Axis Children's Gift Fund Regular Compulsory Lock In Dividend-0.16%

1.64%
1 Year Return
Solution Oriented
Children's
2.0star
6M
1Y
3Y
All

Fund Details

Axis Children's Gift Fund Regular Compulsory Lock In Dividend

RiskModerately High
Min SIP Amount₹1000
Expense Ratio2.49%
NAV14.40 (29 Oct 2020)
Fund Started08 Dec 2015
Fund Size467 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Axis Children's Gift Fund Regular Compulsory Lock In Dividend
1.6%
5.8%
NA
7.7%
Category Average
0.9%
2.3%
5.7%
-
Rank within category
7
2
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    Estimated Value
    as per Historical Returns
    0
    with 1.6% annual returns

    Comparison

    Data not available
    Pros
    1. 1Y Returns are higher than the category average returns
    2. 3Y Returns are higher than the category average returns
    Cons
    1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
    2. Risk-adjusted returns are lower compared to the category
    3. Risk is higher compared to the benchmark
    4. Higher expense ratio
    5. 1Y Returns are lower than the benchmark
    6. 3Y Returns are lower than the benchmark
    7. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
    8. Risk-adjusted returns are lower compared to the category
    9. Higher expense ratio - 2.49%

    Top Holdings

    NameSectorInstrument% Assets
    Reliance Industries Ltd.EnergyEquity6.9%
    GOISovereignGOI Sec6.5%
    HDFC Bank Ltd.FinancialEquity4.9%
    Bajaj Finance Ltd.FinancialEquity4.3%
    Tata Consultancy Services Ltd.TechnologyEquity4.2%
    Kotak Mahindra Bank Ltd.FinancialEquity3.7%
    Avenue Supermarts Ltd.ServicesEquity3.5%
    Infosys Ltd.TechnologyEquity3.4%
    Housing Development Finance Corpn. Ltd.FinancialEquity3.4%
    ICICI Bank Ltd.FinancialEquity3.0%
    See All

    Fund Managers

    addR Sivakumar
    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.
    Funds Managed
    addAshish Naik
    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.
    Funds Managed

    Axis Children's Gift Fund Regular Compulsory Lock In Dividend Details

    Axis Children's Gift Fund Regular Compulsory Lock In Dividend is a Solution Oriented 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 Regular Compulsory Lock In Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹467 Cr and the Latest NAV as of 29 Oct 2020 is ₹14.40.

    The Axis Children's Gift Fund Regular 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.

    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.

    Tax Implications

    If average equity holding is >65%, returns are taxed at 15% (redeemed before one year) and 10% (After 1 year as per LTCG). If average equity holding is <65%, returns are taxed as per your Income Tax slab (redeemed before 3 years) and 20% with indexation benefit (post 3 years).

    Scheme Information Document(SID)

    ₹5000
    Min for First Investment
    ₹100
    Min for Second Investment
    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.
    Exit Load

    Compare Funds

    Axis Children's Gift Fund Regular Compulsory Lock In Dividend
    VS
    search

    About Axis Mutual Fund

    Address
    Axis House, 1st Floor, C-2, Wadia International Centre, Pandurang Budhkar Marg, Worli, Mumbai 400025
    Phone
    022-43255161
    Launch Date
    04 Sep 2009
    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,
    Similar Funds
    Data not available