Axis Innovation Fund
Axis
Axis Innovation Fund NAV
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Axis Innovation Fund overview
Axis Innovation Fund is a mutual fund scheme in the Sectoral/ Thematic category, managed by Axis Mutual Fund. The Direct-Growth plan shown here had a Net Asset Value (NAV) of ₹22.9 as of 11-Aug-2026.
Based on its NAV history, Axis Innovation Fund has delivered +2.14% (1 Month), +1.43% (6 Month), +3.84% (1 Year), +15.29% (3 Year). Past performance does not guarantee future results.
Sectoral and thematic funds concentrate on a single sector or theme. Returns can be strong when that theme performs well, but concentration also raises risk.
Because this is a Direct plan, it carries no distributor commission — its expense ratio is lower and its long-term returns are typically higher than the equivalent Regular plan of the same scheme.
Returns
1 Month
+2.14%
6 Month
+1.43%
1 Year
+3.84%
3 Year (CAGR)
+15.29%
Computed from NAV history (Direct-Growth). Past performance is not indicative of future returns.
Axis Innovation Fund: strengths and trade-offs
What the data supports
- Has compounded at 15.3% a year over the trailing 3-year period — a strong long-horizon record for a sectoral/ thematic.
What to weigh carefully
- The past year (3.8%) has lagged its longer-term average of 15.3% — recent conditions have been less favourable.
Who this may suit
- Investors with a horizon of five years or more who are investing for growth.
- Those who already hold an emergency fund and can leave this money untouched through market falls.
- Those comfortable with a "Very High" risk profile as classified for this category.
- Money you may need within the next two to three years.
These considerations are derived from the figures on this page, not personalised recommendations — your own goals, horizon and tax position should drive any decision. Any single holding should form only part of a diversified portfolio.
Key facts
- Fund house
- Axis Mutual Fund
- Category
- Sectoral/ Thematic
- Plan
- Direct · Growth
- Risk level
- Very High
- Latest NAV
- ₹22.9
- NAV date
- 11-Aug-2026
- AMFI scheme code
- 148634
Plan your investment in Axis Innovation Fund
Estimate what a monthly SIP or a one-time investment in this fund could grow to.
Other Sectoral/ Thematic Funds
Frequently Asked Questions
What is the NAV of Axis Innovation Fund today?
As of 11-Aug-2026, the Net Asset Value (NAV) of Axis Innovation Fund (Direct-Growth plan) is ₹22.9. NAV is declared once per business day by the fund house.
What are the historical returns of Axis Innovation Fund?
Based on NAV history, Axis Innovation Fund has delivered 1 Month +2.14%, 6 Month +1.43%, 1 Year +3.84%, 3 Year +15.29%. Past performance does not guarantee future results.
Which category does Axis Innovation Fund belong to?
Axis Innovation Fund is a Sectoral/ Thematic scheme managed by Axis Mutual Fund.
What is the difference between the Direct and Regular plan?
The Direct plan shown here has a lower expense ratio because it carries no distributor commission, so its NAV and long-term returns are typically higher than the Regular plan of the same fund.
How can I invest in Axis Innovation Fund?
You can invest via SIP or lumpsum through any SEBI-registered platform or directly with Axis Mutual Fund. Use MoneyDock's free SIP and lumpsum calculators to estimate your potential returns first.
NAV data sourced from the Association of Mutual Funds in India (AMFI) daily NAV file. Returns, volatility and drawdown are computed by MoneyDock from that published NAV history for the Direct-Growth plan. For informational purposes only — not investment advice. Mutual fund investments are subject to market risks; read all scheme-related documents carefully.