DSP Global Innovation Overseas Equity Omni FoF vs Axis Global Innovation Fund of Fund
Updated June 2026 · both FoF Overseas funds · metrics from AMFI NAVs
In short: DSP Global Innovation Overseas Equity Omni FoF has the higher 3-year return (+27.31%); Axis Global Innovation Fund of Fund has the lower expense ratio (0.82%); DSP Global Innovation Overseas Equity Omni FoF has the better risk-adjusted return (Sharpe 0.72). This is analysis from past data, not a recommendation.
| Metric | DSP Global Innovation Overseas Equity Omni FoF | Axis Global Innovation Fund of Fund |
|---|---|---|
| 1Y return | +34.99% | +30.78% |
| 3Y CAGR | +27.31% | +23.75% |
| 5Y CAGR | - | +13.77% |
| Sharpe ratio | 0.72 | 0.44 |
| Max drawdown | -27.6% | -30.8% |
| Volatility | 20.7% | 18.9% |
| Alpha | -1.96% | -5.71% |
| Expense ratio (Direct) | 1.17% | 0.82% |
| AUM | ₹1.2K Cr | ₹675 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?
Axis Global Innovation Fund of Fund has the lower Direct-plan expense ratio (0.82%), versus 1.17% for the other. Over long horizons a lower TER compounds into a meaningful difference.
Which has performed better over 3 years?
DSP Global Innovation Overseas Equity Omni FoF has the higher 3-year CAGR (+27.31%). 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.