NAV Growth

Growth of each fund's NAV over the selected period, rebased to 0%

Growth of each fund's NAV over the selected period, rebased to 0%

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Fund Details

Fund Details	AXIS Innovation Fund - Direct (G)	Union Innovation & Opportunities Fund - Dir (G)
Fund Type	Equity	Equity
Risk	Very High	Very High
Min SIP Amount	₹100	₹100
Min Lumpsum	₹100	₹1,000
Expense Ratio	1.35%	0.99%
NAV	₹23.48 (09 Nov 2026)	₹17.15 (11 Nov 2026)
Fund Size	₹1,314.68 Cr	₹1,288.71 Cr
Fund Started	24 Dec 2020	06 Sept 2023
Lock-in Period	No lock-in	No lock-in
Exit Load	If redeemed / switched-out within 12 months - For 20% of investment: Nil For remaining investment: 1% If redeemed/switched out after 12 months from the date of allotment: Nil.	1%If units are redeemed or switched out on or before completion of 1 year from the date of allotment

Returns	AXIS Innovation Fund - Direct (G)	Union Innovation & Opportunities Fund - Dir (G)
1M	2.98%	5.46%
3M	3.80%	2.35%
6M	12.88%	14.01%
1Y	16.82%	13.48%
3Y	18.91%	19.79%
5Y	11.13%	—
Since Inception	15.62%	18.19%

Trailing risk-adjusted performance measures

Risk Ratio	AXIS Innovation Fund - Direct (G)	Union Innovation & Opportunities Fund - Dir (G)
Alpha	7.50	7.74
Beta	0.84	0.96
Sharpe	0.78	0.71
Standard Deviation	4.38	5.18

Holding Analysis	AXIS Innovation Fund - Direct (G)	Union Innovation & Opportunities Fund - Dir (G)
Top 5 Holdings	23.59%	21.38%
Top 10 Holdings	36.01%	36.07%
Portfolio Turnover	0.76	0.57
Equity	78.58%	97.79%
Debt	7.73%	2.46%
Cash	—	—

Name	Assets
C C IReverse Repo	7.35%
Eternal LtdEquity	5.46%
Ather Energy LtdEquity	4.51%
FSN E-Commerce Vent...Equity	3.16%
Lenskart Solutions LtdEquity	3.11%
Billionbrains Garag...Equity	2.69%
Sona BLW Precision ...Equity	2.52%
PTC Industries LtdEquity	2.46%
Meesho LtdEquity	2.41%
Aether Industries LtdEquity	2.34%

Name	Assets
Eternal LtdEquity

Fund Manager	AXIS Innovation Fund - Direct (G)	Union Innovation & Opportunities Fund - Dir (G)
Name	, ,

About	AXIS Innovation Fund - Direct (G)	Union Innovation & Opportunities Fund - Dir (G)
AMC	Axis Mutual Fund	Union Mutual Fund
Scheme Category	Thematic Fund	Thematic Fund
Benchmark	Nifty 500 TRI	Nifty 500 TRI
Launch Date	04 Dec 2020	16 Aug 2023