Axis Children's Gift Fund Regular Compulsory Lock In Growth+0.11%

10.40%
1 Year Return
Solution Oriented
Children's
2.0star
6M
1Y
3Y
All

Fund Details

Axis Children's Gift Fund Regular Compulsory Lock In Growth

RiskModerately High
Min SIP Amount₹1000
Expense Ratio2.49%
NAV15.72 (27 Nov 2020)
Fund Started08 Dec 2015
Fund Size479 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
10.4%
8.4%
-
9.5%
Category Average
7.0%
4.7%
7.4%
-
Rank Within Category
2
2
-
-
*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 10.4% 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

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    Bajaj Finance Ltd.FinancialEquity4.2%
    Infosys Ltd.TechnologyEquity3.9%
    Housing Development Finance Corpn. Ltd.FinancialEquity3.5%
    Avenue Supermarts Ltd.ServicesEquity3.4%
    ICICI Bank Ltd.FinancialEquity3.2%
    See All

    Fund Managers

    R Sivakumar
    keyboard_arrow_down
    Ashish Naik
    keyboard_arrow_down

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

    Axis Children's Gift Fund Regular Compulsory Lock In Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹479 Cr and the Latest NAV as of 27 Nov 2020 is ₹15.72.

    The Axis Children's Gift Fund Regular Compulsory Lock In Growth 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

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    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,
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