Axis Global Equity Alpha Fund of Fund Direct Growth

Fund Overview

Fund Size

₹880 Cr

Expense Ratio

0.97%

ISIN

INF846K01X06

Minimum SIP

₹100

Exit Load

1.00%

Inception Date

24 Sep 2020

About this fund

Axis Global Equity Alpha Fund of Fund Direct Growth is a Global - Other mutual fund schemes offered by Axis Mutual Fund. This fund has been in existence for 3 years, 7 months and 24 days, having been launched on 24-Sep-20.
As of 16-May-24, it has a Net Asset Value (NAV) of ₹16.82, Assets Under Management (AUM) of 880.21 Crores, and an expense ratio of 0.97%.

Axis Global Equity Alpha Fund of Fund Direct Growth has given a CAGR return of 15.35% since inception.
The fund's asset allocation comprises around 95.14% in equities, 0.00% in debts, and 4.86% in cash & cash equivalents.
You can start investing in Axis Global Equity Alpha Fund of Fund Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹100.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+26.32%

— (Cat Avg.)

3 Years

+11.36%

— (Cat Avg.)

Since Inception

+15.35%

— (Cat Avg.)

Portfolio Summaryas of 30th April 2024

Equity	₹837.4 Cr	95.14%
Others	₹42.81 Cr	4.86%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
Schroder ISF Global Eq Alp X1 Acc USD	Mutual Fund - Open End	₹853.28 Cr	96.94%
Clearing Corporation Of India Ltd	Cash - Repurchase Agreement	₹30.95 Cr	3.52%
Net Receivables / (Payables)	Cash	₹-4.02 Cr	0.46%

Allocation By Market Cap (Equity)

Large Cap Stocks

86.87%

Mid Cap Stocks

9.48%

Small Cap Stocks

Other Allocation

Equity Sector

Debt & Others

Instruments	Amount	Holdings
Mutual Fund - Open End	₹853.28 Cr	96.94%
Cash - Repurchase Agreement	₹30.95 Cr	3.52%
Cash	₹-4.02 Cr	0.46%

Risk & Performance Ratios

Standard Deviation

This fund

13.55%

Cat. avg.

Lower the better

Sharpe Ratio

This fund

0.32

Cat. avg.

Higher the better

Sortino Ratio

This fund

Cat. avg.

Higher the better

Fund Managers

Krishnaa N

Since March 2024

Additional Scheme Detailsas of 30th April 2024

	ISIN	INF846K01X06		Expense Ratio	0.97%		Exit Load	1.00%		Fund Size	₹880 Cr		Age	24 Sep 2020		Lumpsum Minimum	₹100		Fund Status	Open Ended Investment Company		Benchmark	MSCI World (Net Total Return)

Investment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Withdrawal within 1 year

Flat 15% tax on realised gains (STCG - short term capital gains)

Withdrawal after 1 year

10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Global - Other Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Aditya Birla Sun Life Commodity Equity Global Agricultural Regular Growth Very High Risk	1.7%	1.0%	₹13.04 Cr	-3.0%
HSBC Asia Pacific (Ex Japan) Dividend Yield Fund Regular Growth Very High Risk	2.0%	1.0%	₹6.31 Cr	17.4%
HSBC Asia Pacific (Ex Japan) Dividend Yield Fund Direct Growth Very High Risk	1.6%	1.0%	₹6.31 Cr	18.0%
Franklin Asian Equity Fund Regular Growth Very High Risk	2.5%	1.0%	₹231.17 Cr	6.9%
DSP Global Innovation Fund of Fund Direct Growth Very High Risk	1.1%	0.0%	₹753.67 Cr	47.2%
DSP Global Innovation Fund of Fund Regular Growth Very High Risk	2.0%	0.0%	₹753.67 Cr	45.9%
Aditya Birla Sun Life Global Emerging Opportunities Fund Regular Growth Very High Risk	2.0%	0.0%	₹258.85 Cr	26.0%
Edelweiss US Value Equity Offshore Fund Regular Growth Very High Risk	2.3%	1.0%	₹101.38 Cr	20.7%
Edelweiss US Value Equity Offshore Fund Direct Growth Very High Risk	1.4%	1.0%	₹101.38 Cr	21.7%
ICICI Prudential Global Advantage Fund (FOF) Regular Growth Very High Risk	2.4%	1.0%	₹297.65 Cr	16.7%

About the AMC

Axis Mutual Fund

+91 22 43255161

https://www.axismf.com/

Total AUM

₹2,79,542 Cr

Address

Axis House, 1st Floor, C-2, Wadia International Centre, Mumbai, 400 025

Other Funds by Axis Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Axis Fixed Term Plan Series 120 (91 Days) Direct Growth Moderate Risk	-	0.0%	-	-
Axis US Treasury Dynamic Bond ETF Fund of Fund Direct Growth Very High Risk	0.1%	0.0%	₹96.79 Cr	-
Axis India Manufacturing Fund Direct Growth Very High Risk	0.4%	1.0%	₹4683.25 Cr	-
Axis Fixed Term Plan Series 118 100 Days Direct Growth Moderate Risk	-	0.0%	-	-
Axis Fixed Term Plan Series 113 1228 Days Direct Growth Low to Moderate Risk	-	0.0%	-	6.9%
Axis Fixed Term Plan Series 110 1553 Days Direct Growth Moderate Risk	-	0.0%	-	-
Axis Fixed Term Plan Series 105 1128 Days Direct Growth Moderate Risk	-	0.0%	-	-
Axis Fixed Term Plan Series 112 1143 Days Direct Growth Low to Moderate Risk	-	0.0%	-	6.7%
Axis Nifty SDL September 2026 Debt Index Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹77.96 Cr	6.9%
Axis Banking & PSU Debt Fund Direct Growth Moderate Risk	0.3%	0.0%	₹13655.95 Cr	6.7%
Axis Global Equity Alpha Fund of Fund Direct Growth Very High Risk	1.0%	1.0%	₹880.21 Cr	26.3%
Axis Nifty Smallcap 50 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹293.15 Cr	72.5%
Axis Flexi Cap Fund Direct Growth Very High Risk	0.7%	1.0%	₹5310.41 Cr	33.3%
Axis Money Market Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹8551.93 Cr	7.6%
Axis Equity Hybrid Fund Direct Growth Very High Risk	1.0%	1.0%	₹1588.78 Cr	21.0%
Axis Special Situations Fund Direct Growth Very High Risk	1.2%	1.0%	₹1216.85 Cr	35.9%
Axis Corporate Debt Fund Direct Growth Moderate Risk	0.3%	0.0%	₹5336.26 Cr	7.3%
Axis ESG Equity Fund Direct Growth Very High Risk	1.2%	1.0%	₹1362.05 Cr	29.4%
Axis Arbitrage Fund Direct Growth Low Risk	0.3%	0.0%	₹4177.79 Cr	8.3%
Axis Greater China Equity Fund of Fund Direct Growth Very High Risk	0.6%	1.0%	₹146.76 Cr	4.4%
Axis Value Fund Direct Growth Very High Risk	1.1%	1.0%	₹531.98 Cr	50.7%
Axis All Seasons Debt Fund of Funds Direct Growth Moderately High risk	0.2%	1.0%	₹172.61 Cr	7.1%
Axis Gilt Fund Direct Growth Moderate Risk	0.4%	0.0%	₹328.09 Cr	7.8%
Axis Bluechip Fund Direct Growth Very High Risk	0.6%	1.0%	₹33351.61 Cr	28.6%
Axis Dynamic Bond Fund Direct Growth Moderate Risk	0.3%	0.0%	₹1713.46 Cr	6.4%
Axis Gold Fund Direct Growth High Risk	0.2%	1.0%	₹482.60 Cr	20.0%
Axis Focused 25 Fund Direct Growth Very High Risk	0.8%	1.0%	₹13893.00 Cr	26.7%
Axis Regular Saver Fund Direct Growth Very High Risk	0.8%	1.0%	₹336.50 Cr	10.0%
Axis Strategic Bond Fund Direct Growth Moderately High risk	0.3%	1.0%	₹1970.65 Cr	7.6%
Axis Long Term Equity Fund Direct Growth Very High Risk	0.8%	0.0%	₹35641.94 Cr	31.8%
Axis Short Term Fund Direct Growth Moderate Risk	0.3%	0.0%	₹7944.42 Cr	7.1%
Axis Liquid Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹32647.93 Cr	7.4%
Axis Multi Asset Allocation Fund Direct Growth Very High Risk	1.3%	1.0%	₹1202.42 Cr	21.1%
Axis Midcap Fund Direct Growth Very High Risk	0.5%	1.0%	₹26636.78 Cr	45.2%
Axis Treasury Advantage Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹5464.57 Cr	7.5%
Axis Equity Saver Fund Direct Growth Moderately High risk	1.1%	1.0%	₹907.89 Cr	18.7%
Axis Balanced Advantage Fund Direct Growth Moderately High risk	0.9%	1.0%	₹2123.94 Cr	26.9%
Axis Nifty Midcap 50 Index Fund Direct Growth Low Risk	0.2%	0.0%	₹280.68 Cr	56.8%
Axis Nifty IT Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹105.45 Cr	-
Axis CRISIL IBX 50:50 Gilt Plus SDL September 2027 Index Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹34.01 Cr	6.6%
Axis Credit Risk Fund Direct Growth Moderately High risk	0.8%	1.0%	₹460.54 Cr	7.6%
Axis Ultra Short Term Fund Direct Growth Moderate Risk	0.3%	0.0%	₹4651.04 Cr	7.6%
Axis Multicap Fund Direct Growth Very High Risk	0.7%	1.0%	₹5310.41 Cr	50.4%
Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund Direct Growth Moderate Risk	0.2%	0.0%	₹68.60 Cr	6.6%
Axis Nifty AAA Bond Plus SDL Apirl 2026 50:50 ETF Fund Of Funds Direct Growth Low to Moderate Risk	0.1%	0.0%	₹291.83 Cr	6.6%
Axis Silver Fund of Funds Direct Growth Very High Risk	0.1%	0.0%	₹37.60 Cr	18.8%
Axis Nifty Next 50 Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹165.80 Cr	64.7%
Axis CRISIL IBX 70:30 CPSE Plus SDL April 2025 Index Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹541.26 Cr	7.0%
Axis Long Duration Fund Direct Growth Moderate Risk	0.3%	0.0%	₹249.29 Cr	6.8%
Axis Nifty 50 Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹449.43 Cr	24.6%

Risk Level

Your principal amount will be at Very High Risk

Still got questions?
We're here to help.

What is the current NAV of Axis Global Equity Alpha Fund of Fund Direct Growth?

The NAV of Axis Global Equity Alpha Fund of Fund Direct Growth, as of 16-May-2024, is ₹16.82.

What are the returns of Axis Global Equity Alpha Fund of Fund Direct Growth?

The fund has generated 26.32% over the last 1 year and 11.36% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.

What is the portfolio composition of Axis Global Equity Alpha Fund of Fund Direct Growth?

The fund's allocation of assets is distributed as 95.14% in equities, 0.00% in bonds, and 4.86% in cash and cash equivalents.

Who manages the Axis Global Equity Alpha Fund of Fund Direct Growth?

The fund managers responsible for Axis Global Equity Alpha Fund of Fund Direct Growth are:-

Krishnaa N

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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Axis Global Equity Alpha Fund of Fund Direct Growth

Fund Overview