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Home>Mutual Funds>Axis Mutual Fund>Axis Children's Gift Fund Direct Compulsory Lock In Growth

Axis Children's Gift Fund Direct Compulsory Lock In Growth

Solution Oriented
Children's
Very High Risk
5Y Lock In
14.15%
3Y annualised
+0.08% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 18 May 2022₹20.33
Min. SIP amountNA
Rating4
Fund size₹694.90Cr

Returns and rankings

Category: Solution Oriented Children's
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns7.0%14.2%12.0%11.6%
Category average42.2%12.7%12.2%NA
Rank with in category2510NANA
Understand terms

Holdings (52)

NameSectorInstrumentAssets
Infosys Ltd.TechnologyEquity6.4%
Bajaj Finance Ltd.FinancialEquity5.5%
ICICI Bank Ltd.FinancialEquity5.5%
Tata Consultancy Services Ltd.TechnologyEquity4.9%
GOI
SovereignGOI FRB4.9%
Avenue Supermarts Ltd.ServicesEquity4.7%
GOI
SovereignGOI Sec4.3%
HDFC Bank Ltd.FinancialEquity3.8%
GOI
SovereignGOI Sec3.4%
GOI
SovereignGOI Sec3.4%
See All

Expense ratio, exit load and tax

Expense ratio: 1.23%

Inclusive of GST

Exit load

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.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investmentNA
Min. for 2nd investment onwardsNA
Min. for SIPNA

Fund management

R Sivakumar
Jun 2016 - Present
View details

Education
Mr. Sivakumar is a B.Tech from IIT Madras and MBA from IIM Ahmedabad.
Experience
Prior to joining Axis AMC he has worked with BNP Paribas Mutual Fund, Sundaram Mutual Fund (2001-2004), HDFC Mutual Fund and ITC Threadneedle.
Also manages these schemes

Ashish Naik
Jul 2016 - Present
View details

Education
Mr. Naik is a B.E from Mumbai University and MBA from XLRI, Jamshedpur.
Experience
Prior to joining Axis Mutual Fund he was associated with organizations such as Goldman Sachs and has over 7 years of experience as an Equity Analyst.
Also manages these schemes

Kaustubh Sule
Sep 2020 - Present
View details

Education
Mr. Sule is a B.E. (Computer Engineering) & MBA (Finance)
Experience
Prior to joining Axis Asset Management Company Ltd., he has worked with HDFC Standard Life Insurance Company Ltd., Reliance Life Insurance Company Ltd., Union Bank of India, Hexaware Technologies Ltd.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
"Axis House" - 1st Floor,C-2 - Wadia International Centre,Pandurang Budhkar Marg , Worli, Mumbai 400025
Phone
022-24255161
Launch Date
04 Sep 2009
Amc Image
Axis Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,

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FAQs

How to Invest in Axis Children's Gift Fund Direct Compulsory Lock In Growth?

You can easily invest in Axis Children's Gift Fund Direct Compulsory Lock In Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:

  • Log on to your Groww account
  • Search for Axis Children's Gift Fund Direct Compulsory Lock In Growth from the search box
  • In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
  • Once you are done with that, you can start investing in Axis Children's Gift Fund Direct Compulsory Lock In Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Axis Children's Gift Fund Direct Compulsory Lock In Growth provide?

The Axis Children's Gift Fund Direct Compulsory Lock In Growth has been there from 08 Dec 2015 and the average annual returns provided by this fund is 6.97% since its inception.

How much expense ratio is charged by Axis Children's Gift Fund Direct Compulsory Lock In Growth?

The term Expense Ratio used for Axis Children's Gift Fund Direct Compulsory Lock In Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund.

The Expense Ratio of Axis Children's Gift Fund Direct Compulsory Lock In Growth is 1.23% as of 19 May 2022...

What is the AUM of Axis Children's Gift Fund Direct Compulsory Lock In Growth?

The AUM, short for Assets Under Management of Axis Children's Gift Fund Direct Compulsory Lock In Growth is ₹694.90Cr as of 19 May 2022.

How to Redeem Axis Children's Gift Fund Direct Compulsory Lock In Growth?

If you want to sell your Axis Children's Gift Fund Direct Compulsory Lock In Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Axis Children's Gift Fund Direct Compulsory Lock In Growth?

You can select either SIP or Lumpsum investment of Axis Children's Gift Fund Direct Compulsory Lock In Growth based on your investment objective and risk tolerance.

What is the NAV of Axis Children's Gift Fund Direct Compulsory Lock In Growth?

The NAV of Axis Children's Gift Fund Direct Compulsory Lock In Growth is ₹20.33 as of 18 May 2022.

What is the PE and PB ratio of Axis Children's Gift Fund Direct Compulsory Lock In Growth?

The PE ratio ratio of Axis Children's Gift Fund Direct Compulsory Lock In Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

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