Axis Global Innovation Fund Of Fund

Review Date: 07-03-2025

A review of the different performance parameters of the fund is as follows:

1. Returns: It captures the increment in the investment's value during the investment period, articulated as either a percentage or a monetary denomination. We carefully examined five return parameters of this fund to gauge its performance. The return parameters have been divided into three performance groups: the top 25%, parameters below the top 25% but exceeding the average, and parameters below the average mark. Please find the detailed analysis below.
   1. Top 25%: The fund does not have any return parameter in the top 25% in the category.
   2. Above Average Below the Top 25%: The Axis Global Innovation Fund of Fund has one return parameter in the category, which is above average but below the top 25%, as listed below:
      
      • 3Y Return %
   3. Below Average: Axis Global Innovation Fund of Fund has four return parameters that are below average in the category, which are listed below:
      
      • 1Y Return %
      • 6M Return %
      • 3M Return %
      • 1M Return %
2. Risk: It refers to the chance of suffering a financial loss or not reaching the expected profits due to a variety of circumstances. Two risk parameters of the fund are divided into three groups the lowest 25%, below average but above the lowest 25%, and above average, which are described below.
   1. Lowest 25%: Axis Global Innovation Fund of Fund does not have any risk parameters in the lowest 25% of the category. It means high risk compared to other funds in the category.
   2. Below Average but Above the Lowest 25%: Axis Global Innovation Fund of Fund has one risk parameter that is below average but above the lowest 25% in the category. These are:
      • Standard Deviation: It is a measure of the dispersion of a set of data from its mean. It is calculated as the square root of variance by determining the variation between each data point relative to the mean. The higher the standard deviation, the greater the risk. The standard deviation of the fund is 17.06 %.
   3. Above Average: Axis Global Innovation Fund of Fund has one parameter that is above average which is listed below:
      • Semi-Deviation: It is a measure of the dispersion of a set of data from its mean. It is calculated as the square root of variance by determining the variation between each data point relative to the mean. The higher the semi-deviation, the greater the risk. The semi-deviation of the fund is 12.51 %.
3. Risk Adjusted Performance Parameters: Risk-adjusted performance parameters in mutual funds are parameters that assess the return on investments based on the risks involved. These parameters provide a platform for investors to compare various investments, by considering both profits and the risks involved. For Axis Global Innovation Fund of Fund, we have evaluated four risk-adjusted performance parameters.
   1. Top 25% Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the top 25% of the category.
   2. Above Average Below Top 25% Risk Adjusted Performance Parameters: Axis Global Innovation Fund of Fund has three risk-adjusted performance parameters of the fund that are in the this group of the category.
      • Sharpe Ratio: Axis Global Innovation Fund of Fund has a Sharpe Ratio of 0.29 compared to the category average of 0.13.
      • Sterling Ratio: Axis Global Innovation Fund of Fund has a Sterling Ratio of 0.4 compared to the category average of 0.32.
      • Sortino Ratio: Axis Global Innovation Fund of Fund has a Sortino Ratio of 0.16 compared to the category average of 0.09.
   3. Below Average Risk Adjusted Performance Parameters: Axis Global Innovation Fund of Fund has one risk-adjusted performance parameter of the fund that is below average in the category.
      • Treynor Ratio: Axis Global Innovation Fund of Fund has a Treynor Ratio of 0.08 compared to the category average of 0.1.

Date	Axis Global Innovation Fund Of Fund NAV Regular Growth	Axis Global Innovation Fund Of Fund NAV Direct Growth
07-03-2025	13.11	13.66
06-03-2025	13.25	13.8
05-03-2025	13.29	13.85
04-03-2025	13.21	13.76
03-03-2025	13.65	14.22
28-02-2025	13.38	13.94
25-02-2025	13.71	14.28
24-02-2025	13.83	14.41
21-02-2025	14.03	14.61
20-02-2025	14.02	14.6
19-02-2025	14.05	14.63
18-02-2025	14.16	14.74
14-02-2025	14.08	14.66
13-02-2025	13.95	14.52
12-02-2025	13.81	14.38
11-02-2025	13.94	14.51
10-02-2025	14.1	14.68
07-02-2025	14.12	14.7