Axis Global Innovation FoF Direct Growth

Launch date10 May 2021
Allotment date28 May 2021
End date24 May 2021
NAV₹10.00

Expense ratio, exit load and tax

Expense ratio: 0.82%

Inclusive of GST

Exit load

Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 12 months.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

If you redeem within two years, returns are taxed as per your Income Tax slab. If you redeem after two years, returns are taxed at 12.5%.

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Minimum investment amounts

Min. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported

Fund house & investment objective

Rank (total assets)#7 in India
Total AUM₹3,69,123.21Cr
Date of Incorporation04 Sep 2009

Axis Global Innovation FoF Direct Growth is a Equity 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 Innovation FoF Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹3,69,123 Cr and the Latest NAV as of 22 Jun 2026 is ₹19.73. The Axis Global Innovation FoF Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹100. Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 12 months. ;

Investment Objective

The schemes seeks 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 benchmarkMSCI All Country World Total Return Index

Fund house contact details

Address
23rd Floor, One Lodha Place,S. B. Road, Lower Parel. Mumbai 400013
Phone
022-24255161
Launch Date
04 Sep 2009
E-mail
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