Table of Contents
What is Alpha fund of fund?
What is alpha in mutual funds – Both the limitations of Sharpe Ratio are addressed by using a metric known as alpha. Alpha is the excess returns relative to market benchmark for a given amount of risk taken by the scheme. Alpha in mutual funds is probably the most important performance measures of a mutual fund scheme.
What is the NAV of Axis Global Equity Alpha Fund of fund?
NAV Details of AXIS Global Equity Alpha Fund of Fund Growth
| NAV Date | : | 07-Dec-21 |
|---|---|---|
| NAV [Rs.] | : | 13.23 |
| Buy/Resale Price [Rs.] | : | 0 |
| Sell/Repurchase Price [Rs.] | : | 0 |
| Entry Load \% | : | Nil |
How does an equity fund work?
Equity funds are those mutual funds that primarily invest in stocks. You invest your money in the fund via SIP or lumpsum which then invests it in various equity stocks on your behalf. The consequent gains or losses accrued in the portfolio affect your fund’s Net Asset Value (NAV).
How do I calculate alpha?
What is Alpha Formula?
- Alpha = Actual Rate of Return – Expected Rate of Return.
- Expected Rate of Return = Risk-Free Rate + β * Market Risk Premium.
- Alpha = Actual Rate of Return – Risk-Free Rate – β * Market Risk Premium.
Is alpha positive or negative?
The excess return of an investment relative to the return of a benchmark index is the investment’s alpha. Alpha may be positive or negative and is the result of active investing. Beta, on the other hand, can be earned through passive index investing.
Why invest in axis global equity Alpha FOF?
The index claims to cover almost 85\% of the free float-adjusted market cap in each country. Axis Global Equity Alpha FoF will have regular and direct plans with growth and dividend options under each of the plans. The dividend option will have a dividend reinvestment facility and dividend payout option.
What are the statutory details of Axis fund?
Statutory Details: Axis Mutual Fund has been established as a Trust under the Indian Trusts Act, 1882, sponsored by Axis Bank Ltd. (liability restricted to Rs. 1 Lakh). Trustee: Axis Mutual Fund Trustee Ltd. Investment Manager: Axis Asset Management Co. Ltd. (the AMC).
What is Alpha fund of funds NFO?
Axis Global Equity Alpha Fund of Funds NFO opens on September 4 and closes on September 18. What is a Fund of Funds? What is a Fund of Funds? A fund of fund is a mutual fund scheme that invests in other mutual funds.
What is axaxis new fund offer (NFO)?
Axis Mutual Fund is launching a New Fund Offer (NFO) which will invest in global equities. The NFO is a fund of fund investing in Schroder International Selection Fund Global Equity Alpha. Schroder is one of the leading Asset Management Companies (AMC) of the world.