| Risk | Moderately High |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 2.49% |
| NAV | ₹14.39 (29 Oct 2020) |
|---|---|
| Fund Started | 08 Dec 2015 |
| Fund Size | ₹467 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Equity | 6.9% |
| GOI | Sovereign | GOI Sec | 6.5% |
| HDFC Bank Ltd. | Financial | Equity | 4.9% |
| Bajaj Finance Ltd. | Financial | Equity | 4.3% |
| Tata Consultancy Services Ltd. | Technology | Equity | 4.2% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 3.7% |
| Avenue Supermarts Ltd. | Services | Equity | 3.5% |
| Infosys Ltd. | Technology | Equity | 3.4% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 3.4% |
| ICICI Bank Ltd. | Financial | Equity | 3.0% |
Axis Children's Gift Fund Regular No 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 No 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 ₹14.39.
The Axis Children's Gift Fund Regular No Lock In Dividend is rated Moderately High risk. Minimum SIP Investment is set to 1000. 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.
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.
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).