Axis Global Innovation Fund of Fund

All Cap

Equity

Global

Global Growth

Others

Empty

1–7 yearsInvestment Horizon

Empty

What This Strategy Does

Axis Global Innovation FoF Reg Gr is an equity fund which captures the global innovation economy through a fund-of-funds approach, deploying capital across technology, consumer cyclicals, and healthcare to achieve broad-based earnings growth.

CW Expert Research Notes

Consistent Outperformance

The fund has demonstrated benchmark-relative outperformance across multiple market cycles, delivering earnings resilience and downside protection characteristics.

Innovative Exposure

The strategy's differentiated construction emphasizes innovative technology leaders, with conviction expressed through overweights in disruptive communication services and healthcare holdings.

Secular Growth Catalyst

The portfolio is well-positioned to capitalize on structural trends driving secular earnings growth across innovative sectors, though rich valuations pose a key risk.

Performance and Risk Analysis

Historical returns, volatility patterns, and how this fund has performed relative to its benchmark.

Fund Performance

0.0% AnnuallyAlpha

+13.1% vs +8.7% benchmarkSince Inception

+24.0% vs +6.4% benchmark3Y Annualized

+11.8% vs +6.6% benchmark5Y Annualized

Axis Global Innovation Fund of Fund

Benchmark Index

Benchmark Performance Comparison

Axis Global Innovation Fund

NIFTY 50

Risk Profile

Standard Deviation21.9%

Maximum Drawdown-13.2% | Feb 2025

Sharpe Ratio1.44

Detailed Risks

Market Risk

Prolonged global economic slowdown could dampen innovation spending, undermining fund's growth thesis.

Liquidity Risk

Elevated mid-cap exposure risks liquidity strain during volatility spikes, impacting rebalancing.

Concentration Risk

Concentrated technology exposure amplifies downside from regulatory scrutiny or competitive disruption.

Specific Strategy Risk

Execution risks if innovative companies struggle to scale or monetize offerings.

Strategy Details

A closer look at the investment thesis, portfolio construction, and current holdings.

Core Investment Theme

Provides exposure to global innovation leaders across sectors like technology, healthcare, and consumer cyclicals. This forward-looking approach captures companies driving disruptive change through research and development.

Broader Market View

Market Outlook

Equity markets appear to be entering a mid-cycle phase, with consumption and earnings recovery gaining traction. This normalization backdrop, supported by trends like reviving capex and credit growth, offers an attractive entry point. The strategy's tilt towards consumer, financial services, and technology positions it to capitalize on these dynamics while managing risks like competition and cyclicality.

Why This Strategy is Attractive Now

The strategy seems well-suited for the current environment given its balanced exposure across consumer cyclicals, defensives, financials, and technology. The portfolio's ~70 holdings include market leaders poised to benefit from the demand upswing. With a moderate beta and diversification across sectors, the strategy appears positioned to deliver risk-adjusted returns as the cycle matures, differentiating it from passive approaches.

Investment Style & Process

Investment Style

The portfolio exhibits characteristics of a Quality Growth strategy, emphasizing companies with durable competitive advantages, consistent earnings growth, and reasonable valuations relative to their growth prospects.

Why it Makes Sense

In the current environment of moderating economic growth and elevated uncertainty, a Quality Growth approach can provide exposure to companies with resilient business models, pricing power, and the ability to compound earnings through cycles.

High-Level Investment Process

Sourcing: The strategy appears to focus on companies with sustainable competitive advantages, strong balance sheets, and attractive growth runways, sourced through rigorous fundamental research and industry expertise. Selection: The selection process suggests a preference for businesses with durable pricing power, high returns on capital, and the ability to reinvest cash flows at attractive rates, while maintaining valuation discipline. Construction: Portfolio construction is consistent with a focus on risk management through diversification across sectors and market capitalization segments, with an emphasis on managing position sizes based on conviction levels and risk/reward assessments.

Portfolio Holdings Overview

SectoralAllocation

Consumers15.04%

Financial Services4.4%

Services22.23%

Technology51.14%

Capital Goods7.19%

Geographic Allocation

Domestic0.35687%

International99.6435%

Top Stock Holdings

CompanySectorAllocation

Schroder ISF Global Innov XUSDAccUtilities93.92%

Clearing Corporation Of India LtdUtilities6.85%

Net Receivables / (Payables)Utilities-0.77%

Fund House Management

The asset management company’s track record, AUM scale, and fund manager credentials.

Fund Manager Track Record

Krishnaa N

Krishnaa N has experience of 2 years. Manages 158 funds at Axis Asset Management Company Limited with an AUM of approximately ₹1,28,440 Cr

2 years

Combined Team Experience

₹ 1,28,440 Cr

Assets Under Management

CW Expert Take

Axis Global Innovation FoF brings global thematic exposure to Indian investors. Their investment philosophy centers on identifying structural growth trends early, combining quantitative screening with fundamental research. The fund house maintains a disciplined approach to portfolio construction, reflected in the concentrated yet diversified allocation across sectors like technology and healthcare.

Firm Overview

Total AUM₹3,61,984.16 Cr

Investment Philosophy & Approach

Disciplined Approach

Axis AMC follows a disciplined investment approach focused on rigorous research.

Risk Management

Risk management is embedded in the investment process through robust controls.

Long-Term Perspective

The fund house adopts a long-term perspective in capital allocation decisions.

Operational & Regulatory Details

What it costs to invest, transaction mechanics, and regulatory disclosures you should know.

Costs and Fees

Total Expense Ratio (TER)1.58%

Exit Load1

Regulatory & Tax Information

INF846K01Z53

ISIN

DailyDealing Frequency

LTCG | >1Year 12.5%% on gain above 1.25 Lakh

STCG | <1Year 20%%

Tax Implications (India)