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AXIS Innovation Fund Direct Growth

AXIS Innovation Fund Direct Growth

NAV ₹19.83 as on 10 Jun 2026

RiskVery High

Fund Size₹1,166.69Cr

NAV	₹19.83 as on 10 Jun 2026
Risk	Very High
Fund Size	₹1,166.69Cr

Investment Details

Lock-in

No Lock-in

Min One Time Amount

₹100

Min Withdrawal Amount

₹-

Min SIP Amount

₹100

Min Additional Amount

₹100

Exit Load

If redeemed / switched-out within 12 months - For 20% of investment: Nil For remaining investment: 1% If redeemed/switched out after 12 months from the date of allotment: Nil

Basic Details

Age

5 years 6 months (Since Dec 24, 2020)

Return since Launch

13.35%

Expense ratio

1.3%

Type

OPEN

AUM (Fund Size)

₹1,166.69

Risk Grade

Very High

Benchmark

Nifty 500 TRI

Calculate Your Returns

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Choose Amount

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Returns

Total investment of ₹2,40,000

Would have become ₹61,949 (+209.74%)

Asset Allocation

Currently, data not available

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Scheme Holding Summary

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Riskometer

Level of risk in the scheme

Moderate

High

Low

Very
High

Your investment will be at Very High Risk

Fund house & investment objective

AXIS MUTUAL FUND

Rank (total assets)	#8 in India
Total AUM	₹3,67,900.50Cr

Date of Incorporation	13 Jan 2009

AXIS Innovation Fund Direct Growth is a Equity Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 24 Dec 2020. The fund currently has an Asset Under Management(AUM) of ₹3,67,900.50 Cr and the Latest NAV as of 10 Jun 2026 is ₹19.83.
The AXIS Innovation Fund Direct Growth is rated Very High. Minimum SIP Investment is set to ₹100 . Minimum Lumpsum Investment is ₹100. Exit load of If redeemed / switched-out within 12 months - For 20% of investment: Nil For remaining investment: 1% If redeemed/switched out after 12 months from the date of allotment: Nil.

Returns and Rankings