Key metrics
Further reading: Median maximum drawdown by fund category, measured across 1,767 funds
Trailing returns
| Period | 1W | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
|---|---|---|---|---|---|---|---|---|---|
| Return | -1.41% | -5.96% | 0.10% | 7.29% | 18.96% | 25.94% | 12.35% | – | – |
NAV history
About this fund
Axis Global Innovation Fund of Fund is a international fund offered by Axis Mutual Fund, classified under FoF as Other Scheme - FoF Overseas. It adds global exposure but also currency and foreign-market risk. Its latest NAV is ₹19.58, with assets under management of about ₹852 Cr (April - June 2026).
Further reading: What a category rank actually tells you
Performance analysis
Over the trailing one year, Axis Global Innovation Fund of Fund has recorded a return of about 19.0%, with a three-year return of 25.9% and a five-year return of 12.3%. Its annualised volatility is 20.2% — relatively large fluctuations — and its Sharpe ratio is 0.62, a measure of return per unit of risk taken. The direct-plan base expense ratio is 0.70%, deducted daily from the NAV.
Further reading: Reading a fund page: what each number does and doesn't say
Rolling returns
| Window | Avg | Median | Min | Max | % Pos | % >12 |
|---|---|---|---|---|---|---|
| 1Y | 15.64 | 21.17 | -26.51 | 51.08 | 80% | 71% |
| 3Y | 17.73 | 20.11 | 3.06 | 29.97 | 100% | 69% |
| 5Y | 13.70 | 13.58 | 12.27 | 15.91 | 100% | 100% |
Further reading: Why a single trailing return misleads, measured across 830 funds
Frequently asked questions
Compare with peers
Further reading: Every fund measured against the best performer in its own category
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| Kotak Global Innovation Overseas Equity Active FOF Other Scheme - FoF Overseas | -5.18 | -0.74 | 6.82 | 21.92 | 25.87 | 8.76 | – | – |
| Bandhan US specific Equity Active FOF Other Scheme - FoF Overseas | -4.68 | -1.74 | 3.18 | 7.35 | 25.43 | 14.84 | – | 0.53 |
| HDFC Developed World Overseas Equity Passive FOF Other Scheme - FoF Overseas | -1.34 | 1.06 | 9.06 | 24.33 | 27.31 | 16.02 | – | – |
| Mahindra Manulife Asia Pacific REITs FOF Other Scheme - FoF Overseas | -4.37 | -9.06 | -8.54 | 0.29 | 11.37 | 0.61 | – | 0.44 |
| Aditya Birla Sun Life US Equity Passive FOF Other Scheme - FoF Overseas | -5.62 | -1.79 | 9.70 | 24.83 | 31.52 | – | – | 0.27 |
| PGIM India Global Select Real Estate Securities Fund of Fund Other Scheme - FoF Overseas | -3.64 | -10.12 | -4.64 | 9.18 | 16.38 | – | – | 0.66 |
| ICICI Prudential Strategic Metal and Energy Equity Fund of Fund Other Scheme - FoF Overseas | 1.43 | 11.16 | 12.43 | 54.89 | 34.85 | – | – | 0.19 |
| DSP Global Innovation Overseas Equity Omni FoF Other Scheme - FoF Overseas | -2.02 | 0.44 | 11.20 | 19.80 | 29.54 | – | – | 1.11 |
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| Axis Retirement Fund - Conservative Plan Solution Oriented Scheme - Retirement Fund | -2.31 | -3.30 | -2.06 | -3.80 | 6.61 | 5.45 | – | 1.06 |
| Axis Income Plus Arbitrage Omni FOF Other Scheme - FoF Domestic | 0.03 | 0.75 | 2.52 | 5.17 | 7.88 | 6.60 | – | – |
| Axis ESG Integration Strategy Fund Sectoral/Thematic - ESG | -5.03 | -6.42 | -5.24 | -10.50 | 7.19 | 3.95 | – | 1.16 |
| Axis Innovation Fund Sectoral/Thematic - Innovation | -9.03 | 0.46 | 5.76 | 6.12 | 16.18 | 9.63 | – | 1.07 |
| Axis Quant Fund Equity Scheme - Sectoral/Thematic | -6.39 | -9.03 | -7.33 | -7.60 | 6.49 | 7.04 | – | 0.79 |
| Axis Floating Interest Rates Fund Debt Scheme - Floater Fund | -0.61 | 0.30 | 2.92 | 5.42 | 8.19 | 7.03 | – | – |
| Axis Value Fund Equity Scheme - Value Fund | -5.04 | -2.49 | 1.09 | 0.49 | 16.22 | 14.03 | – | 0.64 |
| Axis Nifty 50 Index Fund Index Funds - Equity Funds | -2.74 | -5.25 | -6.22 | -11.37 | 6.14 | – | – | 0.09 |