Axis Global Equity Alpha Fund of Fund
Axis Mutual Fund · International FoF · Direct plan, growth option
NAV (₹), 1 Oct 2026
26.6767
1-day change
-0.51%
1Y return
19.6%
3Y CAGR
24.6%
5Y CAGR
15.8%
Max drawdown, 5Y
−19.9%
NAV history month-end NAV, ₹ · 30 Sep 2020 to 1 Oct 2026
Returns vs International FoF median (49 schemes) and “Global / multi-region” median (15)
| Period | Scheme | Category median | Global / multi-region median |
|---|---|---|---|
| 1 month | -0.4% | -0.4% | 0.9% |
| 3 months | 5.0% | 1.0% | 3.1% |
| 6 months | 15.2% | 14.1% | 15.2% |
| Year to date | 14.3% | 17.5% | 14.4% |
| 1 year | 19.6% | 21.9% | 19.5% |
| 3 years (CAGR) | 24.6% | 25.1% | 23.2% |
| 5 years (CAGR) | 15.8% | 12.9% | 11.8% |
| 7 years (CAGR) | n/a | 15.1% | 13.8% |
| 10 years (CAGR) | n/a | 12.4% | 11.4% |
| Since first NAV (CAGR) | 17.7% | – | – |
“Global / multi-region” is MFIC's grouping of International FoF schemes by the theme or index in their names, not an AMFI category.
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 20.4% | 11.9% |
| 3Y rolling median | 15.0% | 11.5% |
| 3Y rolling worst | 6.4% | -2.6% |
| 3Y periods positive | 100% | 99% |
| 3Y periods ahead of benchmark | n/a | n/a |
| 5Y rolling median | 15.7% | 9.9% |
| 5Y rolling worst | 13.7% | 2.5% |
| 5Y periods ahead of benchmark | n/a | n/a |
Benchmark: none available in MFIC's free data for this category.
Risk 36 months, monthly returns, Rf 6.5%
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | 13.2% | 17.2% |
| Sharpe ratio | 1.47 | 1.22 |
| Sortino ratio | 2.97 | 2.23 |
| Beta | n/a | n/a |
| Alpha (ann.) | n/a | n/a |
| Upside capture | n/a | n/a |
| Downside capture | n/a | n/a |
Drawdowns peak-to-trough falls in NAV
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −19.9% | −30.1% |
| Maximum drawdown, last 10Y | n/a | −34.8% |
| Maximum drawdown, last 5Y | −19.9% | −27.5% |
| Current drawdown | −2.9% | −4.6% |
| Recovery time of worst fall | 242 days | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
Market context from Integrato Market Intelligence
This scheme invests mainly in the markets below, which are also close to how many of them are benchmarked. Where those markets stand today:
- 1Y +23.7% · 3Y +27.1% p.a. · 5Y +18.1% p.a. (index fund NAV, after costs)
- −0.8% from its 52-week high (proxy NAV)
- 1Y +33.7% · 3Y +33.9% p.a. · 5Y +21.9% p.a. (index fund NAV, after costs)
- At its 52-week high (proxy NAV)
- 1Y +0.1% · 3Y +19.7% p.a. · 5Y +7.8% p.a. (index fund NAV, after costs)
- −7.0% from its 52-week high (proxy NAV)
Index levels and P/E: NSE daily index closing values; gold and silver: IBJA rates; returns: growth NAV of an index fund or ETF tracking the market (AMFI), so they are after that fund's costs. Context only: a market's level or valuation does not tell you how any scheme will perform. Explore all markets.
Direct or Regular for this scheme?
The Regular plan's expense ratio is 1.59% a year and the Direct plan's 0.80%, a gap of 0.79%; over the last 3 years the Direct plan returned 0.94 percentage points a year more. On a ₹25,000 monthly SIP for 20 years (illustration at 12% a year before costs) the gap adds up to about ₹18,81,685.
With the Regular plan, that cost pays a distributor to help you plan, choose and review funds, and stay invested when markets fall. Whether it is worth it depends on how much of that you will do yourself.
TER: AMFI TER disclosure. Returns: AMFI NAVs. Illustration, not a guaranteed saving or return.
Fund managers and scheme facts Scheme Summary Document via AMFI
| Fund manager | Role | Managing since |
|---|---|---|
| Krishnaa N | Foreign Securities | 1 Mar 2024 |
Objective: To provide long term capital appreciation by predominantly investing in Schroder International Selection Fund Global Equity Alpha, a fund that aims to provide capital growth by investing in equity and equity related securities of companies worldwide. The Scheme may also 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. However, there can be no assurance that the investment objective of the Scheme will be realized
Stated asset allocation: Units / shares of Schroder International Selection Fund Global Equity Alpha - (95%-100%), Debt, Money market instruments and / or units of liquid schemes - (0%-5%)
Benchmark (tier 1): MSCI World Net Total Return Index (INR)
Exit load: If redeemed/switched out on or before 12 months from the date of allotment: For 10% of investment: Nil on FIFO basis.For remaining investment: 1% w.e.f., 04/09/2020
Minimum application: ₹100
Allotment date: 24 Sep 2020
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
Cost, size and riskometer as disclosed to AMFI
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Direct plan | 0.80% | 0.59% |
| AUM, whole scheme (₹ crore) | 2,482 | 328 |
| Riskometer | Very High | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
Official benchmark and category consistency
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Month-ends above category median (3Y CAGR) | 86% | 54% median |
| Month-ends in category top quartile (3Y) | 46% | 15% median |
Official benchmark: MSCI World - Net Return Index (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, International FoF Direct plans; how it is calculated.
Calendar-year returns NAV change from 31 Dec to 31 Dec
| Year | Scheme | Benchmark | Difference |
|---|---|---|---|
| 2026 YTD | 14.3% | n/a | – |
| 2025 | 26.6% | n/a | – |
| 2024 | 21.8% | n/a | – |
| 2023 | 21.3% | n/a | – |
| 2022 | -7.6% | n/a | – |
| 2021 | 23.8% | n/a | – |
No free benchmark proxy for this category. The first year starts from the first 31 December in the scheme's history.
Monthly SIP of ₹10,000 first business day of each month, ending 1 Oct 2026
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,32,250 | 19.5% |
| 3 years | ₹3,60,000 | ₹5,04,655 | 23.2% |
| 5 years | ₹6,00,000 | ₹10,04,405 | 20.7% |
Uses this plan's NAVs; ignores stamp duty, exit loads and taxes. One historical path only — the interactive SIP analyzer shows outcomes across every start date.
Scheme facts
AMC: Axis Mutual Fund
Category: International FoF
Plan / option: Direct · Growth
AMFI scheme code: 148485
ISIN: INF846K01X06
First NAV in MFIC data: 30 Sep 2020
History: 6.0 years
Portfolio holdings: see the scheme's monthly portfolio disclosure on the fund house website
Schemes that behaved similarly correlation of monthly returns, last 5 years
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| SBI US Specific Equity Active FoF | International FoF | 0.92 | 27.8% |
| Axis Global Innovation Fund of Fund | International FoF | 0.92 | 27.8% |
| Motilal Oswal S&P 500 Index Fund | Index Fund | 0.91 | 27.8% |
| Sundaram Global Brand Theme-Equity Active FOF | International FoF | 0.91 | 19.6% |
| DSP US Specific Equity Omni FoF | International FoF | 0.90 | 28.6% |
| Invesco India - Invesco Global Equity Income Fund of Fund | International FoF | 0.90 | 22.6% |
Questions about Axis Global Equity Alpha Fund of Fund
- What is the latest NAV of Axis Global Equity Alpha Fund of Fund?
- The NAV of the Direct plan (growth option) was ₹26.6767 on 1 Oct 2026, as published by AMFI.
- Which category is Axis Global Equity Alpha Fund of Fund in?
- It is classified as International FoF in AMFI's daily NAV file. MFIC compares it with 49 International FoF schemes (Direct plans).
- What returns has Axis Global Equity Alpha Fund of Fund delivered?
- Over one year the NAV changed by 19.6%. The 3-year CAGR is 24.6% (category median 25.1%) and the 5-year CAGR is 15.8% (category median 12.9%). Returns are after expenses and before tax. Past performance may or may not be sustained in future.
- How consistent have its 3-year returns been?
- Measuring a 3-year CAGR from every business day in its history, the median was 15.0%, the lowest was 6.4%, and 100% of 3-year periods ended with a gain.
- What was the largest fall in Axis Global Equity Alpha Fund of Fund's NAV?
- The largest peak-to-trough fall in its available history was 19.9%; within the last five years it was 19.9% (category median 27.5%).
- How volatile is Axis Global Equity Alpha Fund of Fund?
- Its annualised standard deviation of monthly returns over the last 36 months is 13.2%, which is below the International FoF category median of 17.2%.
- What would a monthly SIP in Axis Global Equity Alpha Fund of Fund have grown to?
- A SIP of ₹10,000 on the first business day of each month for the last 5 years (60 instalments, ₹6,00,000 invested) would have been worth about ₹10,04,405 on 1 Oct 2026, an annualised return (XIRR) of 20.7%. This uses the Direct plan's NAVs, ignores taxes and exit loads, and past performance may or may not be sustained in future.
- What is the expense ratio (TER) of Axis Global Equity Alpha Fund of Fund?
- The total expense ratio of the Direct plan is 0.80% a year, as disclosed to AMFI (median of International FoF Direct plans: 0.59%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is Axis Global Equity Alpha Fund of Fund?
- Assets under management of the whole scheme were ₹2,482 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of Axis Global Equity Alpha Fund of Fund?
- AMFI lists the scheme's riskometer as “Very High”, and its benchmark's as “Very High”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- How often has Axis Global Equity Alpha Fund of Fund beaten its category?
- At 86% of the 37 month-ends compared over the last 10 years, its 3-year return was above the median of International FoF schemes (Direct plans); it was in the top quarter at 46% of them. A typical scheme would show about 50%.
- Who manages Axis Global Equity Alpha Fund of Fund?
- According to its Scheme Summary Document, Axis Global Equity Alpha Fund of Fund is managed by Krishnaa N (since 1 Mar 2024).
- What is the exit load of Axis Global Equity Alpha Fund of Fund?
- As stated in its scheme documents: If redeemed/switched out on or before 12 months from the date of allotment: For 10% of investment: Nil on FIFO basis.For remaining investment: 1% w.e.f., 04/09/2020 Check the latest Scheme Information Document before investing, as loads can change.
- What is the minimum investment in Axis Global Equity Alpha Fund of Fund?
- The minimum application amount is ₹100. SIP details: SIP Daily, Weekly - 100, Monthly 100.00, SIP Yearly - 12000.00 SWP - 1000 STP - Daily, Weekly, Fortnightly, Monthly - 1000 and Quarterly 3000.00 . Choti SIP - Maximum one SIP under the facility of exactly equal to Rs. 250/- is allowed. The facility is restricted to three SIP’s across all Mutual Funds (one each in upto three Asset Management Companies)..
- What is the difference between the Direct and Regular plans?
- Both plans hold the same portfolio; the Regular plan includes distribution costs in its expense ratio. Over one year the Direct plan's NAV changed by 19.6% and the Regular plan's by 18.6%. The Regular plan includes the services of a distributor.
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Data & disclosure. Source: AMFI daily NAV file and historical NAVs via mfapi.in; calculations by MFIC, as of 1 Oct 2026. Category medians use Direct plans in the same AMFI category. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance may or may not be sustained in future. This page is for research and education only and is not investment advice or a recommendation to buy, sell or hold any scheme. Integrato Financial Services Pvt. Ltd. is an AMFI-registered Mutual Fund Distributor (ARN-173155). Methodology.