Axis Children's Fund Direct Compulsory Lock In Growth

Axis Children's Fund Direct Compulsory Lock In Growth is a Hybrid Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 04 Sep 2009. R Sivakumar, Ashish Naik is the Current Fund Manager of Axis Children's Fund Direct Compulsory Lock In Growth fund. The fund currently has an Asset Under Management(AUM) of ₹2,92,314 Cr and the Latest NAV as of 20 Dec 2024 is ₹28.50. The Axis Children's Fund Direct Compulsory Lock In Growth is rated Very High risk. Minimum SIP Investment is set to ₹1,000. 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. ;

Investment Objective

The scheme seeks to generate income by investing in debt & money market instruments along with long-term capital appreciation through investments in equity & equity related instruments. ;