Axis Children's Gift Direct No Lock in Growth
Hybrid
Direct
Children
NAV: ₹ 23.6 as on 21-09-2023
Fund Performance
Fund Insights
This fund has one of the lowest expense ratio in the category (children). Its expense ratio is 0.95% which is lower than the category average expense ratio of 1.54%.
In the last 5 years, HDFC Childrens Gift Fund Direct Plan(Lock-in) has given 15.44% return, outperforming this fund by 3.5% per annum.
In the last 1 year, SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth has given 22.65% return, outperforming this fund by 15.84%.
In the last 3 years, Tata Young Citizens' Fund (After 7 years) Direct Plan Growth has given 23.71% return, outperforming this fund by 8.27% per annum.
About the Fund
Axis Children's Gift Direct No Lock in Growth is a hybrid fund. This fund was started on 8 December, 2015. The fund is managed by Ashish Naik, R Sivakumar, Hardik Shah. This fund gives you the benefit of diversification.
Key Parameters
- Axis Children's Gift Direct No Lock in Growth has ₹751 Cr worth of assets under management (AUM) as on Aug 2023 and is less than category average.
- The fund has an expense ratio 1.
Axis Children's Gift Direct No Lock in Growth Overview
 | 0.95% |
 Benchmark | IISL Nifty 50 TR INR |
 | ₹751 Cr |
 | 8 December, 2015 |
 | ₹5000/₹0 |
 Exit Load | 3% |
 | 5 Years |
 TurnOver | 88.41% |
Fund Distribution as on (31-Aug-23)
Size breakup
Large cap
56.2%
Small cap
9.7%
Mid cap
6.4%
Sector Allocation
Financial Services
30.6%
Basic Materials
14.2%
Consumer Cyclical
11.5%
Tech
11.2%
Industrial
8.8%
Consumer Defensive
8.5%
Health
7.4%
Energy
6.1%
Real Estate
1.6%
Top Holdings of Axis Children's Gift Direct No Lock in Growth as on (31-Aug-23)
Equity Holdings45
Debt Holdings9
Axis Children's Gift Direct No Lock in Growth: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 751.3 Cr as of Aug'23
- AUM decreased by 7.1 Cr between Aug'23 and Jul'23
Fund Portfolio Changes
Peer Analysis
Axis Children's Gift Direct No Lock in Growth Fund Manager
Ashish Naik
Fund Manager of Axis Children's Gift Direct No Lock in Growth, since 6 July 2016
Top funds managed
R Sivakumar
Fund Manager of Axis Children's Gift Direct No Lock in Growth, since 7 June 2016
Top funds managed
Hardik Shah
Fund Manager of Axis Children's Gift Direct No Lock in Growth, since 1 February 2023
Top funds managed
Fund 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 11.78% since inception which is less than its category average return of 12.3%
Fund Allocations
This fund has an allocation of 74.45% in Equity, 23.45% in Debt and 2.1% in Cash related instruments
AUM size ₹751 Cr
This fund has AUM of ₹751 Cr which is less than its category average of ₹ 1439 Cr
Expense Ratio 0.95%
This fund has an expense ratio of 0.95% which is less than its category average expense ratio of 1.75%
Frequently Asked Questions
The current NAV of Axis Children's Gift Direct No Lock in Growth is ₹23.59 as on 21-Sep-2023.
Existing (Absolute + CAGR) as on 21-Sep-2023.
Axis Children's Gift Direct No Lock in Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 3.26% | 3.26% |
6 Month Returns | 14.73% | 14.73% |
1 Year Returns | 6.81% | 6.81% |
3 Years Returns | 53.83% | 15.44% |
5 Years Returns | 75.8% | 11.94% |
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.
0.95% as on August 2023
₹751 Cr as on August 2023
7.38% Govt Stock 2027(14.74%), HDFC Bank Ltd(5.38%), Bajaj Finance Ltd(5.18%), ICICI Bank Ltd(4.89%), Reliance Industries Ltd(4.43%) as on August 2023
Financial Services(22.81%), Government(20.84%), Basic Materials(10.6%) as on August 2023
AAA | 100 |
Ashish Naik, R Sivakumar, Hardik Shah are the fund managers of Axis Children's Gift Direct No Lock in Growth
The Exit load of Axis Children's Gift Direct No Lock in Growth is 3%