Axis Children's Gift Fund Direct Compulsory Lock In Dividend is a Speciality Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 08 Dec 2015. R Sivakumar, Ashish Naik is the Current Fund Manager of Axis Children's Gift Fund Direct Compulsory Lock In Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹461 Cr and the Latest NAV as of 09 Apr 2020 is ₹12.87.
The Axis Children's Gift Fund Direct Compulsory Lock In Dividend is rated Moderately High risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000. Exit load of 3% if units are redeemed within 1 year, 2% if redeemed after 1 year but within 2 years and 1% if redeemed after 2 years but within 3 years.
To generate income by investing in debt & money market instruments along with long-term capital appreciation through investments in equity & equity related instruments. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.