Axis Innovation Fund
Direct · Growth ₹20.08
17 Apr 2026
NAV
15.8%
3Y CAGR
13.1%
5Y CAGR
14.0%
Weighted CAGR
?
Weighted Mean CAGR
Gives more importance to longer time periods (10Y, 20Y) than shorter ones (1Y, 3Y). This balances out recent outperformance and gives a more realistic picture of what long-term returns might look like.
Gives more importance to longer time periods (10Y, 20Y) than shorter ones (1Y, 3Y). This balances out recent outperformance and gives a more realistic picture of what long-term returns might look like.
5.90
Sharpe
-23.6%
Max Drawdown
?
Max Drawdown
The largest peak-to-trough decline in the fund's NAV. Shows the worst-case loss an investor would have experienced at any point in the fund's history.
The largest peak-to-trough decline in the fund's NAV. Shows the worst-case loss an investor would have experienced at any point in the fund's history.
NA
TER
If you invested ₹1,00,000 every month via SIP, here's how this fund has historically performed across different time horizons.
| Duration | Invested | Median Value | XIRR | Min XIRR | Max XIRR |
|---|---|---|---|---|---|
| 1 Year | ₹12.00 L | ₹12.64 L | 13.9% | -30.4% | 58.4% |
| 3 Years | ₹36.00 L | ₹46.25 L | 17.8% | 3.1% | 30.1% |
| 5 Years | ₹60.00 L | ₹81.85 L | 12.7% | 7.9% | 15.7% |
Fund SIP vs NIFTY 50
| Duration | Fund XIRR | Benchmark CAGR | Difference |
|---|---|---|---|
| 1 Year | 13.9% | 2.1% | +11.8% |
| 3 Years | 17.8% | 11.2% | +6.6% |
| 5 Years | 12.7% | 11.1% | +1.6% |