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Unrated

Axis Global Equity Alpha Fund of Fund - Regular Plan


Suitability:

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. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other international equity fund, if you need to redeem your investment in less than five years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund -- 0.36 -0.31 -- -- -- -- -- -- -- --
S&P BSE 500 TRI -- 0.39 1.71 -- -- -- -- -- -- -- --

As on 23-Oct-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Axis Global Equity Alpha Fund of Fund - Regular Plan
Unrated
Sep-20 -- -- -- -- 887
Franklin India Feeder Franklin US Opportunities Fund  | Invest Online Now
Unrated
Feb-12 48.81 24.75 18.55 1.57 2,252
Motilal Oswal NASDAQ 100 Exchange Traded Fund
Unrated
Mar-11 54.11 28.98 23.53 0.54 1,714
Motilal Oswal Nasdaq 100 FOF - Regular Plan  | Invest Online
Unrated
Nov-18 55.04 -- -- 0.50 1,144
DSP World Gold Fund - Regular Plan  | Invest Online
Unrated
Sep-07 54.77 18.39 17.70 2.46 860

Best & Worst Performance

Best (Period) Worst (Period)
Week 2.80 (07-Oct-2020 - 14-Oct-2020) -1.90 (14-Oct-2020 - 21-Oct-2020)
Month -- ( - ) -- ( - )
Quarter -- ( - ) -- ( - )
Year -- ( - ) -- ( - )

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
S&P BSE 500 TRI* 6.61 21.81 0.07 0.08 -- --

The Risk Measures have been calculated using calendar month returns for the last three years.

As on

* As on 30-Sep-2020

Asset Allocation (%)

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Concentration & Valuation

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Sector Allocation vis-à-vis Category

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Top Holdings

The underlying data is unavailable.

As on 30-Sep-2020

Fund Manager

— R Sivakumar since 04-Sep-2020

Education: Mr. Sivakumar is a B.Tech from IIT Madras and MBA from IIM Ahmedabad.

Experience: Prior to joining Axis AMC he has worked with BNP Paribas Mutual Fund, Sundaram Mutual Fund (2001-2004), HDFC Mutual Fund and ITC Threadneedle.

Funds Managed:


0.36%

Change from previous, NAV as on 23-Oct-2020

Growth: ₹ 10.1852

Dividend: ₹ 10.1852


Investment Strategy

The scheme seeks to provide long term capital appreciation by predominantly investing in Schroder International Selection Fund Global Equity Alpha, a fund that aims to provide capital growth by investing in equity and equity related securities of companies worldwide. The Scheme may also 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.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 100
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 12
Minimum Withdrawal (₹) --
Minimum Balance (₹) --
Exit Load For units in excess of 10% of the investment,1% will be charged for redemption within 365 days

Basic Details

Fund House: Axis Mutual Fund
Launch Date: 24-Sep-2020
Return Since Launch: 1.85%
Benchmark: MSCI World Net Return
Riskometer: High
Type: Open-ended
Assets: ₹ 887 Cr (As on 30-Sep-2020)
Expense: -- (As on )
Risk Grade: --
Return Grade: --
Turnover: --

Contact Information

AMC: Axis Asset Management Company Ltd.

Address: "Axis House" - 1st Floor, C-2 - Wadia International Centre, Pandurang Budhkar Marg , Worli, Mumbai - 400025

Phone: 022-24255161

Fax: 022-43255199

Email: [email protected] / [email protected]

Website: http://www.axismf.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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