Previously Known As : Axis Special Situations Fund
Axis Innovation Fund Overview
Category Sectoral/ Thematic
BMSMONEY Rank 11
Rating
Growth Option 07-03-2025
NAV ₹16.49(R) 0.0% ₹17.45(D) 0.0%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 9.06% 12.38% -% -% -%
Direct 10.03% 13.8% -% -% -%
Benchmark
SIP (XIRR) Regular -% -% -% -% -%
Direct -% -% -% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.22 0.12 0.4 -1.46% 0.04
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
14.51% -19.3% -15.56% 0.91 10.43%
Top Sectoral/ Thematic
Fund Name Rank Rating
Icici Prudential India Opportunities Fund 1
Icici Prudential Exports And Services Fund 2
Franklin India Opportunities Fund 3
ICICI Prudential Business Cycle Fund 4
ITI Pharma and Healthcare Fund 5

NAV Date: 07-03-2025

Scheme Name NAV Rupee Change Percent Change
Axis Innovation Fund - Regular Plan - IDCW 16.49
0.0000
0.0000%
Axis Innovation Fund - Regular Plan - Growth Option 16.49
0.0000
0.0000%
Axis Innovation Fund - Direct Plan - IDCW 17.44
0.0000
0.0000%
Axis Innovation Fund - Direct Plan - Growth Option 17.45
0.0000
0.0000%

Review Date: 07-03-2025

Axis Innovation Fund has exhibited poor performance in the Sectoral/ Thematic Fund category. The fund has rank of 15 out of 20 funds in the category. The fund has delivered return of 9.06% in 1 year and 12.38% in 3 years. The category average for the same periods is 2.42% and 16.74% respectively, which shows poor return performance of fund in the category. The fund has exhibited standard deviation of 14.51, VaR of -19.3, Average Drawdown of -11.07, Semi Deviation of 10.43 and Max Drawdown of -15.56. The category average for the same parameters is 14.88, -19.83, -7.18, 10.65 and -17.78 respectively. The fund has low risk in the category.
  • standard deviation of 14.51 and based on VaR one can expect to lose more than -19.3% of current value of fund in one year.
  • Sharpe ratio of the fund is 0.22 which shows poor performance of fund in the sectoral/ thematic fund category.
  • The fund has R-square of 0.82, Beta of 0.91 and Jensen's Alpha of -1.46% which exhibit poor performance in the sectoral/ thematic fund category .


    • Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.


    Date Axis Innovation Fund NAV Regular Growth Axis Innovation Fund NAV Direct Growth
    07-03-2025 16.49 17.45
    06-03-2025 16.49 17.45
    05-03-2025 16.43 17.38
    04-03-2025 16.23 17.17
    03-03-2025 16.16 17.09
    28-02-2025 16.23 17.17
    25-02-2025 16.6 17.56
    24-02-2025 16.62 17.58
    21-02-2025 16.76 17.72
    20-02-2025 16.93 17.9
    19-02-2025 16.88 17.86
    18-02-2025 16.75 17.71
    17-02-2025 16.82 17.79
    14-02-2025 16.87 17.83
    13-02-2025 17.16 18.15
    12-02-2025 17.07 18.05
    11-02-2025 17.16 18.14
    10-02-2025 17.55 18.56
    07-02-2025 17.78 18.8

    Fund Launch Date: 20/Dec/2020
    Fund Category: Sectoral/ Thematic
    Investment Objective: To generate long-term capital appreciation by investing in mis-priced stocks facing special situations. The mis-pricing of stocks can occur due to companies facing special situations like regulatory/policy changes, management restructuring, technology led disruption and innovation or any temporary challenges in the operating environment.
    Fund Description: An open ended equity scheme following special situations theme
    Fund Benchmark: NIFTY 500 Total Returns Index
    Source: Fund FactSheet

    Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.