Axis Greater China Equity Fund of Fund Direct Growth
Equity
Direct
Global - Other
NAV: ₹ 6.8 as on 25-04-2024
Fund Performance
1212 people have invested ₹ 94.1L in Axis Greater China Equity Fund of Fund Direct Growth in the last three months
INDmoney Rank of Axis Greater China Equity Fund of Fund Direct Growth
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IND ranking is not available for this fund.
Pros
Lower expense ratio
Cons
3Y returns in the bottom 25% of the category
About the Axis Greater China Equity Fund of Fund Direct Growth
Axis Greater China Equity Fund of Fund Direct Growth is an equity fund. This fund was started on 10 February, 2021. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- Axis Greater China Equity Fund of Fund Direct Growth has ₹132 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.6.
Axis Greater China Equity Fund of Fund Direct Growth Overview
 | 0.62% |
 Benchmark | MSCI Golden Dragon NR USD |
 | ₹132 Cr |
 | 10 February, 2021 |
 | ₹100/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 11.59% |
Axis Greater China Equity Fund of Fund Direct Growth Distribution as on (31-Dec-69)
Size breakup
Large cap
85.6%
Mid cap
10%
Small cap
1%
Sector Allocation
Tech
25.4%
Consumer Cyclical
22.5%
Communication
11.3%
Industrial
9.6%
Financial Services
7.6%
Health
7.5%
Basic Materials
5.6%
Consumer Defensive
4.8%
Energy
4.2%
Real Estate
1%
Utilities
0.4%
Top Holdings of Axis Greater China Equity Fund of Fund Direct Growth as on (31-Mar-24)
Debt Holdings1
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Schroder ISF Greater China X Acc USD | 98.31% | 11.6% |
Peer Analysis
Axis Greater China Equity Fund of Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
Fund Allocations
This fund has an allocation of 96.65% in Equity, 0% in Debt and 3.35% in Cash related instruments
AUM size ₹132 Cr
This fund has AUM of ₹132 Cr which is less than its category average of ₹ 511 Cr
Expense Ratio 0.62%
This fund has an expense ratio of 0.62% which is less than its category average expense ratio of 1.4%
Frequently Asked Questions
The current NAV of Axis Greater China Equity Fund of Fund Direct Growth is ₹6.8 as on 25-Apr-2024.
Existing (Absolute + CAGR) as on 25-Apr-2024.
Axis Greater China Equity Fund of Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.59% | 0.59% |
6 Month Returns | 2.87% | 2.87% |
1 Year Returns | -5.16% | -5.16% |
3 Years Returns | -29.24% | -10.89% |
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.
0.62% as on March 2024
₹132 Cr as on March 2024
Tech(24.56%), Consumer Cyclical(21.76%), Communication(10.89%) as on March 2024
The alpha ratio for the Axis Greater China Equity Fund of Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Axis Greater China Equity Fund of Fund Direct Growth | -9.37 | -1.91 | - |
As on March 2024
The alpha for Axis Greater China Equity Fund of Fund Direct Growth is calculated against MSCI Golden Dragon NR USD. 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 Greater China Equity Fund of Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Axis Greater China Equity Fund of Fund Direct Growth | 1.05 | 0.98 | - |
As on March 2024
The Beta for Axis Greater China Equity Fund of Fund Direct Growth is calculated with MSCI Golden Dragon NR USD. 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 Greater China Equity Fund of Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Axis Greater China Equity Fund of Fund Direct Growth | -0.96 | -0.52 | - |
As on March 2024
The sharpe ratio for Axis Greater China Equity Fund of Fund Direct Growth is calculated with MSCI Golden Dragon NR USD. 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 Greater China Equity Fund of Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Axis Greater China Equity Fund of Fund Direct Growth | 19.69 | 23.95 | - |
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 Greater China Equity Fund of Fund Direct Growth is 1%