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Axis Global Innovation FoF - Direct Plan


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 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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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund -- -0.56 -1.20 -0.37 4.28 -- -- -- -- -- --
S&P BSE 500 TRI -- -0.10 1.09 8.02 13.05 -- -- -- -- -- --

As on 24-Sep-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Axis Global Innovation FoF - Direct Plan
May-21 -- -- -- 0.39 1,840
Franklin India Feeder Franklin US Opportunities Fund - Direct Plan  | Invest Online Now
Jan-13 37.97 24.37 24.97 0.52 3,919
Motilal Oswal Nasdaq 100 FOF - Direct Plan  | Invest Online
Nov-18 38.72 -- -- 0.10 3,631
Motilal Oswal S&P 500 Index Fund - Direct Plan  | Invest Online
Apr-20 36.83 -- -- 0.49 2,058
Edelweiss US Technology Equity FoF - Direct Plan  | Invest Online
Mar-20 47.68 -- -- 1.32 1,888

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 3.22 19-Jul-2021 - 26-Jul-2021 -3.03 13-Sep-2021 - 20-Sep-2021
Month 5.29 07-Jun-2021 - 07-Jul-2021 -1.01 25-Aug-2021 - 24-Sep-2021
Quarter 9.59 09-Jun-2021 - 08-Sep-2021 3.99 23-Jun-2021 - 22-Sep-2021
Year -- - -- -

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
S&P BSE 500 TRI* 16.64 22.81 0.55 0.63 -- --

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

As on

* As on 31-Aug-2021

Asset Allocation (%)

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Concentration & Valuation

The underlying data is unavailable.

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal Schroder ISF Global Disruption Class X USD Acc Financial -- 96.94

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Aug-2021

Fund Manager

— Hitesh Das since 10-May-2021

Education: Mr. Das is a PGDM, M.Tech, B.Tech

Experience: Prior to joining Axis Mutual Fund, he has worked with Barclays Securities India Pvt. Ltd., Credit Suisse Securities (India) Pvt. Ltd., Ebusinessware (India) Pvt. Ltd., Yes Bank.

Funds Managed:

— R Sivakumar since 10-May-2021

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:


Change from previous, NAV as on 24-Sep-2021

Growth: ₹ 10.7300

IDCW: ₹ 10.7300

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.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 100
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 6
Minimum Withdrawal (₹) --
Minimum Balance (₹) --
Lock-in Period Not Applicable
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: 28-May-2021
Return Since Launch: 7.30%
Benchmark: MSCI All Country World TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 1,840 Cr (As on 31-Aug-2021)
Expense: 0.39% (As on 31-Aug-2021)
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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