Axis Global Innovation Fund of Fund Direct growth

Equity • Global • Direct growth

Fund Info

Equity

Global

Direct growth

Launched On

28 May 2021

4 years ago

Lock-in Period

No lock-in

NAV

as of 13 May 2025

₹13.86

-0.5025% (0.00)

AUM

₹467 Cr

Expense ratio

0.86%

Benchmark

MSCI ACWI NR LCL

Fund Plan

Tax info and exit load

Taxes

Units held less than 1Y

20.00%

Units held more than 1Y

12.50%

Exit Load

If units sold before 12M

If units sold after 12M

What's in this fund?

Sectors

Technology

40.38%

Communication Services

16.61%

Consumer Cyclical

12.92%

Healthcare

12.45%

Industrials

8.80%

Fund Managers

Krishnaa N

Experience: 1.18 yrs • Total AUM: 8,32,423 Cr

CAGR

₹1,000 invested for 5 years

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Distribution

Asset split

Market capital

Equity95.88%

Cash4.12%

Fund House

Axis

Inc: 09 Oct 2009 • Total AUM: ₹2,88,870 Cr • Rank #7

Axis Mutual Fund, started in 2009, has Axis Bank Limited as its sponsor. The fund house is headed by Gop Kumar Bhaskaran as the CEO. As of 31 March 2024, it has an AUM of ₹ 2,74,000 Cr. It functions under the holding company Schroder Singapore Holdings Private Limited. The fund house has more than 1.26 Crore active investor accounts and a presence in over 100 cities.

Risk

Category risk

Very high

As provided by the fund house document, this risk is specific to this fund category (Equity). To know the risk of this fund particularly, check 'Risk vs Category'.

Disclaimer: Top rated funds do not constitute any advice. Research data is powered by Morningstar. Please read the offer documents carefully before investing. Upstox shall not accept any liability arising out of your investments.

Tax info and exit load

What is tax on Mutual funds?

Profits gained from investment in mutual funds are subject to taxation like any other asset-class investments. Factors that affect these taxes are:

Fund types (debt-oriented or equity)
Dividend
Capital gains
Holding period of investor

What is exit load?

It is a fee charged by the mutual fund houses if investors exit a scheme partially or fully within a certain period from the date of investment, as specified in the Scheme Information Document.

What are Indexation benefits?

Indexation is used to adjust the purchase price of an investment to reflect the effect of inflation on it. A higher purchase price means lesser profits, which effectively means a lower tax. With the help of indexation, you will be able to lower your long-term capital gains, which brings down your taxable income.