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Home>NFOs>Axis Mutual Fund>Axis Global Equity Alpha Fund of Fund Direct - Growth - NFO

Axis Global Equity Alpha Fund of Fund Direct - Growth - NFO

Other
FoF Overseas/Domestic
High Risk
Launch date04 Sep 2020
Allotment date24 Sep 2020
End date18 Sep 2020
NAV₹10.00

Fund Overview

Overview of Axis Global Equity Alpha Fund of Fund Direct - Growth - NFO

Expense ratio, exit load and tax

Expense ratio: 0.39%

Inclusive of GST

Exit load

For units in excess of 10% of the investment,1% will be charged for redemption within 365 days

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Understand terms

Minimum investment amounts

Min. for 1st investmentNA
Min. for 2nd investment onwardsNA
Min. for SIPNA

Fund management

Hitesh Das
Sep 2020 - Present
View details

Education
Mr. Das is a PGDM, M.Tech, B.Tech
Experience
Prior to joining Axis Mutual Fund, he has worked with Barclays Securities India Pvt. Ltd., Credit Suisse Securities (India) Pvt. Ltd., Ebusinessware (India) Pvt. Ltd., Yes Bank.
Also manages these schemes

Fund house & investment objective

Rank (total assets)#7 in India
Total AUM₹2,61,160.43Cr
Date of Incorporation04 Sep 2009

Axis Global Equity Alpha Fund of Fund Direct - Growth - NFO is a Other Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made a
Axis Global Equity Alpha Fund of Fund Direct - Growth - NFO is a Other Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 04 Sep 2009. R Sivakumar is the Current Fund Manager of Axis Global Equity Alpha Fund of Fund Direct - Growth - NFO fund. The fund currently has an Asset Under Management(AUM) of ₹2,61,160 Cr and the Latest NAV as of 24 Sep 2020 is ₹10.00. The Axis Global Equity Alpha Fund of Fund Direct - Growth - NFO is rated High risk. Minimum SIP Investment is set to ₹1,000. For units in excess of 10% of the investment,1% will be charged for redemption within 365 days
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Fund house contact details

Address
"Axis House" - 1st Floor,C-2 - Wadia International Centre,Pandurang Budhkar Marg , Worli, Mumbai 400025
Phone
022-24255161
Launch Date
04 Sep 2009
Amc Image
Axis Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
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