sectorHigh risk

Axis Innovation Fund - Direct Plan - Growth 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

₹23.37

▲ 0.13% 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

₹1.17 L

▲ ₹17.2k gain · 17.2% / year

Invested 3 years ago

₹1.65 L

▲ ₹65.3k gain · 18.2% / year

Invested 5 years ago

₹1.79 L

▲ ₹79.0k gain · 12.4% / 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

13.3%

The value swings roughly 13% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever

-23.62%

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 year17.16%

CAGR — 3 years18.23%

CAGR — 5 years12.35%

CAGR — since launch16.05%

Volatility — 1 year (annualised)13.89%

Volatility — 3 years (annualised)13.28%

Max drawdown — 1 year-13.91%

Max drawdown — 3 years-19.42%

Sharpe ratio — 1 year (rf=6%)0.72

Sharpe ratio — 3 years (rf=6%)0.83

Fund info

Fund house: Axis Mutual Fund
Category: Equity Schemes - Thematic Fund
Plan: Direct
Option: Growth
ISIN (Growth): INF846K01X71
ISIN (Div re-invest): —
Fund code: 148634
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.