3 Year return

10.04%
Launched on September 2020 (4 years)

Investment Details

₹100

Minimum SIP Amount

₹100

Minimum one time investment

Fund has no lock-in period

Calculate Returns

Based on past performance of this fund

ENTER AMOUNT

Your Investment ₹3,00,000
Gain
  • Total Value

ENTER AMOUNT

Your Investment
Gain
  • Total Value

Risk Involved

scale

Your principal will be at

Very High Risk

Scheme Information

Asset Under Management

₹922.09 Cr.

Expense Ratio

0.97% (inclusive of GST)

Exit Load

If redeemed / switched-out within 12 months - For 10% of investment: Nil For remaining investment: 1% If redeemed/switched out after 12 months from the date of allotment: Nil

Ratings

0

Ratings by other agencies

0
0
0

Tax Implications

There are no records found for Tax Implications.

Fund Holdings

Holdings

Axis Mutual Fund Managers

HD

Hitesh Das

Fund Manager since Jun 2023

Fund House Details

Axis Mutual Fund Asset management company

AUM ₹275,166.00 Cr.
No. of Schemes 252
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by Axis Mutual Fund

List of mutual fund schemes by AMC

About Axis Global Equity Alpha Fund of Fund Direct Plan Growth

Axis Global Equity Alpha FoF Direct-Growth is an international mutual fund scheme presented by Axis Mutual Fund. This fund offers a gateway to global opportunities by investing predominantly in Schroder International Selection Fund Global Equity Alpha. Investors can not only gain access to global companies unavailable in India but also participate in emerging sectors and global themes. The fund leverages Schroders' global expertise to provide better risk-adjusted returns through global diversification.

Investment Objectives of the Scheme

The fund aims to drive long-term capital appreciation by primarily investing in Schroder International Selection Fund Global Equity Alpha, a fund that targets capital growth by investing in equities and related securities of companies worldwide. The fund may also allocate a portion of its corpus in debt, money market instruments, or liquid schemes to meet liquidity requirements as needed.

Key Features of The Fund

5-year return NA
Expense Ratio 0.97%
Fund Manager Hitesh Das
Fund Size ₹922.09 Cr
Risk Profile Very High

Is This Scheme Right for Me?

If you're an investor seeking long-term capital appreciation and are interested in accessing worldwide equities, this fund might be your ideal choice. By investing in the Schroder International Selection Fund Global Equity Alpha, the fund aims to capitalise on the growth of global companies. Keep in mind that like all investments, it comes with its share of risks. Ensure that your investments are consistently in line with your financial objectives and your capacity to bear risk.

AMC Contact Details

Name Axis Mutual Fund
Launch Date January 2009
Addresss Axis House, First Floor, C-2, Wadia International Centre, Pandurang Budhkar Marg, Worli, Mumbai - 400025
Contact 8108622211
Email customerservice@axismf.com
Website https://www.axismf.com/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

FAQs

What is today's NAV of Axis Global Equity Alpha Fund of Fund Direct Plan Growth?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Axis Global Equity Alpha Fund of Fund Direct Plan Growth Apr 10 2024 is 16.271

What is the AUM of Axis Global Equity Alpha Fund of Fund Direct Plan Growth?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Axis Global Equity Alpha Fund of Fund Direct Plan Growth is 922.09 crore.

What is the expense ratio of Axis Global Equity Alpha Fund of Fund Direct Plan Growth?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of Axis Global Equity Alpha Fund of Fund Direct Plan Growth is 0.97%

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

The Axis Global Equity Alpha Fund of Fund Direct Plan Growth was launched on Sep 04 2020. The fund has delivered a CAGR of 14.72 since inception.

What is the minimum SIP amount to invest in Axis Global Equity Alpha Fund of Fund Direct Plan Growth?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Axis Global Equity Alpha Fund of Fund Direct Plan Growth is 100.

How do I invest in Axis Global Equity Alpha Fund of Fund Direct Plan Growth?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in Axis Global Equity Alpha Fund of Fund Direct Plan Growth?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in Axis Global Equity Alpha Fund of Fund Direct Plan Growth?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in Axis Global Equity Alpha Fund of Fund Direct Plan Growth?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.