Risk | Moderately High |
---|---|
Min SIP Amount | Not Supported |
Expense Ratio | 2.45% |
NAV | ₹16.81 (20 Jan 2021) |
---|---|
Fund Started | 08 Dec 2015 |
Fund Size | ₹556 Cr |
Name | Sector | Instrument | % Assets |
---|---|---|---|
Bajaj Finance Ltd. | Financial | Equity | 6.1% |
HDFC Bank Ltd. | Financial | Equity | 5.7% |
GOI | Sovereign | GOI Sec | 5.5% |
Kotak Mahindra Bank Ltd. | Financial | Equity | 4.8% |
Reliance Industries Ltd. | Energy | Equity | 4.7% |
Tata Consultancy Services Ltd. | Technology | Equity | 4.3% |
Infosys Ltd. | Technology | Equity | 4.2% |
Housing Development Finance Corpn. Ltd. | Financial | Equity | 3.8% |
ICICI Bank Ltd. | Financial | Equity | 3.5% |
Avenue Supermarts Ltd. | Services | 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 ₹556 Cr and the Latest NAV as of 20 Jan 2021 is ₹16.81.
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.
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).