Axis Innovation Fund - Regular Plan - Growth Option
Category: Equity: Thematic-Innovation
Launch Date: 05-12-2020
AUM:
₹ 1,175.06 Cr
Expense Ratio
2.25%
Benchmark
NIFTY 500 TRI
ISIN
INF846K01Y05
Minimum Investment
100.0
Minimum Topup
100.0
Minimum SIP Amount
100
Fund Manager
Mr. Ashish Naik, Ms. Krishnaa N
| Fund Performance | 1Y (%) | 3Y (%) | 5Y (%) |
|---|---|---|---|
| Axis Innovation Fund - Regular Plan - Growth Option | 1.48 | 16.53 | - |
| NIFTY 500 TRI | -1.2 | 16.5 | 20.88 |
If you invested in this fund:
In the past (time duration):
Total value today:
0
Returns:
0%
If you invested in this fund:
In the past (time duration):
Total value today:
0
Returns:
0%
Overview
NAV
19.22
Last change
0.09 (0.4683%)
Fund Size (AUM)
₹ 1,175.06 Cr
Performance
14.8% (Inception)
Asset Allocation
Equity
Debt
Others
Nav Movement
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
Fund Manager
Mr. Ashish Naik, Ms. Krishnaa N
Riskometer
Very High
Top 10 Holdings
| Company | Holdings (%) |
|---|---|
| ICICI BANK LIMITED EQ NEW FV RS. 2/- | 3.76 |
| HDFC BANK LIMITED EQ NEW FV RE. 1/- | 3.71 |
| ZOMATO LIMITED EQ | 2.85 |
| PIDILITE INDUSTRIES LIMITED EQ NEW FV RE.1/- | 2.39 |
| RELIANCE INDUSTRIES LIMITED EQ | 2.24 |
| LINDE INDIA LIMITED EQ | 2.19 |
| India Shelter Finance Corporation Limited | 2.08 |
| Hyundai Motor India Ltd | 2.04 |
| MAHINDRA AND MAHINDRA LIMITED EQ NEW F.V. RS.5 | 1.92 |
| EQ - INFO-EDGE (INDIA) LTD. | 1.9 |
Sector Allocation
| Sector | Holdings (%) |
|---|---|
| Financial Services | 14.86 |
| Capital Goods | 12.22 |
| Consumer Services | 11.62 |
| Automobile and Auto Components | 10.2 |
| Chemicals | 8.92 |
| Healthcare | 6.79 |
| Information Technology | 4.38 |
| Power | 2.89 |
| Oil, Gas & Consumable Fuels | 2.24 |
| Services | 2.04 |