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 - IDCW 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: 13.38%.

Axis

Axis Global Innovation Fund of Fund - Direct Plan - IDCW

Latest NAV

₹19.1900

As of

17 Jul 2026

1,216 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	-2.74%	-0.85%	-1.88	38 / 40	Q4
1W	-2.34%	-0.60%	-1.74	31 / 40	Q4
2W	-1.89%	-0.65%	-1.25	27 / 40	Q3
1M	-1.79%	-0.87%	-0.92	27 / 40	Q3
3M	+6.61%	+4.22%	+2.40	15 / 40	Q2
6M	+12.03%	+7.73%	+4.30	11 / 39	Q2
YTD	+14.02%	+11.22%	+2.80	16 / 39	Q2
1Y	+26.83%	+26.45%	+0.38	19 / 39	Q2
2Y	+19.40%	+18.43%	+0.97	19 / 38	Q2
3Y	+22.15%	+17.94%	+4.21	11 / 34	Q2
4Y	+22.29%	+18.21%	+4.08	11 / 32	Q2
5Y	+13.38%	+10.51%	+2.87	10 / 27	Q2
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+13.55%	+10.45%	+3.10	11 / 39	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	+14.02%	+12.15%	+1.87	16 / 34
2025	+20.91%	+30.95%	-10.05	22 / 34
2024	+25.41%	+11.95%	+13.45	7 / 33
2023	+29.71%	+19.92%	+9.79	10 / 32
2022	-20.20%	-14.30%	-5.90	21 / 28
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

+15.12%

51 windows

min -24.5% · max 45.5%

78% positive

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

3-Year rolling

+16.58%

27 windows

min 6.5% · max 27.0%

100% positive

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

5-Year rolling

+13.72%

2 windows

min 13.4% · max 14.1%

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

15.89%

3-year · annualised

Sharpe ratio

0.96

vs risk-free 6.5%

Sortino ratio

1.83

Downside-only deviation

Max drawdown

-22.59%

Feb 2025 → Apr 2025

% positive months

75.0%

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
ICICI Prudential Global Stable Equity Fund (FOF) - Direct - IDCW	ICICI Prudential	₹36.3700	17 Jul 2026
Invesco India - Invesco Global Consumer Trends Fund of Fund - Direct Plan - IDCW (Payout / Reinvestment)	Invesco	₹13.0237	17 Jul 2026
Bandhan US Treasury Bond 0-1 year specific Debt Passive FOF - DIRECT PLAN - IDCW	Bandhan	₹13.4869	17 Jul 2026
Aditya Birla Sun Life US Equity Passive FOF-Direct IDCW	Aditya Birla Sun Life	₹22.5819	17 Jul 2026
Kotak Global Emerging Market Overseas Equity Omni FOF - Payout of Income Distribution cum capital withdrawal option - Direct	Kotak	₹41.5050	17 Jul 2026
DSP Global Clean Energy Overseas Equity Omni FoF - Direct Plan - IDCW	DSP	₹21.3384	17 Jul 2026
HSBC Brazil Fund - IDCW Direct Plan	HSBC	₹11.3337	17 Jul 2026
Axis Global Equity Alpha Fund of Fund - Direct Plan - IDCW	Axis	₹25.8323	17 Jul 2026
Sundaram Global Brand Theme-Equity Active FOF - Direct IDCW	Sundaram	₹40.0504	16 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹19.1900
16 Jul 2026	₹19.7300
15 Jul 2026	₹19.8800
14 Jul 2026	₹19.7100
13 Jul 2026	₹19.7200
10 Jul 2026	₹19.6500
9 Jul 2026	₹19.5200
8 Jul 2026	₹19.1700
7 Jul 2026	₹19.4800
6 Jul 2026	₹19.6000

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 17 Jul 2026, the NAV of Axis Global Innovation Fund of Fund - Direct Plan - IDCW is ₹19.1900. It's a Fund of Funds - Overseas from Axis, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

Axis Global Innovation Fund of Fund - Direct Plan - IDCW has NAV history starting from 03 Jun 2021, a track record of about 5 years 1 months. 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 - IDCW 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 - IDCW has delivered a absolute return of 26.83% — +0.38 pp ahead of the Fund of Funds - Overseas category average of 26.45%. The fund ranks #19 of 39 in its category — the second (Q2) quartile.

Over the trailing 3-year window, Axis Global Innovation Fund of Fund - Direct Plan - IDCW has delivered a CAGR of 22.15% — +4.21 pp ahead of the Fund of Funds - Overseas category average of 17.94%. The fund ranks #11 of 34 in its category — the second (Q2) quartile.

Over the trailing 5-year window, Axis Global Innovation Fund of Fund - Direct Plan - IDCW has delivered a CAGR of 13.38% — +2.87 pp ahead of the Fund of Funds - Overseas category average of 10.51%. The fund ranks #10 of 27 in its category — the second (Q2) quartile.

₹1 lakh invested in Axis Global Innovation Fund of Fund - Direct Plan - IDCW exactly 5 years ago would be worth approximately ₹187,402 today — a multiplier of 1.87×, based on the 5-year CAGR of 13.38%. The category average over the same window would have grown ₹1 lakh to ₹164,823.

A ₹10,000 monthly SIP in Axis Global Innovation Fund of Fund - Direct Plan - IDCW over the last 5 years — total invested ₹600,000 — would be worth ₹996,928 today. That's an XIRR (money-weighted annualised return) of 20.41%.

Axis Global Innovation Fund of Fund - Direct Plan - IDCW doesn't yet have 10 years of NAVs. Over the longest available window (5-year SIP), ₹10,000/month would have grown to ₹996,928 — XIRR 20.41%.

On a 5-year basis, Axis Global Innovation Fund of Fund - Direct Plan - IDCW ranks #10 out of 27 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 10.51%; this fund delivered 13.38%.

The worst peak-to-trough decline Axis Global Innovation Fund of Fund - Direct Plan - IDCW 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 - IDCW averaged 13.72% (best 14.06%, worst 13.38%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is 0.42 — weak risk-adjusted performance.

In calendar year 2025, Axis Global Innovation Fund of Fund - Direct Plan - IDCW returned 20.91% — lagging the Fund of Funds - Overseas category average of 30.95% by 10.05 pp. It ranked #22 of 34 in its category that year.

Axis Global Innovation Fund of Fund - Direct Plan - IDCW 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 - IDCW 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: 13.38%.

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