Axis Greater China Equity Fund of Fund Direct Growth

Axis Greater China Equity Fund of Fund Direct Growth

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Equity
Direct
Global - Other
NAV: ₹ 6.61 as on 22-02-2024
Fund Performance
zero opening, trading, fund transfer fee
908 people have invested ₹ 81.8L 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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Pros

Hold on while we find any good points for this fund.

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

  1. Axis Greater China Equity Fund of Fund Direct Growth has ₹108 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.6.

Axis Greater China Equity Fund of Fund Direct Growth Overview

Expense ratio
Expense ratio
0.62%
Benchmark
Benchmark
MSCI Golden Dragon NR USD
AUM
AUM
₹108 Cr
Inception Date
Inception Date
10 February, 2021
Min Lumpsum/SIP
Min Lumpsum/SIP
₹100/₹100
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
11.59%

Axis Greater China Equity Fund of Fund Direct Growth Distribution as on (31-Dec-69)

  • Equity 92.8%

  • Debt & Cash 7.2%

Size breakup

Large cap
81.6%
Mid cap
10.1%
Small cap
1%
Sector Allocation

Jan'24

Dec'23

Nov'23

Tech
24.6%
Consumer Cyclical
23.7%
Communication
10.4%
Financial Services
10.1%
Industrial
8.3%
Consumer Defensive
6.4%
Health
5.9%
Basic Materials
5.5%
Energy
3.7%
Real Estate
0.9%
Utilities
0.4%

Top Holdings of Axis Greater China Equity Fund of Fund Direct Growth as on (31-Jan-24)

  • Debt & Cash

Debt Holdings1
Holdings
Weight%
1M Change
Schroder ISF Greater China X Acc USD
Schroder ISF Greater China X Acc USD
93.81%
7.8%

Axis Greater China Equity Fund of Fund Direct Growth Highlights

Risk 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 92.76% in Equity, 0% in Debt and 7.24% in Cash related instruments
AUM size ₹108 Cr

AUM size ₹108 Cr

This fund has AUM of ₹108 Cr which is less than its category average of ₹ 467 Cr
Expense Ratio 0.62%

Expense Ratio 0.62%

This fund has an expense ratio of 0.62% which is less than its category average expense ratio of 1.41%

Frequently Asked Questions

The current NAV of Axis Greater China Equity Fund of Fund Direct Growth is ₹6.61 as on 22-Feb-2024.
Existing (Absolute + CAGR) as on 22-Feb-2024.
Axis Greater China Equity Fund of Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
6.79%
6.79%
6 Month Returns
-3.92%
-3.92%
1 Year Returns
-15.04%
-15.04%
3 Years Returns
-32.55%
-12.3%
5 Years Returns
0%
0%
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0.62% as on January 2024
₹108 Cr as on January 2024
Tech(22.82%), Consumer Cyclical(21.98%), Communication(9.67%) as on January 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
-12.29
-
-
As on January 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
0.97
-
-
As on January 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
-1.97
-
-
As on January 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
17.58
-
-
As on January 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%