About Axis Global Innovation Fund of Fund
Axis Global Innovation Fund of Fund is a fund of funds (overseas) managed by Axis Mutual Fund. Fund of funds that invest in international mutual funds or ETFs, giving exposure to markets such as the US.
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.
The scheme's stated objective, as published by Axis Mutual Fund.
The NAV (net asset value) is the price of one unit of the fund. It is published by the fund house every business day and changes with the value of the fund's holdings. The Growth option reinvests all gains, so its NAV reflects the fund's total return.
Tax on your gains
How gains are taxed depends on what the scheme holds — equity, debt, gold or units of other funds each follow different rules. The scheme document states which applies.
Work out what you would owe with the capital gains tax calculator.
Every plan and option, with scheme codes
| Plan | Option | NAV | Scheme code |
|---|---|---|---|
| Direct | Growth Option | ₹18.37 | 148954 |
| Direct | IDCW Option | ₹18.36 | 148955 |
| Regular | Growth Option | ₹17.41 | 148953 |
| Regular | IDCW Option | ₹17.41 | 148956 |
Frequently asked questions
What is the NAV of Axis Global Innovation Fund of Fund today?
The NAV of Axis Global Innovation Fund of Fund (Direct plan, Growth) is ₹18.37 and the Regular plan NAV is ₹17.41, as of 12 Nov 2026.
What returns has Axis Global Innovation Fund of Fund given?
Over the last year the Direct plan returned 8.96%, and 21.59% a year over 3 years and 10.72% a year over 5 years. That places it 21 of 46 funds in its category over 3 years. Past returns do not guarantee future returns.
What is the expense ratio of Axis Global Innovation Fund of Fund?
The Direct plan charges 0.85% a year, as disclosed on 30 Sept 2026. The fee is already taken out of the NAV, so the returns above are what you keep.
How much has Axis Global Innovation Fund of Fund fallen in the past?
Its deepest fall was 30.8% from 22 Nov 2021 to 13 Oct 2022. Of every one-year stretch in its history, 81% ended in a gain.
Which category does Axis Global Innovation Fund of Fund belong to?
It is a Fund of Funds (Overseas) from Axis Mutual Fund. Fund of funds that invest in international mutual funds or ETFs, giving exposure to markets such as the US.
What is the difference between the Direct and Regular plan?
Both invest in the same portfolio. The Direct plan is bought straight from the fund house or a direct platform and has a lower expense ratio because no distributor commission is paid, so its NAV grows slightly faster over time.
How are gains from Axis Global Innovation Fund of Fund taxed?
How gains are taxed depends on what the scheme holds — equity, debt, gold or units of other funds each follow different rules. The scheme document states which applies.
Source: NAVs published by the fund house through AMFI. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns. This page is for information only and is not a recommendation to buy or sell.