Axis Global Innovation Fund of Fund Direct Payout Inc Dist cum Cap Wdrl
Axis Global Innovation Fund of Fund Direct Payout Inc Dist cum Cap Wdrl

Axis Global Innovation Fund of Fund Direct Payout Inc Dist cum Cap Wdrl

Compare
Equity
Direct
Global - Other

NAV: ₹ 9.3 as on 27-01-2023

Fund Performance
zero opening, trading, fund transfer fee
3 people have invested ₹ 6K in mutual fund in the last three months

Fund Performance as on (01-Jan-70)

Return
1M
3M
6M
1Y
This Fund
6.8%
11%
6.7%
-3.4%
Benchmark
-
-
-
-
About the Fund

Axis Global Innovation Fund of Fund Direct Payout Inc Dist cum Cap Wdrl is an equity fund. This fund was started on  28 May, 2021. The fund is managed by Vinayak Jayanath. The fund could potentially beat inflation in the long-run.

Key parameters

1) Axis Global Innovation Fund of Fund Direct Payout Inc Dist cum Cap Wdrl has a NAV of 9.3 as on 27-01-2023.

2) Axis Global Innovation Fund of Fund Direct Payout Inc Dist cum Cap Wdrl has 1118 Cr worth of assets under management (AUM) as on 30-11-2022 and is more than category average.

3) The fund has an expense ratio 0.47 %.

Fund Overview

Expense ratio
Expense ratio
0.47%
Benchmark
Benchmark
MSCI ACWI NR LCL
AUM
AUM
₹1118 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
10.21%

Fund Distribution as on (31-Dec-22)

  • Equity 95.8%
  • Debt & Cash 4.2%
Size breakup
Large cap
83%
Mid cap
11.7%
Small cap
1.1%

Sector Allocation

Dec'22

Nov'22

Oct'22

Tech

34%

Industrial

14.7%

Health

11.3%

Consumer Cyclical

11.1%

Financial Services

8.9%

Communication

8.4%

Energy

3.4%

Basic Materials

3.2%

Real Estate

2.5%

Utilities

1.7%

Consumer Defensive

0.9%

Top Holdings as on (31-Dec-69)

  • Debt & Cash
Debt Holdings2
Holdings
Weight%
Holdings Trend
1M Change
icon
Schroder ISF Global Disruption XUSDAcc
98.9%
-2.1%
icon
Clearing Corporation Of India Ltd
1.87%
0%

Fund Manager

Vinayak Jayanath

Vinayak Jayanath

Fund Manager of Axis Global Innovation Fund of Fund Direct Payout Inc Dist cum Cap Wdrl, since 17 January 2023

AMC details

Fund House
Axis Asset Management Company Limited
Total Schemes
Total AUM
₹2.47L Cr
as on 31-Dec-2022
Address
Axis Asset Management Company Ltd.,Axis House, 1st Floor, C-2, Wadia International Centre,,Pandurang Budhkar Marg, Worli,
Phone
+912243255161
Email
customerservice@axismf.com

Fund Highlights

meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
Fund Allocations

Fund Allocations

This fund has an allocation of 95.8% in Equity, 0% in Debt and 4.2% in Cash related instruments
AUM size ₹1118 Cr

AUM size ₹1118 Cr

This fund has AUM of ₹1118 Cr which is more than its category average of ₹ 409 Cr
Expense Ratio 0.47%

Expense Ratio 0.47%

This fund has an expense ratio of 0.47% which is less than its category average expense ratio of 1.5%

Frequently Asked Questions

The current NAV of Axis Global Innovation Fund of Fund Direct Payout Inc Dist cum Cap Wdrl is 9.3 as on 27-Jan-2023.
Existing (Absolute + CAGR)
Axis Global Innovation Fund of Fund Direct Payout Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
6.11%
6.11%
6 Month Returns
4.54%
4.54%
1 Year Returns
-3.66%
-3.66%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
  • 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.
0.47 as on December 2022
1118 Cr as on December 2022
The alpha ratio for the Axis Global Innovation Fund of Fund Direct Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Axis Global Innovation Fund of Fund Direct Payout Inc Dist cum Cap Wdrl
-
-
-
As on December 2022
The alpha for Axis Global Innovation Fund of Fund Direct Payout Inc Dist cum Cap Wdrl is calculated against MSCI ACWI NR LCL. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Axis Global Innovation Fund of Fund Direct Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Axis Global Innovation Fund of Fund Direct Payout Inc Dist cum Cap Wdrl
-
-
-
As on December 2022
The Beta for Axis Global Innovation Fund of Fund Direct Payout Inc Dist cum Cap Wdrl is calculated with MSCI ACWI NR LCL. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Axis Global Innovation Fund of Fund Direct Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Axis Global Innovation Fund of Fund Direct Payout Inc Dist cum Cap Wdrl
-1.02
-
-
As on December 2022
The sharpe ratio for Axis Global Innovation Fund of Fund Direct Payout Inc Dist cum Cap Wdrl is calculated with MSCI ACWI NR LCL. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Axis Global Innovation Fund of Fund Direct Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Axis Global Innovation Fund of Fund Direct Payout Inc Dist cum Cap Wdrl
24.19
-
-
As on December 2022
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Vinayak Jayanath is the fund manager of Axis Global Innovation Fund of Fund Direct Payout Inc Dist cum Cap Wdrl
The Exit load of Axis Global Innovation Fund of Fund Direct Payout Inc Dist cum Cap Wdrl is 1%

Mutual Fund execution provided by

Technology facilitation Services provided by Finzoom Investment Advisors Pvt. Ltd. - Advisory unit. SEBI Registered Investment Advisor: INA100012190 | BASL Registration No. 1154 | BSE StarMF Platform code: 24801

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.