Axis Innovation Fund
Direct · Growth ₹22.93
17 Aug 2026
NAV
15.9%
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.
7.40
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.
1.19%
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 | ₹12.61 L | 13.8% | -30.4% | 58.4% |
| 3 Years | ₹36.00 L | ₹45.81 L | 17.1% | 3.1% | 30.1% |
| 5 Years | ₹60.00 L | ₹82.39 L | 13.0% | 7.9% | 16.4% |
SIP returns vs benchmark & category
Annualised SIP return (XIRR) over each rolling horizon — like-for-like, not lump-sum.
| Duration | Fund SIP XIRR | NIFTY 50 | Category avg | Fund edge |
|---|---|---|---|---|
| 1 Year | 13.8% | 14.4% | 14.1% | -0.7% |
| 3 Years | 17.1% | 11.1% | 16.8% | +6.0% |
| 5 Years | 13.0% | 10.4% | 16.9% | +2.6% |
| Duration | Mean | Median | Min | Max | Sharpe | Sortino | % Positive | Cat. Mean | Cat. Median |
|---|---|---|---|---|---|---|---|---|---|
| 1 Year | 13.4% | 10.1% | -14.8% | 48.0% | 0.45 | 1.11 | 82% | — | — |
| 3 Years | 15.9% | 16.2% | 8.4% | 21.3% | 3.69 | — | 100% | — | — |
| 5 Years | 13.1% | 13.0% | 11.1% | 15.2% | 7.40 | — | 100% | — | — |
-23.6%
Max Drawdown
7 mo
Drawdown Duration
15 mo
Recovery Time
-5.8%
Avg Drawdown
Calmar Ratio by Duration
0.57
1Y
0.67
3Y
0.55
5Y
Compared against NIFTY 50
| Duration | Alpha | Beta | Upside Capture | Downside Capture | Fund CAGR | Bench CAGR |
|---|---|---|---|---|---|---|
| 1 Year | +17.05 | 0.86 | 92.4% | 69.7% | 15.9% | -2.4% |
| 3 Years | +11.70 | 0.81 | 90.1% | 74.3% | 19.3% | 7.8% |
| 5 Years | +5.47 | 0.83 | 86.4% | 78.4% | 13.1% | 7.9% |
| 7 Years | +4.62 | 0.80 | 84.8% | 76.3% | 12.5% | 8.3% |
| 10 Years | +2.76 | 0.80 | 84.8% | 76.3% | 8.6% | 5.7% |
| 12 Years | +2.05 | 0.80 | 84.8% | 76.3% | 7.1% | 4.7% |
| 15 Years | +1.37 | 0.80 | 84.8% | 76.3% | 5.7% | 3.8% |
40
Total Holdings
31.8%
Top 10 Weight
18
Sectors
| # | Stock | % of NAV |
|---|---|---|
| 1 | Eternal Limited | 6.36% |
| 2 | Billionbrains Garage Ventures Ltd | 3.85% |
| 3 | One 97 Communications Limited | 3.58% |
| 4 | GE Vernova T&D India Limited | 2.75% |
| 5 | Lenskart Solutions Limited | 2.70% |
| 6 | FSN E-Commerce Ventures Limited | 2.67% |
| 7 | PB Fintech Limited | 2.62% |
| 8 | Aether Industries Limited | 2.51% |
| 9 | Ather Energy Limited | 2.48% |
| 10 | Info Edge (India) Limited | 2.30% |