AXIS INNOVATION FUND-REG(G)

Product name Return type 1 yr(%) 3 yr(%) 5 yr(%)

AXIS INNOVATION FUND-REG(G)

market linked 44.32 % 12.52 % -

BenchMark : NIFTY 500 - TRI

BenchMark Return 37.56 16.53 22.19

Value of Rs. 1,00,000 Invested

current value 144320 142458 -
scheme 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.
Category Mutual Fund > Equity > Sectoral / Thematic
Fund Type Open Ended
Fund Manager Ashish Naik
Minimum Amount for Lumpsum Investment (Rs.) 100
Minimum Amount for SIP Investment (Rs.) 100
Nav Date 09/10/2024
Nav 19.20
AUM (Cr.) 1300.41
AUM Date 30/09/2024
Expense Ratio Currently 2
Expense Ratio Date Currently 31/08/2024
Modified Duration(Yrs) -
Modified Duration Date(Yrs) -
YTM -
YTM Date -
Entry Load NIL
Exit Load Nil for 10% of investment and 1% for remaining investment on or before 12M, Nil after 12M
Tax Treatment of Income
Tax Benefit on Investment
Withdrawal Anytime
Pros
Cons
Risk Factor All investments in mutual funds are subject to market risks and the NAV of the schemes may go up or down depending upon the factors and forces affecting the securities market and there can be no assurance that the fund's objectives will be achieved. Past performance of the Fund does not indicate the future performance of the Schemes of the Fund.
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