Fund Details
Axis Children's Gift Fund Regular Compulsory Lock In Growth
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 2.49% |
| NAV | ₹15.72 (27 Nov 2020) |
|---|---|
| Fund Started | 08 Dec 2015 |
| Fund Size | ₹479 Cr |
Returns
as per Historical Returns
Comparison
1. 1Y Returns are higher than the category average returns
2. 3Y Returns are higher than the category average returns
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
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 6.0% |
| Reliance Industries Ltd. | Energy | Equity | 5.5% |
| HDFC Bank Ltd. | Financial | Equity | 5.2% |
| Tata Consultancy Services Ltd. | Technology | Equity | 4.7% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 4.3% |
| Bajaj Finance Ltd. | Financial | Equity | 4.2% |
| Infosys Ltd. | Technology | Equity | 3.9% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 3.5% |
| Avenue Supermarts Ltd. | Services | Equity | 3.4% |
| ICICI Bank Ltd. | Financial | Equity | 3.2% |
Fund Managers
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).
