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

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Equity
Direct
Global - Other
NAV: ₹ 11.99 as on 16-04-2024
Fund Performance
zero opening, trading, fund transfer fee
3 people have invested ₹ 6K in Axis Global Innovation Fund of Fund Direct Payout Inc Dist cum Cap Wdrl in the last three months

About the 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 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

  1. Axis Global Innovation Fund of Fund Direct Payout Inc Dist cum Cap Wdrl has ₹602 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.7.

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

Expense ratio
Expense ratio
0.72%
Benchmark
Benchmark
MSCI ACWI NR LCL
AUM
AUM
₹602 Cr
Inception Date
Inception Date
28 May, 2021
Min Lumpsum/SIP
Min Lumpsum/SIP
₹100/₹100
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
28.2%

Axis Global Innovation Fund of Fund Direct Payout Inc Dist cum Cap Wdrl Distribution as on (31-Dec-69)

  • Equity 95.6%

  • Debt & Cash 4.4%

Size breakup

Large cap
85.1%
Mid cap
10.5%
Sector Allocation

Mar'24

Feb'24

Jan'24

Tech
41.4%
Communication
13.8%
Health
12.3%
Industrial
12.2%
Consumer Cyclical
10.4%
Financial Services
5.5%
Real Estate
1.7%
Energy
1.5%
Utilities
0.7%
Basic Materials
0.3%
Consumer Defensive
0.2%

Top Holdings of Axis Global Innovation Fund of Fund Direct Payout Inc Dist cum Cap Wdrl as on (31-Mar-24)

  • Debt & Cash

Debt Holdings1
Holdings
Weight%
1M Change
Schroder ISF Global Disruption XUSDAcc
Schroder ISF Global Disruption XUSDAcc
96.69%
-3.5%

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

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 6.49% since inception which is less than its category average return of 6.73%
Fund Allocations

Fund Allocations

This fund has an allocation of 95.61% in Equity, 0% in Debt and 4.39% in Cash related instruments
AUM size ₹602 Cr

AUM size ₹602 Cr

This fund has AUM of ₹602 Cr which is more than its category average of ₹ 511 Cr
Expense Ratio 0.72%

Expense Ratio 0.72%

This fund has an expense ratio of 0.72% which is less than its category average expense ratio of 1.4%

Frequently Asked Questions

The current NAV of Axis Global Innovation Fund of Fund Direct Payout Inc Dist cum Cap Wdrl is ₹11.99 as on 16-Apr-2024.
Existing (Absolute + CAGR) as on 16-Apr-2024.
Axis Global Innovation Fund of Fund Direct Payout Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
-1.07%
-1.07%
6 Month Returns
19.66%
19.66%
1 Year Returns
25.55%
25.55%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
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0.72% as on March 2024
₹602 Cr as on March 2024
Tech(39.56%), Communication(13.17%), Health(11.72%) as on March 2024
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 March 2024
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 March 2024
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
1.3
-
-
As on March 2024
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
15.19
-
-
As on March 2024
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.
The Exit load of Axis Global Innovation Fund of Fund Direct Payout Inc Dist cum Cap Wdrl is 1%