Axis Global Innovation Fund Of Fund Overview
Category FoF Overseas
BMSMONEY Rank N/A
BMSMONEY Rating N/A
Gro. Opt. As On: 20-12-2024
NAV ₹13.13(R) -1.72% ₹13.66(D) -1.73%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 22.03% 7.7% -% -% -%
LumpSum (D) 23.17% 8.86% -% -% -%
SIP (R) -32.24% 6.19% -% -% -%
SIP (D) -31.58% 7.3% -% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
-0.02 0.03 0.18 -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
18.16% -32.97% -27.23% - 13.32%

No data available

NAV Date: 20-12-2024

Scheme Name NAV Rupee Change Percent Change
Axis Global Innovation Fund of Fund - Regular Plan - Growth 13.13
-0.2300
-1.7200%
Axis Global Innovation Fund of Fund - Regular Plan - IDCW 13.14
-0.2300
-1.7200%
Axis Global Innovation Fund of Fund - Direct Plan - Growth 13.66
-0.2400
-1.7300%
Axis Global Innovation Fund of Fund - Direct Plan - IDCW 13.66
-0.2400
-1.7300%

Review Date: 20-12-2024

A review of the different performance parameters of the fund is as follows:
  1. Returns: It denotes the rise in the investment's worth during the investment period, expressed as a percentage or a monetary value. As part of our analysis, we evaluated five return parameters of this fund. We have classified the return parameters into three performance groups: the top 25%, parameters that fall below the top 25% but remain above average, and parameters that are below average. The performance of each parameter is outlined 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 four return parameters in the category, which are above average but below the top 25%, as listed below:
      • 1M Return %
      • 3M Return %
      • 1Y Return %
      • 3Y Return %
    3. Below Average: Axis Global Innovation Fund of Fund has one return parameter that is below average in the category, which is listed below:
      • 6M Return %
  2. Risk: The threat of not realizing projected profits or even facing financial loss due to different issues is known as risk. For Axis Global Innovation Fund of Fund, we have analyzed two risk parameters and divided them 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 18.16 %.
    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 13.32 %.
  3. Risk Adjusted Performance Parameters: In mutual funds, risk-adjusted performance parameters are evaluation tools that gauge the returns of an investment against the risk taken. They assist investors in comparing various investments, factoring in both risk and returns. We have evaluated three risk-adjusted performance parameters of the fund.
    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 -0.02 compared to the category average of -0.09.
      • Sterling Ratio: Axis Global Innovation Fund of Fund has a Sterling Ratio of 0.18 compared to the category average of 0.16.
      • Sortino Ratio: Axis Global Innovation Fund of Fund has a Sortino Ratio of 0.03 compared to the category average of 0.0.
    3. Below Average Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the above average but below top 25% of the category.


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 0.92
-1.09
-10.52 | 4.35 14 | 47 Good
3M Return % 2.34
-0.13
-16.85 | 14.06 17 | 36 Good
6M Return % 2.98
3.02
-9.27 | 17.00 21 | 38 Average
1Y Return % 22.03
13.52
-25.59 | 33.82 17 | 46 Good
3Y Return % 7.70
4.36
-7.07 | 15.41 12 | 36 Good
1Y SIP Return % -32.24
-32.26
-40.19 | -19.70 9 | 23 Good
3Y SIP Return % 6.19
9.40
-4.26 | 24.27 9 | 16 Average
Standard Deviation 18.16
18.86
9.87 | 28.01 17 | 34 Good
Semi Deviation 13.32
12.97
7.19 | 19.32 21 | 34 Average
Max Drawdown % -27.23
-25.44
-41.94 | -9.70 21 | 34 Average
VaR 1 Y % -32.97
-26.08
-36.68 | -15.27 29 | 34 Poor
Average Drawdown % -8.36
-15.04
-41.94 | -4.04 11 | 34 Good
Sharpe Ratio -0.02
-0.09
-0.65 | 0.47 14 | 34 Good
Sterling Ratio 0.18
0.16
-0.18 | 0.64 15 | 34 Good
Sortino Ratio 0.03
0.00
-0.22 | 0.24 15 | 34 Good
Return data last Updated On : Dec. 20, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Nov. 29, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 1.04 -1.05 -10.46 | 4.38 13 | 47
3M Return % 2.55 0.03 -16.73 | 14.32 17 | 36
6M Return % 3.41 3.31 -9.01 | 17.55 21 | 38
1Y Return % 23.17 14.24 -25.18 | 35.24 16 | 46
3Y Return % 8.86 5.17 -6.21 | 15.86 12 | 36
1Y SIP Return % -31.58 -31.85 -39.71 | -18.91 9 | 23
3Y SIP Return % 7.30 10.25 -3.25 | 24.75 9 | 16
Standard Deviation 18.16 18.86 9.87 | 28.01 17 | 34
Semi Deviation 13.32 12.97 7.19 | 19.32 21 | 34
Max Drawdown % -27.23 -25.44 -41.94 | -9.70 21 | 34
VaR 1 Y % -32.97 -26.08 -36.68 | -15.27 29 | 34
Average Drawdown % -8.36 -15.04 -41.94 | -4.04 11 | 34
Sharpe Ratio -0.02 -0.09 -0.65 | 0.47 14 | 34
Sterling Ratio 0.18 0.16 -0.18 | 0.64 15 | 34
Sortino Ratio 0.03 0.00 -0.22 | 0.24 15 | 34
Return data last Updated On : Dec. 20, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Nov. 29, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D -1.72 ₹ 9,828.00 -1.73 ₹ 9,827.00
1W -3.81 ₹ 9,619.00 -3.80 ₹ 9,620.00
1M 0.92 ₹ 10,092.00 1.04 ₹ 10,104.00
3M 2.34 ₹ 10,234.00 2.55 ₹ 10,255.00
6M 2.98 ₹ 10,298.00 3.41 ₹ 10,341.00
1Y 22.03 ₹ 12,203.00 23.17 ₹ 12,317.00
3Y 7.70 ₹ 12,493.00 8.86 ₹ 12,899.00
5Y ₹ ₹
7Y ₹ ₹
10Y ₹ ₹
15Y ₹ ₹

Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 -32.24 ₹ 9,781.66 -31.58 ₹ 9,830.09
3Y ₹ 36000 6.19 ₹ 39,550.54 7.30 ₹ 40,211.60
5Y ₹ 60000 ₹ ₹
7Y ₹ 84000 ₹ ₹
10Y ₹ 120000 ₹ ₹
15Y ₹ 180000 ₹ ₹


Date Axis Global Innovation Fund Of Fund NAV Regular Growth Axis Global Innovation Fund Of Fund NAV Direct Growth
20-12-2024 13.13 13.66
19-12-2024 13.36 13.9
18-12-2024 13.68 14.23
17-12-2024 13.66 14.21
16-12-2024 13.65 14.19
13-12-2024 13.65 14.2
12-12-2024 13.61 14.15
11-12-2024 13.55 14.09
10-12-2024 13.57 14.11
09-12-2024 13.63 14.17
06-12-2024 13.56 14.1
05-12-2024 13.56 14.1
04-12-2024 13.49 14.03
03-12-2024 13.37 13.9
02-12-2024 13.26 13.79
29-11-2024 13.14 13.66
27-11-2024 13.15 13.68
26-11-2024 13.11 13.63
25-11-2024 13.13 13.65
22-11-2024 13.04 13.55
21-11-2024 13.01 13.52

Fund Launch Date: 28/May/2021
Fund Category: FoF Overseas
Investment Objective: 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.
Fund Description: An open ended fund of fund scheme investing in Schroder International Selection Fund Global Disruption
Fund Benchmark: MSCI All Country World Total Returns Index
Source: Fund FactSheet

Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.