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Axis Global Innovation Fund of Fund - Direct Plan - Growth

Other Scheme - FoF OverseasDirect Plan, Growth option
19.20NAV as of 17 Jul 2026Data refreshed 5 hours ago
+28.17%over 1Y

Plotted from the real NAV points Fermor has on record for this scheme, not an interpolated daily series.

NAV date
17 Jul 2026
Fund size (AUM)
₹322.51 Cr
Plan / option
Direct Plan, Growth option
Risk (category)
Varies

Investment growth calculator

See what a monthly SIP could grow to using this fund's own trailing returns, or check what a real historical lumpsum investment would be worth today.

Monthly investment
₹5,000
Total invested₹6,00,000
Would grow to₹11,77,775
Est. gains₹5,77,775 (96.3%)

Projected using Axis Global Innovation Fund of Fund - Direct Plan - Growth's own trailing 5 years annualised return (+12.94%). Actual future returns will vary.

Want a fuller projection with your own assumptions? Use the SIP Calculator or Lumpsum Calculator.

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Returns and Rankings

Axis Global Innovation Fund of Fund - Direct Plan - Growth has returned +25.65% over the 1 year to 17 Jul 2026, based on AMFI's historical NAV data.

Returns and Rankings
Fund returns versus category average and rank
Name1Y3Y5Y
Fund returns+25.65%+22.19%+12.94%
Category average (Other Scheme - FoF Overseas)+31.10%+20.54%+11.14%
Rank (Other Scheme - FoF Overseas)31 of 5121 of 4614 of 31

Rank and category average are computed live from every AMFI-registered Direct Plan, Growth option scheme sharing this fund's category, not sourced from a third party.

Category Position: Where This Fund Sits Among Its Peers
1 yearRank 31 of 51 · top 61%
Best in categoryLowest
3 yearsRank 21 of 46 · top 46%
Best in categoryLowest
5 yearsRank 14 of 31 · top 46%
Best in categoryLowest

Advanced Ratios

Computed over the last 12 months (367 days, 235 aligned NAV points) of this fund's own real daily NAV against the Nifty 50, using India's 10-year G-Sec yield (6.8%) as the risk-free rate. This is a shorter window than most competitor sites use (typically 3-5 years), so Sharpe and Sortino can look quite different when recent returns have been weak: we'd rather show the window than hide it.

Advanced Ratios (1Y)
Alpha
25.18
Beta
0.52
Sharpe
0.99
Sortino
0.86

1-year window · vs Nifty 50 · risk-free rate 6.8% (10Y G-Sec).

Exit Load, Stamp Duty and Tax

Every purchase carries a flat 0.005% stamp duty. Exit load, charged only within a certain holding period, is set by the AMC per scheme and disclosed in its SID: check there before redeeming if timing matters.

This scheme is taxed as a debt-oriented fund under current rules. For units bought on or after 1 April 2023, the Finance Act 2023 removed both indexation benefit and long-term capital gains treatment: every gain, regardless of how long the units are held, is added to the investor's income and taxed at their applicable income tax slab rate.

Compare Similar Funds

Select up to three peers from the same category to compare side by side with this fund.

Similar funds in the same category
SelectNameNAV1Y Return
Aditya Birla Sun Life Global Emerging Opportunities Fund - Direct plan - Growth Option
Aditya Birla Sun Life Mutual Fund
35.30+24.32%
Aditya Birla Sun Life Global Excellence Equity Fund Of Fund - Retail Plan - Direct Plan - Growth Option
Aditya Birla Sun Life Mutual Fund
46.98+28.57%
Aditya Birla Sun Life US Treasury 1-3 Year Bond ETFs Fund Of Funds-Direct Growth
Aditya Birla Sun Life Mutual Fund
12.97+15.17%
Aditya Birla Sun Life US Treasury 3-10 Year Bond ETFs Fund Of Funds-Direct Growth
Aditya Birla Sun Life Mutual Fund
13.19+15%
Bandhan US specific Equity Active FOF - GROWTH - DIRECT PLAN
Bandhan Mutual Fund
20.09+17.19%
Bandhan US Treasury Bond 0-1 year specific Debt Passive FOF - DIRECT PLAN - GROWTH
Bandhan Mutual Fund
13.49+15.8%

Peers are AMFI-registered schemes in the same category from different AMCs; NAV and 1-year return are computed from the same daily AMFI feed as this page. Risk shown for peers reflects the shared category, not an individually disclosed riskometer reading. AAUM is only sourced for this page's own scheme today.

What Is NAV?

NAV is the per-unit price of Axis Global Innovation Fund of Fund - Direct Plan - Growth, published daily under SEBI and AMFI rules. See how mutual fund NAV is calculated for the full mechanics.

A fund of funds invests in units of other mutual funds or ETFs rather than buying securities directly, adding an extra layer of expense ratio from the underlying funds.

How to Invest in Axis Global Innovation Fund of Fund - Direct Plan - Growth

Investing follows the same five-step process for any AMFI-registered scheme: complete KYC once, choose Direct or Regular, decide lumpsum or SIP using the calculator above, choose Growth or IDCW, then submit through the AMC, a registered platform, or an RTA. See the full step-by-step guide to investing in mutual funds for detail on each step, including the Direct vs Regular and Growth vs IDCW tradeoffs.

Minimum investment amounts (commonly Rs 100-500 for SIPs and Rs 1,000-5,000 for a lumpsum) are set by each AMC and disclosed in the SID; confirm the exact figure for this scheme before investing.

More Funds From Axis Mutual Fund

Use the SIP Calculator to project returns from a monthly investment in this category, the Lumpsum Calculator for a one-time investment, the CAGR Calculator to work out the annualised return you have actually earned, and the XIRR Calculator for a series of SIP instalments made on different dates.

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Frequently Asked Questions

What is the NAV of Axis Global Innovation Fund of Fund - Direct Plan - Growth?

The NAV of Axis Global Innovation Fund of Fund - Direct Plan - Growth is Rs 19.2000 per unit as of 17 Jul 2026, per AMFI's daily NAV data.

What has been the return of Axis Global Innovation Fund of Fund - Direct Plan - Growth?

Axis Global Innovation Fund of Fund - Direct Plan - Growth returned +25.65% over the 1 year to 17 Jul 2026. Periods of 1 year or longer are annualised; shorter periods are point-to-point.

How does Axis Global Innovation Fund of Fund - Direct Plan - Growth rank against similar funds?

Over 3 years, Axis Global Innovation Fund of Fund - Direct Plan - Growth ranks 21 of 46 Direct Plan, Growth option schemes in the "Other Scheme - FoF Overseas" category, computed live from real AMFI NAV data across every fund in the category.

What does the category "Other Scheme - FoF Overseas" mean?

A fund of funds invests in units of other mutual funds or ETFs rather than buying securities directly, adding an extra layer of expense ratio from the underlying funds.

How risky is Axis Global Innovation Fund of Fund - Direct Plan - Growth?

A fund of funds inherits the risk profile of whatever it holds underneath, so its riskometer level depends entirely on the target fund(s), not this category label alone.

How are gains from Axis Global Innovation Fund of Fund - Direct Plan - Growth taxed?

This scheme is taxed as a debt-oriented fund under current rules. For units bought on or after 1 April 2023, the Finance Act 2023 removed both indexation benefit and long-term capital gains treatment: every gain, regardless of how long the units are held, is added to the investor's income and taxed at their applicable income tax slab rate.

What are similar funds to Axis Global Innovation Fund of Fund - Direct Plan - Growth?

Other AMCs run schemes in the same "Other Scheme - FoF Overseas" category, including Aditya Birla Sun Life Global Emerging Opportunities Fund - Direct plan - Growth Option, Aditya Birla Sun Life Global Excellence Equity Fund Of Fund - Retail Plan - Direct Plan - Growth Option, Aditya Birla Sun Life US Treasury 1-3 Year Bond ETFs Fund Of Funds-Direct Growth. Compare their NAV and 1-year returns in the "Compare Similar Funds" section on this page.

Disclaimer: NAV and historical return data is sourced from AMFI and refreshed daily. Risk profile and tax treatment described on this page are general, category-level information, not this specific scheme's officially disclosed riskometer level or individualised tax advice. Category average and rank are computed live from real AMFI NAV data across the category and may include or exclude schemes depending on what history Fermor has recorded for each one. Mutual fund investments are subject to market risk. Past performance does not indicate future returns. This page is for informational purposes only and does not constitute investment advice. Consult a SEBI-registered investment adviser or a chartered accountant before making investment or tax decisions.

Axis Global Innovation Fund of Fund - Direct Plan - Growth
19.2000 NAV
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