OTHER•FOFS OVERSEAS
Axis Global Innovation Fund of Fund
3 Year return
26.34%
NAV on August 27, 2026
20.27
1D Returns
+0.05%
Launched on May 2021(5 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
₹
Your Investment₹3,600
Gain
53.28%₹1,918
Total Value ₹5,518
Risk Involved
Your principal will be at
Very High Risk
Scheme Information
Asset Under Management
₹883.8 Cr.
Expense Ratio
0.82% (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
Value Research
0
Crisil
0
Morning Star
0
Tax Implications
Withdrawal within 1 year:
20% tax on gains
Withdrawal after 1 year:
12.5% tax on gains above ₹1.25 lakh per financial year
Axis Mutual Fund Manager
KN
Krishnaa N
Fund Manager since Mar 2024
Fund House Details
Axis Mutual Fund
Asset management company
AUM
₹3,77,445.09 Cr.
No. of Schemes
275
Setup Date
January 2009
Schemes by Axis Mutual Fund
List of mutual fund schemes by AMC
Funds
3 Years Returns
Hybrid . Aggressive Hybrid Fund
Axis Aggressive Hybrid Fund Direct Plan Monthly IDCW Reinvestment10.5044%
Hybrid . Aggressive Hybrid Fund
Axis Aggressive Hybrid Fund Direct Plan Quarterly IDCW Payout10.3429%
Hybrid . Aggressive Hybrid Fund
Axis Aggressive Hybrid Fund Direct Plan Quarterly IDCW Reinvestment10.3429%
Axis Global Innovation Fund of Fund Direct Plan Growth is an open-ended mutual fund scheme offered by Axis Mutual Fund. The fund belongs to the category of fund-of-funds. A fund-of-funds scheme is a pooled investment fund that invests in other funds. The scheme invests in Schroder International Selection Fund Global Equity Alpha. The Schroder International Selection Fund Global Equity Alpha invests in equity and equity-related securities of companies across the globe.
Investment Objective of the Scheme
It targets generating capital appreciation through long-term investment. By investing in the Axis Global Innovation Fund of Fund Direct, investors can get exposure to global companies and sunrise sectors that are not present in India. The fund invests in a diversified portfolio and has the potential to generate better risk-adjusted returns.
Key Features of The Fund
5-year return
13.2715%
Expense Ratio
0.82%
Fund Manager
Krishnaa N
Fund Size
₹883.8 Cr.
Risk Profile
Very High
Is This Scheme Right for Me?
The fund-of-fund is suitable for investors with advanced knowledge of the market and macroeconomic trends. The risk quotient of the fund is very high. You may consider investing if you have a high-risk tolerance level and are aware of global market trends since the fund invests in international securities. Make sure that the investment fits into your overall financial goals.
AMC Contact Details
| Name | Axis Mutual Fund |
| Launch Date | January 2009 |
| Address | Axis House, First Floor, C-2, Wadia International Centre, Pandurang Budhkar Marg, Worli, Mumbai - 400025 |
| Contact | 8108622211 |
| 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.
Combat Inflation with SIP Investments
Compound growth and steady contributions through SIPs balance the negative effects of inflation, guaranteeing that your money increases faster than inflation. Use Angel One's free SIP calculator online to estimate potential returns and plan your inflation-hedging investment strategy effectively.
FAQs
What is today's NAV of Axis Global Innovation Fund of Fund?
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 Innovation Fund of Fund on August 27, 2026, is ₹20.27
What is the AUM of Axis Global Innovation Fund of Fund?
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 Innovation Fund of Fund, is ₹883.8 crore.
What is the expense ratio of Axis Global Innovation Fund of Fund?
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 Innovation Fund of Fund is 0.82%
What are the returns of Axis Global Innovation Fund of Fund since inception?
The Axis Global Innovation Fund of Fund was launched on May 10, 2021. The fund has delivered a CAGR of undefined since inception.
What is the minimum SIP amount to invest in Axis Global Innovation Fund of Fund?
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 Innovation Fund of Fund is ₹100.
How do I invest in Axis Global Innovation Fund of Fund?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- 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.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in Axis Global Innovation Fund of Fund?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in Axis Global Innovation Fund of Fund?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in Axis Global Innovation Fund of Fund?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.
ENTER AMOUNT
₹
₹5,518 in 3Y at 26.3412% returns
SIP Date1st of every month
Your next SIP Payment will be on 27 September 2026
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