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:
|S&P BSE 500 TRI||3.66||-1.13||0.09||6.48||25.35||--||--||--||--||--||--|
As on 15-Jan-2021
|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||Sep-20||--||--||--||1.66||1,297|
|Franklin India Feeder Franklin US Opportunities Fund | Invest Online Now||Feb-12||39.62||24.89||20.82||1.55||2,723|
|Motilal Oswal NASDAQ 100 Exchange Traded Fund||Mar-11||47.31||29.65||26.34||0.54||2,589|
|Motilal Oswal Nasdaq 100 FOF - Regular Plan | Invest Online||Nov-18||47.58||--||--||0.50||1,702|
|ICICI Prudential US Bluechip Equity Fund | Invest Now||Jul-12||20.69||18.06||17.70||2.46||1,051|
|Best (Period)||Worst (Period)|
|Week||9.93 (02-Nov-2020 - 09-Nov-2020)||-4.15 (23-Oct-2020 - 30-Oct-2020)|
|Month||8.95 (30-Oct-2020 - 01-Dec-2020)||-2.46 (30-Sep-2020 - 30-Oct-2020)|
|Quarter||10.27 (09-Oct-2020 - 08-Jan-2021)||7.20 (14-Oct-2020 - 13-Jan-2021)|
|Year||-- ( - )||-- ( - )|
|S&P BSE 500 TRI*||10.60||22.83||0.26||0.30||--||--|
The Risk Measures have been calculated using calendar month returns for the last three years.
* As on 31-Dec-2020
|The underlying data is unavailable.|
|Company||Sector||P/E||3Y High||3Y Low||% Assets|
|Schroder ISF Global Equity Alpha||Financial||--||98.79|
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 31-Dec-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.
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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.
|Minimum Investment (₹)||5,000|
|Minimum Addl Investment (₹)||100|
|Minimum SIP Investment (₹)||1,000|
|Minimum No of Cheques||6|
|Minimum Withdrawal (₹)||--|
|Minimum Balance (₹)||--|
|Exit Load||For units in excess of 10% of the investment,1% will be charged for redemption within 365 days|
|Fund House:||Axis Mutual Fund|
|Return Since Launch:||9.66%|
|Benchmark:||MSCI World Net Return|
|Assets:||₹ 1,297 Cr (As on 31-Dec-2020)|
|Expense:||1.66% (As on 31-Dec-2020)|
Registrar & Transfer Agent: KFin Technologies Pvt Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016
Email: [email protected]