IndiPe
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Axis Innovation Fund-Reg(G)

Axis Mutual Fund

  • Equity
  • Thematic Fund
  • Very High Risk

Performance Chart

Fund Overview

Assets Under Management (AUM)
₹1,166.69 Cr
Expense Ratio
1.87%
Riskometer
Very High
Category
Thematic Fund
Asset Type
Equity
Benchmark
NIFTY 50 - TRI
SIP
Available
Switch
Available
Inception Date
3 Dec 2020
ISIN
INF846K01Y05
Scheme Code
SSGP
Fund Scheme ID
23705

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Performance & Returns

Calculate SIP Returns

Returns by period

PeriodTrailing ReturnAbsolute ReturnAnnualised ReturnCAGR
1 Month3.86%3.86%45.48%100.40%
3 Months15.42%15.42%61.18%71.33%
6 Months23.96%23.96%47.53%49.73%
1 Year16.10%16.10%16.10%16.32%
3 Years17.04%60.38%20.11%16.97%
5 Years11.01%68.71%13.73%11.03%
Since Inception14.64%117.80%20.67%14.55%

Past performance is not indicative of future returns.

Portfolio

Asset Allocation

100.00%

  • Domestic Equities80.29%
  • Overseas Equities14.53%
  • Cash & Cash Equivalents and Net Assets1.59%
  • Derivatives-Futures1.41%
  • ADRs & GDRs1.33%
  • Treasury Bills0.85%

Top Sectors

  • IT20.40%
  • Retailing13.65%
  • Capital Goods11.03%
  • Automobile & Ancillaries9.87%
  • Healthcare7.04%
  • Finance6.07%
  • Chemicals5.61%
  • Logistics4.03%

Holdings

Overview of fund allocations across sectors and securities

  • IT

    Value

    ₹238.00 Cr

    Weightage

    20.40%

  • Retailing

    Value

    ₹159.25 Cr

    Weightage

    13.65%

  • Capital Goods

    Value

    ₹128.69 Cr

    Weightage

    11.03%

  • Automobile & Ancillaries

    Value

    ₹115.15 Cr

    Weightage

    9.87%

  • Healthcare

    Value

    ₹82.13 Cr

    Weightage

    7.04%

  • Finance

    Value

    ₹70.82 Cr

    Weightage

    6.07%

  • Chemicals

    Value

    ₹65.45 Cr

    Weightage

    5.61%

  • Logistics

    Value

    ₹47.02 Cr

    Weightage

    4.03%

  • Consumer Durables

    Value

    ₹35.58 Cr

    Weightage

    3.05%

  • Others

    Value

    ₹34.18 Cr

    Weightage

    2.93%

  • Business Services

    Value

    ₹30.57 Cr

    Weightage

    2.62%

  • Inds. Gases & Fuels

    Value

    ₹28.00 Cr

    Weightage

    2.40%

  • Non - Ferrous Metals

    Value

    ₹23.92 Cr

    Weightage

    2.05%

  • Miscellaneous

    Value

    ₹22.28 Cr

    Weightage

    1.91%

  • Electricals

    Value

    ₹19.02 Cr

    Weightage

    1.63%

  • FMCG

    Value

    ₹13.65 Cr

    Weightage

    1.17%

  • Hospitality

    Value

    ₹11.67 Cr

    Weightage

    1.00%

  • Insurance

    Value

    ₹11.43 Cr

    Weightage

    0.98%

  • G-Sec

    Value

    ₹9.92 Cr

    Weightage

    0.85%

  • Telecom

    Value

    ₹9.68 Cr

    Weightage

    0.83%

  • Abrasives

    Value

    ₹5.83 Cr

    Weightage

    0.50%

  • Media & Entertainment

    Value

    ₹4.32 Cr

    Weightage

    0.37%

About

Fund Manager(s)

Mr. Ashish Naik, Mr. Krishnaa N

Launch Date

3 Dec 2020

Benchmark

NIFTY 50 - TRI

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.

RISKOMETER

LOWLOW TOMODERATEMODERATEMODERATELYHIGHHIGH

The riskometer indicates the level of risk associated with the fund based on historical data and portfolio composition.

Exit Load, Stamp Duty and Tax Implication

Exit load
Nil for 20% of investment and 1% for remaining investment on or before 12M, Nil after 12M
Stamp duty on investment: 0.005% (from July 1st, 2020)
from July 1st 2020
Tax implication
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