Axis Mutual Fund has announced a temporary suspension of subscription to units in its three international funds with effect from May 5. Axis Mutual Fund Asset Management Company (AMC), through a notice, has announced that it will suspend acceptance of lump sum subscriptions, switch-ins, and fresh registrations for systematic transactions into its schemes, effective from the specified date.
Accordingly, no applications in the schemes for lump sum/switch-ins/fresh registrations of systematic transactions shall be accepted post 3.00 pm on May 5, 2026. However, transactions such as redemptions/switch-outs and existing systematic transactions shall continue.
Unitholders were further informed that this move is to avoid exhaustion of the limits available for the schemes for investments in overseas securities.
Axis Global Equity Alpha Fund of Fund had an AUM of Rs 1,859 crore and delivered a return of 35.94 per cent in the last year. Axis Global Innovation Fund of Fund had an AUM of Rs 656 crore and delivered a return of 40.90 per cent in the last year. Axis Greater China Equity Fund of Fund had an AUM of Rs 3,049 crore and delivered a return of 59.43 per cent in the last year.
Axis Global Equity Alpha FoF – Direct Plan
Axis Global Innovation FoF – Direct Plan
Axis Greater China Equity FoF – Direct Plan
Total Assets: Rs 3,049 crore (As on 31-Mar-2026)
Expense Ratio: 0.40% (As on 30-Apr-2026)
Benchmark: MSCI Golden Dragon
Return Since Launch: 4.44%
Minimum investment: Rs 100
Standard Deviation: 20.49
