Axis Innovation Fund
Direct · Growth ₹20.21
04 Jun 2026
NAV
15.8%
3Y CAGR
13.2%
5Y CAGR
14.2%
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.
6.66
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 | ₹12.60 L | 13.7% | -30.4% | 58.4% |
| 3 Years | ₹36.00 L | ₹46.12 L | 17.5% | 3.1% | 30.1% |
| 5 Years | ₹60.00 L | ₹81.74 L | 12.7% | 7.9% | 15.7% |
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 | 13.7% | 14.6% | 13.6% | -0.9% |
| 3 Years | 17.5% | 11.2% | 17.5% | +6.3% |
| 5 Years | 12.7% | 10.5% | 17.1% | +2.2% |