Axis Global Equity Alpha Fund of Fund vs PGIM India Global Equity Opportunities Fund of Fund
Updated June 2026 · both FoF Overseas funds · metrics from AMFI NAVs
In short: Axis Global Equity Alpha Fund of Fund has the higher 3-year return (+22.27%); PGIM India Global Equity Opportunities Fund of Fund has the lower expense ratio (0.56%); Axis Global Equity Alpha Fund of Fund has the better risk-adjusted return (Sharpe 0.60). This is analysis from past data, not a recommendation.
| Metric | Axis Global Equity Alpha Fund of Fund | PGIM India Global Equity Opportunities Fund of Fund |
|---|---|---|
| 1Y return | +24.79% | +23.91% |
| 3Y CAGR | +22.27% | +20.21% |
| 5Y CAGR | +14.75% | +10.16% |
| Sharpe ratio | 0.60 | 0.20 |
| Max drawdown | -19.9% | -43.4% |
| Volatility | 13.7% | 21.5% |
| Alpha | -2.82% | -9.44% |
| Expense ratio (Direct) | 0.81% | 0.56% |
| AUM | ₹1.8K Cr | ₹1.5K Cr |
Winner on each row highlighted (lower is better for expense ratio and volatility; max drawdown closer to zero is better). Computed from AMFI NAVs - see methodology. No paid placement.
FAQ
Which has the lower expense ratio?
PGIM India Global Equity Opportunities Fund of Fund has the lower Direct-plan expense ratio (0.56%), versus 0.81% for the other. Over long horizons a lower TER compounds into a meaningful difference.
Which has performed better over 3 years?
Axis Global Equity Alpha Fund of Fund has the higher 3-year CAGR (+22.27%). Past performance does not predict future returns - check volatility and drawdown too, shown above.
How are these figures calculated?
All returns, risk metrics and alpha are computed independently from AMFI daily NAVs using a disclosed methodology. FindMF takes no commission and this comparison is not a recommendation.