December 11, 2023
mayank
Axis Global Innovation FoF details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
Current NAV:
NAV Growth: Rs 10.7200
NAV IDCW: Rs 10.7200
Suitable For Which Investors?
This is a fund that invests mainly in shares of foreign companies. When you invest for five years or more, you can expect gains that beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.
International equity funds are suitable to invest a part of your money in for diversification, so that if the Indian markets are going through a sharp correction, a portion of your money is insulated. But make sure you invest in a fund that has a broad mandate of investing in companies of different sizes, sectors and countries.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy:
The schemes seeks to provide long term capital appreciation by predominantly investing in units of Schroder International Selection Fund Global Disruption, an equity fund that aims to provide capital growth by investing companies worldwide which benefit from disruption and to invest a part of corpus in debt, money market instruments and / or units of liquid schemes in order to meet liquidity requirements from time to time.
Fund Manager:
1) Vinayak Jayanath
Education: Nil
Experience: Nil
Investment Details
| Min. Investment (Rs) | 100 |
| Min. Addl Investment (Rs) | 100 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | — |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | For units in excess of 10% of the investment, 1% will be charged for redemption Within 365 days |
Basic Details of Axis Global Innovation FoF
| Fund House | Axis Mutual Fund |
| Launch Date | 28-May-21 |
| Return Since Launch | 2.78% |
| Benchmark | MSCI All Country World TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 722 Cr |
| (As on 30-Nov-2023) | |
| Expense | 0.46% |
| (As on 31-Oct-2023) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | — |
Axis Global Innovation FoF Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Axis Global Innovation FoF Dir | 23.93 | 0.37 | 4.89 | 4.08 | 6.99 | 19.91 | — | — | — | — |
| S&P BSE 500 TRI | 21.82 | -0.01 | 8.40 | 6.96 | 17.79 | 18.28 | — | — | — | — |
Peer Comparison of Axis Global Innovation FoF
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| Axis Global Innovation FoF Dir | Unrated | 19.91 | — | — | 0.46 | 722 | 2.78 | 1.00 (365) | 2Y 6M | — |
| Motilal Oswal Nasdaq 100 FOF Dir | Unrated | 38.11 | 12.12 | 22.04 | 0.18 | 4,235 | 22.51 | 1.00 (15) | 5Y | — |
| Franklin Ind Feeder Franklin US Opp Dir | Unrated | 29.24 | 4.86 | 16.15 | 0.52 | 3,214 | 16.51 | 1.00 (365) | 10Y 11M | 2.44 |
| ICICI Pru US Bluechip Eqt Dir | Unrated | 22.19 | 12.81 | 17.18 | 1.12 | 2,807 | 16.64 | 1.00 (30) | 10Y 11M | 91.00 |
| Motilal Oswal S&P 500 Index Dir | Unrated | 19.33 | 12.68 | — | 0.55 | 2,654 | 16.98 | 1.00 (7) | 3Y 7M | 10.00 |
How to Invest in Axis Global Innovation FoF?
Chanakya’s Mutual Fund Guidance For Axis Global Innovation FoF
Do not invest in this, or any other international equity fund, if you need to redeem your investment in less than five years.
Apply Online: https://www.axismf.com/mutual-funds
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