|Min SIP Amount||Not Supported|
|NAV||₹13.60 (13 Jul 2020)|
|Fund Started||08 Dec 2015|
|Fund Size||₹434 Cr|
|Reliance Industries Ltd.||Energy||Equity||4.7%|
|Kotak Mahindra Bank Ltd.||Financial||Equity||4.3%|
|Tata Consultancy Services Ltd.||Technology||Equity||4.3%|
|Avenue Supermarts Ltd.||Services||Equity||4.3%|
|HDFC Bank Ltd.||Financial||Equity||3.8%|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||3.6%|
|Bharti Airtel Ltd.||Communication||Equity||3.6%|
|Hindustan Unilever Ltd.||FMCG||Equity||3.3%|
|Bajaj Finance Ltd.||Financial||Equity||3.1%|
Axis Children's Gift Fund Regular No 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 No Lock In Growth fund.The fund currently has an Asset Under Management(AUM) of ₹434 Cr and the Latest NAV as of 13 Jul 2020 is ₹13.60.
The Axis Children's Gift Fund Regular No Lock In Growth 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.
To generate income by investing in debt & money market instruments along with long-term capital appreciation through investments in equity & equity related instruments. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.
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).