Axis Children's Lock in Fund Direct Growth

Axis Children's Lock in Fund Direct Growth is a hybrid fund. This fund was started on 8 December, 2015. The fund is managed by Hardik Shah, Devang Shah. This fund gives you the benefit of diversification.

1. Axis Children's Lock in Fund Direct Growth has ₹886 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
2. The fund has an expense ratio 1.3.
   

Axis Children's Lock in Fund Direct Growth has given a CAGR return of 11.90% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 15.16%, 13.29% and 17.48% respectively.

Axis Children's Lock in Fund Direct Growth has allocated its funds majorly in Government, Financial Services, Cash Equivalent, Corporate, Health, Tech, Consumer Cyclical, Industrial, Energy, Basic Materials, Communication, Real Estate, Utilities, Consumer Defensive.

As it is a children mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Long term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

The investment objective of the scheme is 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.

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. There is a lock in period for Axis Children's Lock in Fund Direct Growth of 5 Years