Axis Mutual Fund has announced a temporary suspension of subscriptions to three of its international funds: the Axis Global Equity Alpha Fund of Fund, Axis Global Innovation Fund of Fund, and Axis Greater China Equity Fund of Fund, effective May 5, 2026. This decision was made to prevent the exhaustion of investment limits in overseas securities. As a result, no new lump sum subscriptions, switch-ins, or fresh registrations for systematic transactions will be accepted post 3:00 PM on the effective date. However, existing transactions such as redemptions and switch-outs will continue as normal. The Axis Global Equity Alpha Fund of Fund has an Asset Under Management (AUM) of ₹1,859 crore and delivered a return of 35.94% over the last year, while the Axis Global Innovation Fund of Fund had an AUM of ₹656 crore with a return of 40.90%. The Axis Greater China Equity Fund of Fund, with an AUM of ₹3,049 crore, delivered a remarkable 59.43% return in the same period. Additionally, the fund house announced that Ashish Gupta has ceased to be a key personnel of Axis Asset Management Company Limited as of April 30, 2026, following his resignation as Chief Investment Officer. R Sivakumar has been elevated to the position as part of an internal succession plan.