AXIS INNOVATION FUND-REG(G)

Product name	Return type	1 yr(%)	3 yr(%)	5 yr(%)
AXIS INNOVATION FUND-REG(G)	market linked	32.88 %	13.97 %	-
BenchMark : NIFTY 500 - TRI	BenchMark Return	36.85	19.92	21.37
Value of Rs. 1,00,000 Invested	current value	132880	148037	-

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	24/07/2024
Nav	17.54
AUM (Cr.)	1270.83
AUM Date	30/06/2024
Expense Ratio Currently	2
Expense Ratio Date Currently	30/06/2024
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.