Axis Global Innovation Fund of Fund - Regular Plan - IDCW

Axis Global Innovation Fund of Fund - Regular Plan - IDCW is a scheme launched by Axis Mutual Fund on May 28, 2021, and falls under the International fund category. It currently manages an AUM of Rs 564.92 crore. The fund permits investments with a minimum SIP of Rs 100 and a lump sum of Rs 100. It charges an expense ratio of 1.62% for managing the portfolio.

• Investing Strategy:

  To provide long term capital appreciation by predominantly investing in units of Schroder International Selection Fund Global Disruption, an equity fund that aims to provide capital growth by investing companies worldwide which benefit from disruption and to invest a part of corpus in debt, money market instruments and / or units of liquid schemes in order to meet liquidity requirements from time to time.

• Performance:

  Axis Global Innovation Fund of Fund - Regular Plan - IDCW trailing returns over different times are 25.59% (1 year), 21.1% (3 year) and 0% (5 year). The average annual return of this fund stands at 15.92%.