Axis Children's Gift Direct Lock in Growth
Hybrid
Direct
Children
NAV: ₹ 23.5 as on 30-11-2023
Fund Performance
19 people have invested ₹ 37.5K in Axis Children's Gift Direct Lock in Growth in the last three months
Mutual Fund Insights
In the last 3 years, SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth has given 40% return, outperforming this fund by 28.62% per annum.
Over the last 1 month, this fund has experienced a 2.7% drop in AUM moving from 760.01 Cr to 739.69 Cr.
In the last 5 years, Tata Young Citizens' Fund (After 7 years) Direct Plan Growth has given 16.47% return, outperforming this fund by 4.25% per annum.
This fund has one of the lowest expense ratio in the category (children). Its expense ratio is 0.88% which is lower than the category average expense ratio of 1.4%.
Over the last 6 months, this fund has decreased expense ratio by 16.2% moving from 1.05 to 0.88.
In the last 1 year, SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth has given 24.02% return, outperforming this fund by 17.1%.
About the Axis Children's Gift Direct Lock in Growth
Axis Children's Gift Direct Lock in Growth is a hybrid fund. This fund was started on 8 December, 2015. The fund is managed by R Sivakumar, Ashish Naik, Hardik Shah. This fund gives you the benefit of diversification.
Key Parameters
- Axis Children's Gift Direct Lock in Growth has ₹740 Cr worth of assets under management (AUM) as on Oct 2023 and is less than category average.
- The fund has an expense ratio 0.9.
Axis Children's Gift Direct Lock in Growth Overview
 | 0.88% |
 Benchmark | IISL Nifty 50 TR INR |
 | ₹740 Cr |
 | 8 December, 2015 |
 | ₹5000/₹1000 |
 Exit Load | 3% |
 | 5 Years |
 TurnOver | 88.41% |
Axis Children's Gift Direct Lock in Growth Distribution as on (31-Oct-23)
Size breakup
Large cap
55.8%
Small cap
9.2%
Mid cap
6.1%
Sector Allocation
Financial Services
31%
Basic Materials
14.1%
Consumer Cyclical
11.8%
Tech
10.7%
Consumer Defensive
8.8%
Industrial
8.5%
Health
7.5%
Energy
6%
Real Estate
1.7%
Top Holdings of Axis Children's Gift Direct Lock in Growth as on (31-Oct-23)
Equity Holdings45
Debt Holdings13
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Bajaj Finance Ltd | 5.51% | 0% | |
 HDFC Bank Ltd | 5.13% | 0% | |
 ICICI Bank Ltd | 4.74% | 0% | |
 Reliance Industries Ltd | 4.27% | 0% | |
 Avenue Supermarts Ltd | 4.11% | 0% |
See all
Axis Children's Gift Direct Lock in Growth: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 739.7 Cr as of Oct'23
- AUM decreased by 20.3 Cr between Oct'23 and Sep'23
Fund Portfolio Changes
Peer Analysis
Axis Children's Gift Direct Lock in Growth Fund Manager
R Sivakumar
Fund Manager of Axis Children's Gift Direct Lock in Growth, since 7 June 2016
Top funds managed
Ashish Naik
Fund Manager of Axis Children's Gift Direct Lock in Growth, since 6 July 2016
Top funds managed
Hardik Shah
Fund Manager of Axis Children's Gift Direct Lock in Growth, since 1 February 2023
Top funds managed
Axis Children's Gift Direct Lock in Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 11.25% since inception which is less than its category average return of 12.16%
Fund Allocations
This fund has an allocation of 73.26% in Equity, 24.58% in Debt and 2.16% in Cash related instruments
AUM size ₹740 Cr
This fund has AUM of ₹740 Cr which is less than its category average of ₹ 1332 Cr
Expense Ratio 0.88%
This fund has an expense ratio of 0.88% which is less than its category average expense ratio of 1.56%
Frequently Asked Questions
The current NAV of Axis Children's Gift Direct Lock in Growth is ₹23.5 as on 30-Nov-2023.
Existing (Absolute + CAGR) as on 30-Nov-2023.
Axis Children's Gift Direct Lock in Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 3.29% | 3.29% |
6 Month Returns | 6.01% | 6.01% |
1 Year Returns | 6.92% | 6.92% |
3 Years Returns | 38.18% | 11.38% |
5 Years Returns | 78.03% | 12.23% |
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.
0.88% as on October 2023
₹740 Cr as on October 2023
7.38% Govt Stock 2027(12.18%), Bajaj Finance Ltd(5.51%), HDFC Bank Ltd(5.13%), ICICI Bank Ltd(4.74%), Reliance Industries Ltd(4.27%) as on October 2023
Financial Services(22.68%), Government(21.15%), Basic Materials(10.3%) as on October 2023
AAA | 100 |
R Sivakumar, Ashish Naik, Hardik Shah are the fund managers of Axis Children's Gift Direct Lock in Growth
The Exit load of Axis Children's Gift Direct Lock in Growth is 3%