sectorHigh risk

Axis Innovation Fund - Direct Plan - IDCW Option

Invests only in one industry or theme (like banking, pharma, tech). Highly concentrated — bigger swings. From Axis Mutual Fund. It's been running since 28 Dec 2020.

Latest price per unit

₹19.57

▲ 0.15% today

As of 4 Sep 2026 · updated once each business day

What ₹1 lakh would have become

Based on past returns

Invested 1 year ago

₹1.08 L

▲ ₹7.8k gain · 7.8% / year

Invested 3 years ago

₹1.38 L

▲ ₹38.4k gain · 11.4% / year

Invested 5 years ago

₹1.50 L

▲ ₹49.9k gain · 8.4% / year

These are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.

Price over time

How the per-unit price has moved. Tap a range to zoom in.

Bumpiness & worst drops

Day-to-day bumpiness

14.8%

The value swings roughly 15% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever

-27.34%

A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.

Technical details (for the pros)

CAGR — 1 year7.83%

CAGR — 3 years11.44%

CAGR — 5 years8.44%

CAGR — since launch12.48%

Volatility — 1 year (annualised)15.20%

Volatility — 3 years (annualised)14.79%

Max drawdown — 1 year-20.77%

Max drawdown — 3 years-27.34%

Sharpe ratio — 1 year (rf=6%)0.11

Sharpe ratio — 3 years (rf=6%)0.34

Fund info

Fund house: Axis Mutual Fund
Category: Equity Schemes - Thematic Fund
Plan: Direct
Option: IDCW
ISIN (Growth): INF846K01X89
ISIN (Div re-invest): INF846K01X97
Fund code: 148632
First price on record: 28 Dec 2020 · 1,409 daily prices

Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.