ReviewDirect · GrowthPrefer peers first
Axis Greater China Equity Fund of Fund
Axis Mutual FundOverseas Fund of Funds - Fund of Funds investing overseas5.7 years
- NAV
- 11.52
- 29 Oct 2026
- 1Y
- +8.5%
- Trailing CAGR
- AUM
- ₹3,987.55 Cr
- 30 Sept 2026
- Volatility
- High
- 23.3% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 29 Oct 2026
Stance
Prefer peers first
The live read flags issues. Inspect same-category alternatives before buying.
In three lines
Watch if · Long-term category-relative performance remains stronger than the most recent rolling 1-year windows, which have deteriorated across multiple periods.
Watch if · Recent return trails the category median by 3 percentage points or more, with a weak rolling win rate.
Prefer peers if · Prefer Aditya Birla Sun Life US Equity Passive FOF if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Pass
5.7 years of path to read.
Engine status
Fail
The live read flags issues. Inspect same-category alternatives before buying.
Expense ratio
Pass
0.57% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Watch
Peak-to-trough -43.4%. Ask whether you can hold through a similar fall.
Vs category
Fail
0% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
n/a
Manager not listed.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Watch
Top 10 holdings ≈ 100.0% of the portfolio.
Browse category
Same-category peers are preloaded into compare when available.
Before you buy or SIP
Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.
SIP discipline
Review does not mean stop the SIP tomorrow - compare peers first. Stopping on a red label often locks in the worst path.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y+8.5%
- 3Y+19.8%
- 5Y+5.4%
- 10Yn/a
- SI+2.5%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y-1.9%
- 3Y+20.5%
- 5Y+14.4%
- 10Yn/a
- Since inception
- +2.5%
- Calendar-day CAGR
- Excess 1Y
- -10.2%
- Category median, same plan and option
- 3Y win rate
- 0%
- Windows beating the median
- 3Y percentile
- 19
- Vs comparable share classes
- SIP 3Y XIRR
- +20.5%
- Simulated monthly SIP
- Worst rolling 3Y
- -13.6%
- 639 daily-ending windows
- Median rolling 3Y
- +4.7%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 166 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -43.4%
- Worst peak-to-trough
- Current
- -12.3%
- Below last peak
- Current spell
- 155 days
- Days below latest peak
- Time below peak
- +97%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 76 days
- 15 recovered episodes
- Longest recovery
- 1045 days
- Trough to prior peak
19 Feb 2021 – 10 Sept 2025
Trough 31 Oct 2022 · recovered in 1045 days
-43.4%
27 May 2026 – open
Trough 22 Oct 2026 · not recovered
-12.9%
29 Jan 2026 – 16 Apr 2026
Trough 2 Apr 2026 · recovered in 14 days
-9.0%
9 Oct 2025 – 5 Jan 2026
Trough 21 Nov 2025 · recovered in 45 days
-8.7%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
19
Vs category
0
Consistency
18
Risk-adjusted
24
Drawdown
0
Mean
12
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Review
Buying stance
Prefer peers first
The live read flags issues. Inspect same-category alternatives before buying.
Why this status
- Long-term category-relative performance remains stronger than the most recent rolling 1-year windows, which have deteriorated across multiple periods.
- Recent return trails the category median by 3 percentage points or more, with a weak rolling win rate.
- Three-year return sits below the 25th percentile of comparable share classes.
- Maximum drawdown exceeded 35%.
- Risk-adjusted return (Sharpe) is negative over the available daily history.
Supporting reads
No supporting reads in the current evidence set.
Portfolio
30 Sept 2026 · 2 holdings · top 10 are 100.0%.
- Top 5
- 100.0%
- Top 10
- 100.0%
- Largest holding
- 98.8%
- Effective holdings
- 1.0
Schroder ISF Greater China Class X Acc
Unspecified
98.8%
Others CBLO
Unspecified
1.5%
What changed
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
29 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
28 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
27 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
26 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
23 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
22 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
24 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
23 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
22 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
21 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
18 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
17 Sept 2026
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Aditya Birla Sun Life US Equity Passive FOF
Aditya Birla Sun Life Mutual Fund
- 1Y
- +21.5%
- 3Y
- +32.8%
- Vol
- 21.2%
- Max DD
- -28.9%
- Sharpe
- 0.63
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Axis NASDAQ 100 US Specific Equity Passive FOF
Axis Mutual Fund
- 1Y
- +21.3%
- 3Y
- +32.4%
- Vol
- 19.2%
- Max DD
- -23.0%
- Sharpe
- 1.31
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Invesco India - Invesco EQQQ Nasdaq-100 ETF Fund of Fund
Invesco Mutual Fund
- 1Y
- +21.5%
- 3Y
- +32.8%
- Vol
- 21.0%
- Max DD
- -23.0%
- Sharpe
- 1.01
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Invesco India - Invesco Pan European Equity Fund of Fund
Invesco Mutual Fund
- 1Y
- +23.7%
- 3Y
- +21.8%
- Vol
- 18.7%
- Max DD
- -41.0%
- Sharpe
- 0.25
- 3Y win
- +29%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Kotak Global Innovation Overseas Equity Active FOF
Kotak Mahindra Mutual Fund
- 1Y
- +16.6%
- 3Y
- +26.7%
- Vol
- 22.0%
- Max DD
- -40.0%
- Sharpe
- 0.24
- 3Y win
- +54%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns