Axis Greater China Equity FoF-Reg(G)
View the direct plan of this scheme
Rs 7.19 -0.05(-0.691 %) NAV as on 28 Apr 2025
Scheme Objective: The primary investment objective of the Scheme is to provide long term capital appreciation bypredominatingly investing in units of Schroder International Selection Fund Greater China, a fundthat aims to provide capital growth by investing in equity and equity related securities of People'sRepublic of China, Hong Kong SAR and Taiwan companies. The Scheme may also invest a part of its corpus in debt, money market instruments and / or units of liquid schemes inorder to meet liquidity requirements from time to time.
Performance (As on 28 Apr 2025)
6 month returns | 1 year returns | 3 year returns | 5 year returns | Returns since inception | |
---|---|---|---|---|---|
Scheme | -5.64 % | 6.64 % | 2.13 % | N/A | -7.53 % |
NIFTY 500 | -2.99 % | 5.34 % | 14.35 % | 23.17 % | 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.