Axis Innovation Fund - Direct Plan - Growth Option
Axis Mutual Fund · Equity · mandate: ≥80% in the named sector/theme · benchmark: —
AUM (all plans)
1,160 cr
TER direct / regular
1.37% / 2.28%
CAGR (full)
16.0%
Sharpe (full)
0.70
Sharpe (bull ≤Sep-24)
3.63
Sharpe (sideways Oct-24→)
0.14
Max drawdown
-18.3%
Months of data
68
Percentile ranks this fund within its peer pool; the leaderboard Score is
the weighted average of its fiscal-year percentiles (equity: active-return-rank blended
with IR-rank).
Equity curve
Drawdown
Fiscal-year record
FY
Return
vs category
Sharpe
months
FY22
24.3%
3.2%
1.37
12
FY23
-8.5%
-11.8%
-0.83
12
FY24
38.4%
-7.9%
3.04
12
FY25
7.7%
0.6%
0.16
12
FY26
1.7%
2.9%
-0.31
12
FY27*
29.7%
11.3%
3.35
5
Active/Fund returns are TOTALS over the months covered — never annualized
(FY27* is year-to-date; a * row covers only part of the year).
%ile is the fund's percentile within its peer pool for that year.
Monthly returns (%)
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Year
2021
-1.3
+5.3
-0.7
+3.8
+2.5
+4.6
+4.0
+7.4
+2.2
+3.1
+0.0
+0.2
+35.5
2022
-5.1
-3.6
+3.4
-4.0
-4.0
-6.4
+11.3
+2.6
-5.1
+1.3
+1.2
-3.1
-12.0
2023
-2.3
+1.0
-0.3
+4.6
+4.6
+3.9
+3.4
+1.0
-1.1
-2.2
+6.2
+4.8
+25.6
2024
+0.7
+3.4
+4.1
+3.2
+1.9
+8.0
+2.6
+2.4
+4.0
-5.1
+1.2
-0.1
+29.2
2025
-4.9
-7.2
+2.4
+3.4
+5.7
+3.4
-0.5
-0.8
+1.2
+3.1
+0.0
-1.0
+4.2
2026
-3.8
-1.7
-6.7
+13.5
-0.0
+2.8
+4.6
+6.3
+14.5
Quarterly average AUM & estimated net flows
Quarterly net flow estimate: AUM_q − AUM_(q−1)·(1+quarter return). AUM shown is the quarter AVERAGE (AMFI central disclosure). Positive = net inflows, ₹cr.
Source: AMFI's official all-scheme NAV history (portal report; official NAV history, net of TER by
construction). Monthly returns are month-end NAV chains; stale prints (>7 days before
month-end) drop out rather than carry. Benchmark series are the median of plain-vanilla
direct-plan index funds tracking each index (TRI minus ~10-25bp/yr tracking drag — verified
against true-TRI chains). Direct plans, growth option only. Sharpe uses rf 6%, arithmetic
monthly convention. Independence: all figures are computed from mandatory public disclosures with a
fixed methodology applied identically to every fund — no fund can pay for inclusion,
exclusion, placement, or altered presentation, and any material commercial relationship
will be disclosed on the affected pages.
Nothing here is investment advice; past performance does not
predict future returns. Generated 2026-08-25 05:37Z · data through Aug 2026 · leaderboard
· PMS leaderboard