Option - Regular Plan | 20-11-2023 | 32.91 | 0.0 | 0.0 | 0.0 | 0.0 |
| Mahindra Manulife Business Cycle Fund- Regular Plan - Growth | 11-09-2023 | 32.7 | 0.0 | 0.0 | 0.0 | 0.0 |
| ICICI Prudential Innovation Fund - Growth | 05-04-2023 | 32.08 | 0.0 | 0.0 | 0.0 | 0.0 |
| Samco Active Momentum Fund - Regular Plan - Growth Option | 05-07-2023 | 31.88 | 0.0 | 0.0 | 0.0 | 0.0 |
| Kotak Pioneer Fund- Regular Plan- Growth Option | 31-10-2019 | 31.17 | 32.28 | 18.42 | 24.46 | 0.0 |
PORTFOLIO ANALYSIS of Axis Innovation Fund - Regular Plan - Growth Option
Asset Allocation (%)
| Allocation | Percentage (%) |
|---|
Market Cap Distribution
Small Cap
16.5%
Others
20.01%
Large Cap
38.68%
Mid Cap
24.79%
Total
100%
