Axis Global Equity Alpha Fund of Fund - Regular Plan - Growth Option

Axis Global Equity Alpha Fund of Fund - Regular Plan - Growth Option lags behind most of its peers in the Equity Savings category, currently carrying a 2-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 49/100.

Cost: At 1.52%, the expense ratio runs 31% above the Equity Savings category average of 1.16%. That gap is worth weighing against the fund's actual performance versus cheaper peers before committing to a long SIP.

Risk-adjusted performance: Over the trailing 1-year period, the fund shows a strong Sharpe ratio of 1.07 — the fund has generated solid returns relative to the volatility it exposed investors to. Separately, annualised volatility of 14.43% is fairly typical for actively managed equity funds.

Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Hybrid fund. The High risk rating means near-term volatility should be expected — this isn't a fund to check daily.