Axis Global Innovation Fund of Fund Direct Growth
NAV as on 09-05-2025
₹ 13.66
▲1.3%
1D
Inception Returns
8.2%
/yr
Historical NAV & Returns
About Axis Global Innovation Fund of Fund Direct Growth
Axis Global Innovation Fund of Fund Direct Growth is an equity fund. This fund was started on 28 May, 2021. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- Axis Global Innovation Fund of Fund Direct Growth has ₹467 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.9.
Returns
Axis Global Innovation Fund of Fund Direct Growth has given a CAGR return of 8.22% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 11.15% and 17.32% respectively.
Holdings
Axis Global Innovation Fund of Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Derivatives, Tech, Communication, Consumer Cyclical, Health, Industrial, Financial Services, Utilities, Real Estate. Its top holdings are Schroder ISF Global Innov XUSDAcc
Taxation
As it is a global - other mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of Axis Global Innovation Fund of Fund Direct Growth
To provide long term capital appreciation by predominantly investing in Schroder International Selection Fund Global Equity Alpha, a fund that aims to provide capital growth by investing in equity and equity related securities of companies worldwide. The Scheme may also invest a part of corpus in debt, money market instruments and / or units of liquid schemes in order to meet liquidity requirements from time to time.However, there can be no assurance that the investment objective of the Scheme will be realized.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Axis Global Innovation Fund of Fund Direct Growth has no lock in period.
Axis Global Innovation Fund of Fund Direct Growth Overview
| Expense ratio | 0.86% |
Benchmark | MSCI ACWI NR LCL |
| AUM | ₹467 Cr |
| Inception Date | 28 May, 2021 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 84.63% |
| STCG | If held for less than 24 months - slab rates. |
| LTCG | If held for more than 24 months - 12.5% without indexation. |
| Risk |   Very High Risk |
Trailing Returns
as on (09-May-25)
Fund Distribution
as on (31-Dec-69)
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Schroder ISF Global Innov XUSDAcc | 97.38% | -0.3% |
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
Axis Global Innovation Fund of Fund | 11.15% | 17.32% | - | 8.22% |
 Franklin India Feeder Franklin U.S. Opportunities Fund Direct Growth | 7.86% | 19.19% | 13.3% | 16.62% |
 Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth | 27.83% | 44.44% | - | 27.27% |
 Kotak International REIT FOF Fund Direct Growth | 9.62% | 1.28% | - | 0.74% |
 Motilal Oswal S&P 500 Index Fund Direct Growth | 11.92% | 15.48% | 17.56% | 17.27% |
Motilal Oswal Nasdaq 100 Fund of Fund Direct Growth | 14.81% | 21.88% | 19.41% | 21.88% |
 ICICI Prudential US Bluechip Equity Fund Direct Growth | 1.53% | 13.51% | 14.56% | 15.61% |
 HSBC Global Equity Climate Change Fund of Fund Direct Growth | 2.07% | 7.16% | - | 1.11% |
 DSP Global Clean Energy Fund of Fund Direct Growth | -6.5% | 5.34% | 9.72% | 3.75% |
DSP World Gold Fund of Fund Direct Growth | 54.63% | 18.98% | 10.05% | 4.49% |
Axis Global Innovation Fund of Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹467 Cr
Expense Ratio 0.86%
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3Y CAGR
▲ 29.12
3Y CAGR
▲ 26.98
3Y CAGR
▲ 26.40
3Y CAGR
▲ 26.15
5Y CAGR
▲ 33.08
Frequently Asked Questions for Axis Global Innovation Fund of Fund Direct Growth
Axis Global Innovation Fund of Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 18.37% | 18.37% |
6 Month Returns | 0% | 0% |
1 Year Returns | 11.15% | 11.15% |
3 Years Returns | 61.47% | 17.32% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Axis Global Innovation Fund of Fund Direct Growth | - | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Axis Global Innovation Fund of Fund Direct Growth | - | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Axis Global Innovation Fund of Fund Direct Growth | 0.13 | 0.41 | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Axis Global Innovation Fund of Fund Direct Growth | 14.76 | 16.9 | - |