Question 1

What is the Expense Ratio of Axis Innovation Fund - Direct - Growth?

Accepted Answer

The Expense Ratio of Axis Innovation Fund - Direct - Growth is 1.35% as of 01/10/2026. This is the fee charged by the fund house for managing the fund.

Question 2

What is the AUM of Axis Innovation Fund - Direct - Growth?

Accepted Answer

The Assets Under Management (AUM) of Axis Innovation Fund - Direct - Growth is ₹138.85 Crores as of Quarter ending June 2026.

Question 3

What is the 3-Year CAGR of Axis Innovation Fund - Direct - Growth?

Accepted Answer

The 3-Year Compound Annual Growth Rate (CAGR) of Axis Innovation Fund - Direct - Growth is 18.13%. This indicates the average annual growth rate over the last 3 years.

Question 4

Who manages Axis Innovation Fund - Direct - Growth?

Accepted Answer

Axis Innovation Fund - Direct - Growth is managed by Axis Mutual Fund.

Question 5

Is Axis Innovation Fund - Direct - Growth an open-ended or close-ended scheme?

Accepted Answer

Axis Innovation Fund - Direct - Growth is an Open-Ended scheme.

Question 6

How is the Expense Ratio calculated?

Accepted Answer

The Expense Ratio is the annual fee that mutual funds charge their unitholders. It expresses the percentage of assets deducted each fiscal year for fund expenses including 12b-1 fees, management fees, administrative fees, operating costs, and all other asset-based costs incurred by the fund.

Period	Returns	CAGR	Volatility
3M	4.21%	17.94%	15.18%
6M	12.15%	25.78%	14.32%
1Y	10.07%	10.07%	15.29%
3Y	64.86%	18.13%	13.70%
5Y	59.49%	9.79%	14.14%

Scheme	3Y CAGR (%)	TER (%)	AUM (Cr)
Nippon India Taiwan Equity Fund - Direct - Growth	59.86%	0.85%	₹463.45
Franklin Asian Equity Fund - Direct - Growth	22.29%	1.63%	₹363.72
Nippon India Japan Equity Fund - Direct - Growth	23.17%	1.29%	₹250.58
SBI Automotive Opportunities Fund - Direct - Growth	-	1.01%	₹777.91
quant BFSI Fund - Direct - Growth	20.96%	1.90%	₹200.21
ICICI Prudential US Bluechip Equity Fund - Direct - Growth	18.88%	1.14%	₹1,658.24
Kotak MNC Fund - Direct - Growth	-	0.64%	₹181.22

Axis Innovation Fund - Direct - Growth

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