Dezerv

Fund Overview

Fund Size

Fund Size

₹821 Cr

Expense Ratio

Expense Ratio

0.84%

ISIN

ISIN

INF846K01X06

Minimum SIP

Minimum SIP

₹100

Exit Load

Exit Load

1.00%

Inception Date

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 4 years and 19 days, having been launched on 24-Sep-20.
As of 11-Oct-24, it has a Net Asset Value (NAV) of ₹17.83, Assets Under Management (AUM) of 821.44 Crores, and an expense ratio of 0.84%.
  • Axis Global Equity Alpha Fund of Fund Direct Growth has given a CAGR return of 15.37% since inception.
  • The fund's asset allocation comprises around 95.60% in equities, 0.00% in debts, and 4.40% 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

+27.30%

(Cat Avg.)

3 Years

+10.70%

(Cat Avg.)

Since Inception

+15.37%

(Cat Avg.)

Portfolio Summaryas of 30th September 2024

Equity785.27 Cr95.60%
Others36.17 Cr4.40%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Schroder ISF Global Eq Alp X1 Acc USDMutual Fund - Open End800.91 Cr97.50%
Clearing Corporation Of India LtdCash - Repurchase Agreement26.84 Cr3.27%
Net Receivables / (Payables)Cash-6.31 Cr0.77%

Other Allocation

Equity Sector

Debt & Others

InstrumentsAmount sortHoldings sort
Mutual Fund - Open End800.91 Cr97.50%
Cash - Repurchase Agreement26.84 Cr3.27%
Cash-6.31 Cr0.77%

Risk & Performance Ratios

Standard Deviation

This fund

13.64%

Cat. avg.

--

Lower the better

Sharpe Ratio

This fund

0.40

Cat. avg.

--

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

--

Higher the better

Fund Managers

KN

Krishnaa N

Since March 2024

Additional Scheme Detailsas of 30th September 2024

ISIN
INF846K01X06
Expense Ratio
0.84%
Exit Load
1.00%
Fund Size
₹821 Cr
Age
4 years
Lumpsum Minimum
₹100
Fund Status
Open Ended Investment Company
Benchmark
MSCI World (Net Total Return)

Investment ObjectiveInvestment 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

Capital Gains Taxation:

  • If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
  • If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
  • Holding the units: No tax is applicable as long as you continue to hold the units.

Dividend Taxation:

Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only 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 nameExpense RatioExit LoadFund 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

2.1%1.0%₹6.43 Cr28.6%
HSBC Asia Pacific (Ex Japan) Dividend Yield Fund Direct Growth

Very High Risk

1.7%1.0%₹6.43 Cr29.0%
Franklin Asian Equity Fund Regular Growth

Very High Risk

2.5%1.0%₹260.53 Cr22.9%
DSP Global Innovation Fund of Fund Direct Growth

Very High Risk

1.2%0.0%₹892.26 Cr36.7%
DSP Global Innovation Fund of Fund Regular Growth

Very High Risk

2.0%0.0%₹892.26 Cr35.4%
Aditya Birla Sun Life Global Emerging Opportunities Fund Regular Growth

Very High Risk

2.1%0.0%₹240.39 Cr28.0%
Edelweiss US Value Equity Offshore Fund Regular Growth

Very High Risk

2.3%1.0%₹115.59 Cr25.7%
Edelweiss US Value Equity Offshore Fund Direct Growth

Very High Risk

1.4%1.0%₹115.59 Cr26.8%
ICICI Prudential Global Advantage Fund (FOF) Regular Growth

Very High Risk

2.3%1.0%₹349.86 Cr29.5%

About the AMC

Total AUM

₹3,14,919 Cr

Address

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

Other Funds by Axis Mutual Fund

Fund nameExpense RatioExit LoadFund 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%₹77.40 Cr-
Axis India Manufacturing Fund Direct Growth

Very High Risk

0.3%1.0%₹6375.52 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%-8.0%
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%-8.4%
Axis Nifty SDL September 2026 Debt Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹80.22 Cr8.7%
Axis Banking & PSU Debt Fund Direct Growth

Moderate Risk

0.3%0.0%₹13159.60 Cr8.1%
Axis Global Equity Alpha Fund of Fund Direct Growth

Very High Risk

0.8%1.0%₹821.44 Cr27.3%
Axis Nifty Smallcap 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹441.10 Cr53.4%
Axis Flexi Cap Fund Direct Growth

Very High Risk

0.7%1.0%₹13464.10 Cr38.7%
Axis Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹14298.79 Cr7.9%
Axis Equity Hybrid Fund Direct Growth

Very High Risk

1.1%1.0%₹1701.53 Cr27.7%
Axis Special Situations Fund Direct Growth

Very High Risk

1.3%1.0%₹1300.41 Cr44.5%
Axis Corporate Debt Fund Direct Growth

Moderate Risk

0.3%0.0%₹6097.83 Cr9.1%
Axis ESG Equity Fund Direct Growth

Very High Risk

1.3%1.0%₹1445.59 Cr38.0%
Axis Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹5528.88 Cr8.2%
Axis Greater China Equity Fund of Fund Direct Growth

Very High Risk

0.5%1.0%₹254.70 Cr19.3%
Axis Value Fund Direct Growth

Very High Risk

1.0%1.0%₹749.10 Cr51.0%
Axis All Seasons Debt Fund of Funds Direct Growth

Moderately High risk

0.2%0.0%₹140.55 Cr10.4%
Axis Gilt Fund Direct Growth

Moderate Risk

0.3%0.0%₹613.14 Cr12.1%
Axis Bluechip Fund Direct Growth

Very High Risk

0.7%1.0%₹36108.58 Cr30.2%
Axis Dynamic Bond Fund Direct Growth

Moderate Risk

0.3%0.0%₹1689.05 Cr9.6%
Axis Gold Fund Direct Growth

High Risk

0.2%1.0%₹603.24 Cr28.8%
Axis Focused 25 Fund Direct Growth

Very High Risk

0.8%1.0%₹14469.77 Cr31.8%
Axis Regular Saver Fund Direct Growth

Very High Risk

0.9%1.0%₹305.39 Cr13.0%
Axis Strategic Bond Fund Direct Growth

Moderately High risk

0.5%1.0%₹1945.49 Cr9.9%
Axis Long Term Equity Fund Direct Growth

Very High Risk

0.8%0.0%₹39252.74 Cr34.6%
Axis Short Term Fund Direct Growth

Moderate Risk

0.4%0.0%₹9341.54 Cr8.9%
Axis Liquid Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹25268.68 Cr7.5%
Axis Multi Asset Allocation Fund Direct Growth

Very High Risk

1.1%1.0%₹1311.75 Cr26.2%
Axis Midcap Fund Direct Growth

Very High Risk

0.5%1.0%₹32015.56 Cr47.5%
Axis Treasury Advantage Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹6048.87 Cr8.0%
Axis Equity Saver Fund Direct Growth

Moderately High risk

1.0%1.0%₹1008.21 Cr19.4%
Axis Balanced Advantage Fund Direct Growth

Moderately High risk

0.8%1.0%₹2577.32 Cr29.8%
Axis Nifty Midcap 50 Index Fund Direct Growth

Low Risk

0.3%0.0%₹415.55 Cr42.3%
Axis Nifty IT Index Fund Direct Growth

Very High Risk

0.3%0.0%₹134.31 Cr32.2%
Axis CRISIL IBX 50:50 Gilt Plus SDL September 2027 Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹33.19 Cr9.1%
Axis Credit Risk Fund Direct Growth

Moderately High risk

0.8%1.0%₹430.38 Cr9.0%
Axis Ultra Short Term Fund Direct Growth

Moderate Risk

0.4%0.0%₹5201.51 Cr7.9%
Axis Multicap Fund Direct Growth

Very High Risk

0.6%1.0%₹6817.21 Cr52.4%
Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹70.20 Cr9.3%
Axis Nifty AAA Bond Plus SDL Apirl 2026 50:50 ETF Fund Of Funds Direct Growth

Low to Moderate Risk

0.1%0.0%₹276.81 Cr7.7%
Axis Silver Fund of Funds Direct Growth

Very High Risk

0.2%0.0%₹51.00 Cr26.5%
Axis Nifty Next 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹293.73 Cr66.6%
Axis CRISIL IBX 70:30 CPSE Plus SDL April 2025 Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹508.14 Cr7.6%
Axis Long Duration Fund Direct Growth

Moderate Risk

0.3%0.0%₹387.20 Cr13.7%
Axis Nifty 50 Index Fund Direct Growth

Very High Risk

0.1%0.0%₹558.17 Cr27.1%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk
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The NAV of Axis Global Equity Alpha Fund of Fund Direct Growth, as of 11-Oct-2024, is ₹17.83.
The fund has generated 27.30% over the last 1 year and 10.70% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 95.60% in equities, 0.00% in bonds, and 4.40% in cash and cash equivalents.
The fund managers responsible for Axis Global Equity Alpha Fund of Fund Direct Growth are:-
  1. Krishnaa N