MF Gyan
otherHigh risk5 years oldAccelerating recently (last 6m ≈ 50% p.a.)

Axis Global Innovation Fund of Fund - Direct Plan - Growth Option

A specialised fund. Check the scheme details for what it invests in. From Axis Mutual Fund. It's been running since 3 Jun 2021.

Latest price per unit
₹20.14
▲ 0.70% today
As of 4 Sep 2026 · updated once each business day

What ₹1 lakh would have become

Based on past returns
Invested 1 year ago
₹1.28 L
▲ ₹27.6k gain · 27.6% / year
Invested 3 years ago
₹1.93 L
▲ ₹92.7k gain · 24.4% / year
Invested 5 years ago
₹1.85 L
▲ ₹85.2k gain · 13.1% / year

These are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.

SIP simulator

Play with a monthly investment

Slide the amount and switch the duration. Left column uses real past prices. Right column projects forward using this fund's historical rate — a calculation, not a prediction.

₹5.0k
Looking back · real
You would have invested₹1.80 L
Value today₹2.58 L
Gain / loss+₹78.4k
XIRR (annualised)26.23%
Looking forward · hypothetical
You would invest₹1.80 L
Would become*₹2.75 L
Projected gain*+₹95.4k
*at this fund's historical rate of 26.23% per year. Actual future returns can be different — sometimes very different.
Value Cumulative invested
Reality check. The backward SIP is real math on real past NAVs. The forward projection assumes the fund keeps up its historical rate — which rarely happens exactly. Past performance is not a promise. MF Gyan does not recommend any specific investment.
How it compares to peers

Vs 34 other funds in Overseas Fund of Funds - Fund of Funds investing overseas

Same plan
1-year return
27.57%median 33.43% (-5.86%)
Rank #22 of 35Beats 34% of peers
3-year return
24.44%median 23.14% (+1.30%)
Rank #12 of 35Beats 63% of peers
5-year return
13.12%median 9.38% (+3.74%)
Rank #8 of 35Beats 70% of peers
Bumpiness (3Y)
19.16%median 18.65% (+0.51%)
Rank #23 of 35Less risky than 35% of peers
Worst-ever drop
-30.84%median -30.84% (0.00%)
Rank #18 of 35Less risky than 47% of peers

Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.

Year by year

Calendar-year returns. 5 of last 6 years were positive.

+8%
2021
-20%
2022
+28%
2023
+25%
2024
+21%
2025
+19%
2026
Best year
2023 · 28.38%
Worst year
2022 · -20.28%

Price over time

How the per-unit price has moved. Tap a range to zoom in.

Bumpiness & worst drops

Day-to-day bumpiness
19.2%

The value swings roughly 19% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-30.84%

A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.

Similar funds you might want to look at

Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.

Head-to-head comparisons

Side-by-side comparisons of Axis Global Innovation Fund of Fund - Direct Plan - Growth Option against other other funds.

Technical details (for the pros)
CAGR — 1 year27.57%
CAGR — 3 years24.44%
CAGR — 5 years13.12%
CAGR — since launch14.23%
Volatility — 1 year (annualised)19.94%
Volatility — 3 years (annualised)19.16%
Max drawdown — 1 year-10.90%
Max drawdown — 3 years-22.59%
Sharpe ratio — 1 year (rf=6%)0.99
Sharpe ratio — 3 years (rf=6%)0.91

Fund info

Fund house
Axis Mutual Fund
Category
Overseas Fund of Funds - Fund of Funds investing overseas
Plan
Direct
Option
Growth
ISIN (Growth)
INF846K01Z20
ISIN (Div re-invest)
—
Fund code
148954
First price on record
3 Jun 2021 · 1,251 daily prices

About Axis Global Innovation Fund of Fund - Direct Plan - Growth Option

Axis Global Innovation Fund of Fund - Direct Plan - Growth Option is a Overseas Fund of Funds - Fund of Funds investing overseas offered by Axis Mutual Fund under the Direct plan with the Growth option. It has approximately 5 years of NAV track record. The fund falls in the other category — A specialised fund. Check the scheme details for what it invests in.

The current NAV of Axis Global Innovation Fund of Fund - Direct Plan - Growth Option is ₹20.1400 (as of 4 Sep 2026). Historically, it has delivered 27.55% over the last year, 24.44% CAGR over 3 years, 13.12% CAGR over 5 years. Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 19.2% annualised volatility — a "high" level of bumpiness; its deepest peak-to-trough fall on record was 30.8%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.

Frequently asked

What is the latest NAV of Axis Global Innovation Fund of Fund - Direct Plan - Growth Option?+

The latest NAV of Axis Global Innovation Fund of Fund - Direct Plan - Growth Option is ₹20.1400 as of 4 Sep 2026, up 0.70% from the previous day. NAV is updated once a business day after the market close.

What are the returns of Axis Global Innovation Fund of Fund - Direct Plan - Growth Option?+

Axis Global Innovation Fund of Fund - Direct Plan - Growth Option has delivered 1-year return 27.55%, 3-year CAGR 24.44%, 5-year CAGR 13.12%, since-inception CAGR 14.23%. Returns are historical and don't predict future performance — markets move in cycles.

What category does Axis Global Innovation Fund of Fund - Direct Plan - Growth Option belong to?+

Axis Global Innovation Fund of Fund - Direct Plan - Growth Option is categorised as Overseas Fund of Funds - Fund of Funds investing overseas. A specialised fund. Check the scheme details for what it invests in.

How risky is Axis Global Innovation Fund of Fund - Direct Plan - Growth Option?+

Based on its 3-year annualised volatility of 19.2%, Axis Global Innovation Fund of Fund - Direct Plan - Growth Option sits in the "high" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

Is Axis Global Innovation Fund of Fund - Direct Plan - Growth Option a direct plan?+

Axis Global Innovation Fund of Fund - Direct Plan - Growth Option is a Direct plan (no distributor commission — lower expense ratio) with the Growth option (all returns compound within the fund, no interim payouts).

How old is Axis Global Innovation Fund of Fund - Direct Plan - Growth Option?+

Axis Global Innovation Fund of Fund - Direct Plan - Growth Option has NAV history available from 3 Jun 2021 — approximately 5 years of track record and 1,251 daily NAV observations.

Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.