Axis Children's Lock in Fund Direct Growth

Axis Children's Lock in Fund Direct Growth

NAV as on 29-04-2025

₹ 28.58

0.9%

1D

Inception Returns

11.8%

/yr

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
19 people have invested ₹ 1.6L in Axis Children's Lock in Fund Direct Growth in the last three months

About 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 Devang Shah, Hardik Shah. This fund gives you the benefit of diversification.

Key Parameters

  1. Axis Children's Lock in Fund Direct Growth has ₹865 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.

Returns

Axis Children's Lock in Fund Direct Growth has given a CAGR return of 11.82% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 13.42%, 9.79% and 16.97% respectively.

Holdings

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

Taxation

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).

Investment objective of Axis Children's Lock in Fund Direct Growth

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 and lockin period

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

Axis Children's Lock in Fund Direct Growth Overview

Expense ratio1.26%
Benchmark
Nifty 50 TR INR
AUM₹865 Cr
Inception Date8 December, 2015
Min Lumpsum/SIP₹5000/₹1000
Exit Load
3.0%
Lock In5 Years
TurnOver
79.77%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (29-Apr-25)

Period
Axis Children's Lock in Fund Direct Growth
Hybrid Equity Index
1M
2.6%
-
3M
5.3%
-
6M
0.5%
-
1Y
13.4%
-
3Y
9.8%
-
5Y
17%
-

Fund Distribution

as on (31-Mar-25)

  • Equity 68.3%

  • Debt & Cash 31.7%

Large cap
48.3%

Small cap
9.7%

Mid cap
9.3%

Sector Allocation

Mar'25

Feb'25

Jan'25

Dec'24

Nov'24

Oct'24

Sep'24

Financial Services
36.3%
Health
12.3%
Tech
10.7%
Industrial
9.1%
Consumer Cyclical
8.5%
Energy
7.4%
Basic Materials
6.1%
Communication
3.1%
Real Estate
2.8%
Utilities
2%
Consumer Defensive
1.8%
All changes are between Oct'69 and Dec'69
Parameters
Mar'25
Feb'25
Jan'25
AUM
₹ 865.1 Cr
₹ 820.1 Cr
₹ 868.8 Cr
  • AUM of the fund stands at 865.1 Cr as of Mar'25
  • AUM increased by 45 Cr between Mar'25 and Feb'25
Top Stocks sold last month
HDFC Bank Limited's allocation decreased from 1.58 % to 1.14 %
HDFC Bank Limited's allocation decreased from 1.58 % to 1.14 %
Nestle India Ltd's allocation decreased from 1.3 % to 0.06 %
Nestle India Ltd's allocation decreased from 1.3 % to 0.06 %

Top 3 Sectors in March were Government, Financial Services & Corporate

Mar'25
Government
64%
Financial Services
36%
Corporate
15%
Feb'25
Government
62%
Financial Services
36%
Corporate
17%
  • Equity

  • Debt & Cash

Holdings
Weight%
1M Change
HDFC Bank Ltd
HDFC Bank Ltd
5.38%
0%
ICICI Bank Ltd
ICICI Bank Ltd
5.27%
0%
Infosys Ltd
Infosys Ltd
3.63%
0%
Reliance Industries Ltd
Reliance Industries Ltd
3.56%
2.2%
Bajaj Finance Ltd
Bajaj Finance Ltd
2.78%
0%
  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
Axis Children's Lock in Fund Direct Growth
Axis Children's Lock in Fund Direct Growth
13.42%
9.79%
16.97%
11.82%
SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth
SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth
20.68%
21.39%
-
37.31%
SBI Magnum Children's Benefit Fund Direct Growth
SBI Magnum Children's Benefit Fund Direct Growth
14.42%
12.76%
15.31%
12.61%
ICICI Prudential Child Care Fund (Gift Plan) Direct Plan
ICICI Prudential Child Care Fund (Gift Plan) Direct Plan
8.5%
18.43%
21.76%
14.39%
Fund
Mar'25
Feb'25
Jan'25
No of Holdings
94
93
95
Top 5 Company Concentration
20.6%
20.7%
20.5%
Company having highest exposure
HDFC Bank Ltd (5.4%)
HDFC Bank Ltd (5.4%)
HDFC Bank Ltd (5%)
No of Sectors
13
13
13
Top 5 Sectors Concentration
137.9%
138.4%
142%
Sector having highest exposure
Government (63.9%)
Government (61.7%)
Government (65%)
Loading...
We are taking more time than usual
Devang Shah
Devang Shah
Fund Manager of Axis Children's Lock in Fund Direct Growth, since 5 April 2024
Top funds managed
Hardik Shah
Hardik Shah
Fund Manager of Axis Children's Lock in Fund Direct Growth, since 1 February 2023
Top funds managed
Fund House
Axis Asset Management Company Limited
Total Schemes
Total AUM
₹3.08L Cr
as on 31-Mar-2025
Address
Axis Asset Management Company Ltd.,Axis House, 1st Floor, C-2, Wadia International Centre,,Pandurang Budhkar Marg, Worli,
Phone
+912243255161
Website
customerservice@axismf.com

Mutual Fund Insights

Insights icon
Over the last 6 months, this fund has experienced a 7.5% drop in AUM moving from 934.89 Cr to 865.05 Cr.
Insights icon
Over the last 1 year, this fund has increased expense ratio by 28.6% moving from 0.98 to 1.26.
Insights icon
In the last 5 years, HDFC Childrens Fund Direct Plan(Lock-in) has given 23.38% return, outperforming this fund by 6.15% per annum.
Insights icon
This fund has one of the lowest expense ratio in the category (children). Its expense ratio is 1.26% which is lower than the category average expense ratio of 1.51%.
Insights icon
In the last 1 year, SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth has given 18.54% return, outperforming this fund by 6.73%.
Insights icon
In the last 3 years, SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth has given 21.19% return, outperforming this fund by 11.53% per annum.

Axis Children's Lock in Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 11.82% since inception which is more than its category average return of 11.55%
Fund Allocations

Fund Allocations

This fund has an allocation of 68.27% in Equity, 25.94% in Debt and 5.8% in Cash related instruments
AUM size ₹865 Cr

AUM size ₹865 Cr

This fund has AUM of ₹865 Cr which is less than its category average of ₹ 1691 Cr
Expense Ratio 1.26%

Expense Ratio 1.26%

This fund has an expense ratio of 1.26% which is less than its category average expense ratio of 1.69%

Frequently Asked Questions for Axis Children's Lock in Fund Direct Growth

The current NAV of Axis Children's Lock in Fund Direct Growth is ₹28.58 as on 29-Apr-2025.
Existing (Absolute + CAGR) as on 29-Apr-2025.
Axis Children's Lock in Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
2.56%
2.56%
6 Month Returns
0.53%
0.53%
1 Year Returns
13.42%
13.42%
3 Years Returns
32.33%
9.79%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
1.26% as on March 2025
₹865 Cr as on March 2025
7.34% Govt Stock 2064(6.08%), HDFC Bank Ltd(5.38%), ICICI Bank Ltd(5.27%), 7.3% Govt Stock 2053(4.85%), Infosys Ltd(3.63%) as on March 2025
Financial Services(24.79%), Government(20.28%), Health(8.37%) as on March 2025
AAA
90.81
AA
6.92
A
2.26
Devang Shah, Hardik Shah are the fund managers of Axis Children's Lock in Fund Direct Growth
The Exit load of Axis Children's Lock in Fund Direct Growth is 3%