Get the latest NAV of Axis Children's No Lock in Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.
₹29.74
1D
NAV as on 19 May 2025
12.23%/per year
Since Inception
▲▼
as on (19-May-25)
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
See fund asset allocation details as on (13-May-25)
Fund Distribution
as on (13-May-25)
Equity 68.2%
Debt & Cash 31.8%
See fund sector allocation details as on (13-May-25)
Sector Allocation
Equity 68.2%
Debt & Cash 31.8%
Top 3 Sectors in April were Government, Financial Services & Corporate
Government
64%
Financial Services
36%
Corporate
15%
Government
64%
Financial Services
36%
Corporate
15%
as on (30-Apr-25)
Equity
Debt & Cash
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
Expense ratio | 1.26% |
Benchmark | Nifty 50 TR INR |
AUM | ₹886 Cr |
Inception Date | 8 December, 2015 |
Min Lumpsum/SIP | --/-- |
Exit Load | 3.0% |
Lock In | 5 Years |
TurnOver | 79.77% |
STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
Risk | Very High Risk |
Axis Children's No 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.
Axis Children's No Lock in Fund Direct Growth has given a CAGR return of 12.23% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 14.76%, 13.71% and 18.40% respectively.
Axis Children's No 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 benefitLong 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 0.00. There is a lock in period for Axis Children's No Lock in Fund Direct Growth of 5 Years
Fund Manager of Axis Children's No Lock in Fund Direct Growth, since 1 February 2023
Fund Manager of Axis Children's No Lock in Fund Direct Growth, since 5 April 2024
5Y CAGR
▲ 18.34
5Y CAGR
▲ 18.33
5Y CAGR
▲ 16.82
5Y CAGR
▲ 18.73
Axis Children's No Lock in Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 3.61% | 3.61% |
6 Month Returns | 3.91% | 3.91% |
1 Year Returns | 14.76% | 14.76% |
3 Years Returns | 47.02% | 13.71% |
AAA | 93 |
AA | 7 |