Should I invest in Axis Global Innovation Fund of Fund?

We don't give personal investment advice. Axis Global Innovation Fund of Fund - Direct Plan - Growth is suitable for an investor whose:understands what asset class this scheme actually invests in (check the factsheet)matches that asset class's volatility profile to their goal horizonCross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 30.8%. 5-year CAGR: 15.39%.

Axis

Axis Global Innovation Fund of Fund - Direct Plan - Growth

Latest NAV

₹20.4800

As of

2 Jun 2026

1,186 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.69%	+0.76%	-0.07	28 / 54	Q3
1W	+3.02%	+1.08%	+1.94	8 / 54	Q1
2W	+6.39%	+3.45%	+2.94	12 / 54	Q1
1M	+8.88%	+4.86%	+4.02	12 / 54	Q1
3M	+24.88%	+13.53%	+11.35	10 / 53	Q1
6M	+22.49%	+20.98%	+1.50	21 / 53	Q2
YTD	+21.69%	+19.36%	+2.33	22 / 53	Q2
1Y	+45.04%	+47.49%	-2.45	26 / 53	Q2
2Y	+27.95%	+28.79%	-0.85	26 / 53	Q2
3Y	+26.57%	+25.27%	+1.30	23 / 48	Q2
4Y	+22.85%	+20.39%	+2.46	13 / 44	Q2
5Y	+15.39%	+13.36%	+2.04	10 / 32	Q2
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+15.39%	+14.71%	+0.69	20 / 53	Q2

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	+21.69%	+19.97%	+1.71	22 / 51
2025	+20.91%	+31.15%	-10.25	35 / 51
2024	+25.41%	+14.98%	+10.42	13 / 50
2023	+29.71%	+24.15%	+5.56	16 / 45
2022	-20.20%	-13.20%	-7.00	27 / 36
2021	—	—	—	—

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+15.30%

49 windows

min -25.9% · max 45.0%

78% positive

Limited basis — fund is young, so this average may be skewed by which 1Y windows happen to be available.

3-Year rolling

+16.31%

25 windows

min 5.4% · max 26.9%

100% positive

Limited basis — fund is young, so this average may be skewed by which 3Y windows happen to be available.

5-Year rolling

+15.39%

1 window

min 15.4% · max 15.4%

100% positive

Limited basis — fund is young, so this average may be skewed by which 5Y windows happen to be available.

7-Year rolling

—

Insufficient history

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

17.23%

3-year · annualised

Sharpe ratio

1.09

vs risk-free 6.5%

Sortino ratio

2.20

Downside-only deviation

Max drawdown

-22.59%

Feb 2025 → Apr 2025

% positive months

77.8%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Fund of Funds - Overseas

Scheme	Fund house	NAV	As of
HDFC Developed World Overseas Equity Passive FOF - Direct Plan - Growth Option	HDFC	₹21.6210	2 Jun 2026
ICICI Prudential Global Stable Equity Fund (FOF) - Direct - Growth	ICICI Prudential	₹34.3100	2 Jun 2026
Invesco India - Invesco EQQQ Nasdaq-100 ETF Fund of Fund - Direct Plan - Growth	Invesco	₹27.3230	2 Jun 2026
Bandhan US Treasury Bond 0-1 year specific Debt Passive FOF - DIRECT PLAN - GROWTH	Bandhan	₹13.2706	2 Jun 2026
Aditya Birla Sun Life Global Emerging Opportunities Fund - Direct plan - Growth Option	Aditya Birla Sun Life	₹37.2536	2 Jun 2026
Motilal Oswal Developed Market Ex US ETFs Fund of Funds Direct Plan Growth	Motilal Oswal	₹18.4536	2 Jun 2026
Mirae Asset Global Electric & Autonomous Vehicles Equity Passive FOF - Direct Plan - Growth	Mirae Asset	₹20.0150	2 Jun 2026
Kotak Global Emerging Market overseas Equity Omni FOF - Growth - Direct	Kotak	₹46.1010	2 Jun 2026
Edelweiss ASEAN Equity Off-shore Fund - Direct Plan - Growth Option	Edelweiss	₹40.7810	2 Jun 2026
DSP Global Clean Energy Overseas Equity Omni FoF Direct Plan - Growth	DSP	₹32.8984	2 Jun 2026

Recent NAVs

Date	NAV
2 Jun 2026	₹20.4800
1 Jun 2026	₹20.3400
31 May 2026	₹20.1200
29 May 2026	₹20.1300
27 May 2026	₹20.0800
26 May 2026	₹19.8800
22 May 2026	₹19.7000
21 May 2026	₹19.4000
20 May 2026	₹19.3400
19 May 2026	₹19.2500

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 02 Jun 2026, the NAV of Axis Global Innovation Fund of Fund - Direct Plan - Growth is ₹20.4800. It's a Fund of Funds - Overseas from Axis, run as a Direct plan Growth option. NAVs update once per business day from the AMFI feed.

Axis Global Innovation Fund of Fund - Direct Plan - Growth has NAV history starting from 03 Jun 2021, a track record of about 5 years. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

Axis Global Innovation Fund of Fund - Direct Plan - Growth is managed by Axis. It's classified by AMFI under the 'Fund of Funds - Overseas' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Axis Global Innovation Fund of Fund - Direct Plan - Growth has delivered a absolute return of 45.04% — -2.45 pp behind the Fund of Funds - Overseas category average of 47.49%. The fund ranks #26 of 53 in its category — the second (Q2) quartile.

Over the trailing 3-year window, Axis Global Innovation Fund of Fund - Direct Plan - Growth has delivered a CAGR of 26.57% — +1.3 pp ahead of the Fund of Funds - Overseas category average of 25.27%. The fund ranks #23 of 48 in its category — the second (Q2) quartile.

Over the trailing 5-year window, Axis Global Innovation Fund of Fund - Direct Plan - Growth has delivered a CAGR of 15.39% — +2.04 pp ahead of the Fund of Funds - Overseas category average of 13.36%. The fund ranks #10 of 32 in its category — the second (Q2) quartile.

₹1 lakh invested in Axis Global Innovation Fund of Fund - Direct Plan - Growth exactly 5 years ago would be worth approximately ₹204,595 today — a multiplier of 2.05×, based on the 5-year CAGR of 15.39%. The category average over the same window would have grown ₹1 lakh to ₹187,176.

A ₹10,000 monthly SIP in Axis Global Innovation Fund of Fund - Direct Plan - Growth over the last 5 years — total invested ₹600,000 — would be worth ₹1,081,930 today. That's an XIRR (money-weighted annualised return) of 23.79%.

Axis Global Innovation Fund of Fund - Direct Plan - Growth doesn't yet have 10 years of NAVs. Over the longest available window (5-year SIP), ₹10,000/month would have grown to ₹1,081,930 — XIRR 23.79%.

On a 5-year basis, Axis Global Innovation Fund of Fund - Direct Plan - Growth ranks #10 out of 32 funds in the Fund of Funds - Overseas category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is 13.36%; this fund delivered 15.39%.

The worst peak-to-trough decline Axis Global Innovation Fund of Fund - Direct Plan - Growth has experienced over the last 5-year window is 30.84% — its NAV fell from a high on 22 Nov 2021 to a low on 13 Oct 2022. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, Axis Global Innovation Fund of Fund - Direct Plan - Growth averaged 15.39% (best 15.39%, worst 15.39%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is 0.51 — reasonable risk-adjusted performance.

In calendar year 2025, Axis Global Innovation Fund of Fund - Direct Plan - Growth returned 20.91% — lagging the Fund of Funds - Overseas category average of 31.15% by 10.25 pp. It ranked #35 of 51 in its category that year.

Axis Global Innovation Fund of Fund - Direct Plan - Growth doesn't fit cleanly into the standard Equity/Debt buckets in our taxonomy. Tax treatment depends on actual asset allocation as disclosed by the AMC — check the factsheet or AMFI's classification table.

We don't give personal investment advice. Axis Global Innovation Fund of Fund - Direct Plan - Growth is suitable for an investor whose:

understands what asset class this scheme actually invests in (check the factsheet)
matches that asset class's volatility profile to their goal horizon

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 30.8%. 5-year CAGR: 15.39%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.