Axis Innovation Fund Direct Growth

Scheme code: INF846K01X71 NAV value: ₹ 18.7800 NAV date: 18 March, 2026 TER: 1.31%

Fund option: Direct Fund type: Growth

Asset class: Equity Asset category: Sectoral/Thematic

Rolling returns

Duration	Min (%)	Max (%)	Median (%)	Average return (%)	Category average return (%)
1 year	-14.82	48.05	10.69	13.88	13.63
3 year	8.43	21.28	16.02	15.72	18.78
5 year	11.05	15.16	13.20	13.36	15.46

Index

Metrics

NIFTY 50

Duration	Min (%)	Max (%)	Average return (%)	Fund's return (%)
1 year	-7.02	20.62	5.61	13.88
3 year	6.28	30.95	15.04	15.72
5 year	8.38	26.02	14.22	13.36
7 year	10.18	15.62	12.93
10 year	11.42	12.93	12.18
15 year	-5.65	15.88	6.78

NIFTY 100

Duration	Min (%)	Max (%)	Average return (%)	Fund's return (%)
1 year	-8.47	19.78	4.49	13.88
3 year	6.56	19.64	13.57	15.72
5 year	9.22	12.29	10.75	13.36

NIFTY 200

Duration	Min (%)	Max (%)	Average return (%)	Fund's return (%)
1 year	-8.39	20.91	4.75	13.88
3 year	7.68	21.49	15.06	15.72
5 year	10.37	13.5	11.93	13.36

NIFTY 500

Duration	Min (%)	Max (%)	Average return (%)	Fund's return (%)
1 year	-8.47	20.67	4.16	13.88
3 year	8.04	32.03	17.81	15.72
5 year	8.18	28.64	15.34	13.36
7 year	10.64	16.42	13.77
10 year	12.56	14.06	13.31

If you invest ₹1 lakh per month in this fund through SIP, here are the estimated returns over different timeframes.

Duration	Invested amount	Final value	Return	CAGR (%)

Index	Metrics

- Total Invested Amount: ₹12,00,000 - Final Portfolio Value: ₹12,70,558 - Absolute Returns: ₹70,558 - CAGR: %

- Total Invested Amount: ₹36,00,000 - Final Portfolio Value: ₹46,46,719 - Absolute Returns: ₹10,46,719 - CAGR: %

- Total Invested Amount: ₹60,00,000 - Final Portfolio Value: ₹83,44,056 - Absolute Returns: ₹23,44,056 - CAGR: %

Max Drawdown

-23.62 %

Drawdown Duration

7 months

Recovery Time

15 months

Avg Drawdown

-6.06 %

1 Y

0.5875

3 Y

0.6654

5 Y

0.5655

vs NIFTY 50

Duration	Alpha	Beta	Upside Capture	Downside Capture	Fund CAGR	Benchmark CAGR
1 year	1.69	0.83	84.4	79.5	6.12 %	4.00 %
3 years	6.06	0.79	85.5	75.9	16.32 %	11.28 %
5 years	2.49	0.82	84.2	79.7	11.39 %	9.44 %
7 years	1.44	0.80	82.9	78.6	8.89 %	7.69 %
10 years	0.58	0.80	82.9	78.6	6.15 %	5.33 %
12 years	0.26	0.80	82.9	78.6	5.10 %	4.42 %
15 years	-0.06	0.80	82.9	78.6	4.06 %	3.52 %