Axis Global Innovation Fund of Fund Direct Growth
Axis Global Innovation Fund of Fund Direct Growth

Axis Global Innovation Fund of Fund Direct Growth

Equity
Direct
Very High Risk
Global - Other

NAV: ₹ 10.1 as on 20-01-2022

About the Fund

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 R Sivakumar, Hitesh Das. The fund could potentially beat inflation in the long-run.

Key parameters

1) Axis Global Innovation Fund of Fund Direct Growth has a NAV of 10.07 as on 21-Jan-2022.

2) Axis Global Innovation Fund of Fund Direct Growth has 1717 Cr worth of assets under management (AUM) as on 21-Jan-2022 and is more than category average.

3) The fund has an expense ratio 0.39 %.

Fund Overview

Expense ratio
Expense ratio
0.39%
Benchmark
Benchmark
MSCI AC World Total Return (Net)
AUM
AUM
₹1717 Cr
Inception Date
Inception Date
28 May, 2021
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹1000
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
0%

Fund Distribution

  • Equity 96.3%
  • Debt & Cash 3.8%
Size breakup
Large cap
82.3%
Mid cap
13%
Small cap
0.8%
Sector Allocation
Tech35.6%
Cyclical15%
Communication11.7%
Industrial9.9%
Health9.2%
Financial Services8.7%
Real Estate3.5%
Energy2.6%
Defensive1.4%
Basic Materials1.2%
Utilities1.2%

Top Holdings

  • All
  • Debt & Cash
Total Holdings3
Debt Holdings3
Schroder ISF Global Disruption XUSDAcc
Schroder ISF Global Disruption XUSDAcc
96.9%
Clearing Corporation Of India Ltd
Clearing Corporation Of India Ltd
3.6%
Net Receivables / (Payables)
Net Receivables / (Payables)
0.6%

Fund Highlights

About the fund

About the fund

This fund has delivered an average annual returns of 0.7% since inception which is less than its category average return of 5.2%
Fund Allocations

Fund Allocations

This fund has an allocation of 96.25337% in Equity, 0% in Debt and 3.74664% in Cash related instruments
AUM size ₹1717 Cr

AUM size ₹1717 Cr

This fund has AUM of ₹1717 Cr which is more than its category average of ₹ 519 Cr
Expense Ratio 0.39%

Expense Ratio 0.39%

This fund has an expense ratio of 0.39% which is less than its category average expense ratio of 1.35%

AMC details

Fund House
Axis Asset Management Company Limited
Email
customerservice@axismf.com
Phone
+912243255161
Address
Axis Asset Management Company Ltd.,Axis House, 1st Floor, C-2, Wadia International Centre,,Pandurang Budhkar Marg, Worli,

Frequently Asked Questions

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What is the worth of total assets under management (AUM) of Axis Global Innovation Fund of Fund Direct Growth fund ?

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