Axis Global Equity Alpha FoF-Reg(G)
View the direct plan of this scheme
Rs 19.526 0.1791(0.926 %) NAV as on 27 Jun 2025
Scheme Objective: To provide long term capital appreciation by predominantly investing in Schroder InternationalSelection Fund Global Equity Alpha, a fund that aims to provide capital growth by investing in equityand equity related securities of companies worldwide. The Scheme may also invest a part of corpusin debt, money market instruments and / or units of liquid schemes in order to meet liquidityrequirements from time to time.
Performance (As on 27 Jun 2025)
6 month returns | 1 year returns | 3 year returns | 5 year returns | Returns since inception | |
---|---|---|---|---|---|
Scheme | 9.76 % | 18.48 % | 18.75 % | N/A | 15.10 % |
NIFTY 500 | 5.64 % | 4.66 % | 20.81 % | 22.74 % | N/A |
Portfolio
FoF Overseas funds invest in mutual funds that are domiciled in other financial markets, such as the US, UK, other European countries and so on. Essentially, these funds invest in other international funds and therefore give domestic investors exposure to foreign stocks. Investments in such funds also involve currency risk. Care needs to be taken to both understand the drivers of international market and the underlying fundu2019s strategy. Though the asset class is equity, these funds are taxed like debt funds as tax laws provide equity taxation only to funds investing in domestic stocks.
These funds suit investors who want some diversification from Indian markets and who are willing to take the risk. They can also be used by investors who have expenses in the currency of the market being invested in.