Axis Children's No Lock in Fund Direct Growth

Axis Children's No Lock in Fund Direct Growth

NAV as on 09-05-2025

₹ 28.7

-0.6%

1D

Inception Returns

11.8%

/yr

Historical NAV & Returns

Absolute

About Axis Children's No Lock in Fund Direct Growth

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.

Key Parameters

  1. Axis Children's No 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.

Returns

Axis Children's No Lock in Fund Direct Growth has given a CAGR return of 11.85% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 13.08%, 11.62% and 17.05% respectively.

Holdings

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.

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 No 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 0.00. There is a lock in period for Axis Children's No Lock in Fund Direct Growth of 5 Years

Axis Children's No Lock in Fund Direct Growth Overview

Expense ratio1.26%
Benchmark
Nifty 50 TR INR
AUM₹886 Cr
Inception Date8 December, 2015
Min Lumpsum/SIP--/--
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 (09-May-25)

Period
Axis Children's No Lock in Fund Direct Growth
Hybrid Equity Index
1M
4.6%
-
3M
0.2%
-
6M
-1.7%
-
1Y
13.1%
-
3Y
11.6%
-
5Y
17%
-

Fund Distribution

as on (31-Mar-25)

  • Equity 68.2%

  • Debt & Cash 31.8%

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
State Bank of India's allocation decreased from 5.26 % to 1.79 %
State Bank of India's allocation decreased from 5.26 % to 1.79 %
Bajaj Finserv Ltd's allocation decreased from 5.26 % to 1.32 %
Bajaj Finserv Ltd's allocation decreased from 5.26 % to 1.32 %
HDFC Bank Limited's allocation decreased from 1.15 % to 1.14 %
HDFC Bank Limited's allocation decreased from 1.15 % to 1.14 %

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%
Mahindra & Mahindra Ltd
Mahindra & Mahindra Ltd
2.26%
-9.7%
Bharti Airtel Ltd
Bharti Airtel Ltd
2.11%
0%
Fortis Healthcare Ltd
Fortis Healthcare Ltd
2.01%
0%
State Bank of India
State Bank of India
1.84%
0%
Divi's Laboratories Ltd
Divi's Laboratories Ltd
1.74%
0%
Larsen & Toubro Ltd
Larsen & Toubro Ltd
1.68%
0%
Bajaj Finserv Ltd
Bajaj Finserv Ltd
1.48%
-9.6%
PI Industries Ltd
PI Industries Ltd
1.46%
0%
Tata Consultancy Services Ltd
Tata Consultancy Services Ltd
1.41%
0%
Sun Pharmaceuticals Industries Ltd
Sun Pharmaceuticals Industries Ltd
1.21%
0%
DOMS Industries Ltd
DOMS Industries Ltd
1.14%
0%
Apollo Hospitals Enterprise Ltd
Apollo Hospitals Enterprise Ltd
1.04%
0%
Bank of India
Bank of India
1.01%
0%
PNB Housing Finance Ltd
PNB Housing Finance Ltd
0.96%
0%
Sumitomo Chemical India Ltd Ordinary Shares
Sumitomo Chemical India Ltd Ordinary Shares
0.95%
0%
Kotak Mahindra Bank Ltd
Kotak Mahindra Bank Ltd
0.93%
6.1%
HDFC Life Insurance Co Ltd
HDFC Life Insurance Co Ltd
0.89%
0%
Cipla Ltd
Cipla Ltd
0.86%
0%
NTPC Ltd
NTPC Ltd
0.79%
272.7%
Cholamandalam Investment and Finance Co Ltd
Cholamandalam Investment and Finance Co Ltd
0.78%
0%
FSN E-Commerce Ventures Ltd
FSN E-Commerce Ventures Ltd
0.78%
0%
Brigade Enterprises Ltd
Brigade Enterprises Ltd
0.78%
0%
Varun Beverages Ltd
Varun Beverages Ltd
0.76%
24.6%
PG Electroplast Ltd
PG Electroplast Ltd
0.69%
0%
Hindustan Aeronautics Ltd Ordinary Shares
Hindustan Aeronautics Ltd Ordinary Shares
0.64%
0%
Neogen Chemicals Ltd
Neogen Chemicals Ltd
0.61%
-15.6%
Jyoti CNC Automation Ltd
Jyoti CNC Automation Ltd
0.6%
0%
J.B. Chemicals & Pharmaceuticals Ltd
J.B. Chemicals & Pharmaceuticals Ltd
0.57%
-0.4%
Coal India Ltd
Coal India Ltd
0.57%
0%
SBI Life Insurance Co Ltd
SBI Life Insurance Co Ltd
0.57%
0%
DLF Ltd
DLF Ltd
0.56%
0%
Eternal Ltd
Eternal Ltd
0.56%
0%
Suzlon Energy Ltd
Suzlon Energy Ltd
0.55%
0%
Anant Raj Ltd
Anant Raj Ltd
0.55%
0%
Vijaya Diagnostic Centre Ltd
Vijaya Diagnostic Centre Ltd
0.55%
0%
Power Grid Corp Of India Ltd
Power Grid Corp Of India Ltd
0.54%
0%
Indus Infra Trust Unit
Indus Infra Trust Unit
0.53%
0%
Bharat Petroleum Corp Ltd
Bharat Petroleum Corp Ltd
0.52%
0%
GE Vernova T&D India Ltd
GE Vernova T&D India Ltd
0.52%
0%
LTIMindtree Ltd
LTIMindtree Ltd
0.52%
0%
Capital Infra Trust InvITs
Capital Infra Trust InvITs
0.52%
0%
Union Bank of India
Union Bank of India
0.5%
0%
Tata Motors Ltd
Tata Motors Ltd
0.49%
0%
Hindalco Industries Ltd
Hindalco Industries Ltd
0.47%
48.2%
Bharat Electronics Ltd
Bharat Electronics Ltd
0.47%
12.2%
Premier Energies Ltd
Premier Energies Ltd
0.45%
7.1%
REC Ltd
REC Ltd
0.45%
0%
Sansera Engineering Ltd
Sansera Engineering Ltd
0.45%
-11.5%
Oil & Natural Gas Corp Ltd
Oil & Natural Gas Corp Ltd
0.41%
0%
Arvind Fashions Ltd
Arvind Fashions Ltd
0.41%
0%
Zydus Lifesciences Ltd
Zydus Lifesciences Ltd
0.39%
0%
Avenue Supermarts Ltd
Avenue Supermarts Ltd
0.39%
0%
Aadhar Housing Finance Ltd
Aadhar Housing Finance Ltd
0.37%
0%
Dixon Technologies (India) Ltd
Dixon Technologies (India) Ltd
0.37%
0%
ICICI Prudential Life Insurance Co Ltd
ICICI Prudential Life Insurance Co Ltd
0.33%
0%
UNO Minda Ltd
UNO Minda Ltd
0.32%
0%
Pidilite Industries Ltd
Pidilite Industries Ltd
0.3%
0%
Mphasis Ltd
Mphasis Ltd
0.26%
0%
Clean Science and Technology Ltd
Clean Science and Technology Ltd
0.26%
-9.3%
MTAR Technologies Ltd
MTAR Technologies Ltd
0.22%
-17.5%
Voltamp Transformers Ltd
Voltamp Transformers Ltd
0.21%
0%
Bank of Baroda
Bank of Baroda
0.2%
0%
Samvardhana Motherson International Ltd
Samvardhana Motherson International Ltd
0.2%
0%
Hyundai Motor India Ltd
Hyundai Motor India Ltd
0.18%
-21.7%
Techno Electric & Engineering Co Ltd
Techno Electric & Engineering Co Ltd
0.15%
0%
Vedant Fashions Ltd
Vedant Fashions Ltd
0.14%
0%
UltraTech Cement Ltd
UltraTech Cement Ltd
0.1%
0%
Nestle India Ltd
Nestle India Ltd
0.07%
0%
Titagarh Rail Systems Ltd
Titagarh Rail Systems Ltd
0.05%
0%
  • Returns %

  • Fund Ratios

  • Overview

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%)
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Hardik Shah
Hardik Shah
Fund Manager of Axis Children's No Lock in Fund Direct Growth, since 1 February 2023
Top funds managed
Devang Shah
Devang Shah
Fund Manager of Axis Children's No Lock in Fund Direct Growth, since 5 April 2024
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
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 18.57% return, outperforming this fund by 5.49%.
Insights icon
In the last 3 years, SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth has given 22.21% return, outperforming this fund by 10.58% per annum.
Insights icon
In the last 5 years, HDFC Childrens Fund Direct Plan(Lock-in) has given 23.12% return, outperforming this fund by 6.07% per annum.
Insights icon
Over the last 6 months, this fund has experienced a 5.3% drop in AUM moving from 934.89 Cr to 885.69 Cr.

Axis Children's No 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 11.85% since inception which is more than its category average return of 11.29%
Fund Allocations

Fund Allocations

This fund has an allocation of 68.24% in Equity, 25.76% in Debt and 6% in Cash related instruments
AUM size ₹886 Cr

AUM size ₹886 Cr

This fund has AUM of ₹886 Cr which is less than its category average of ₹ 1702 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 1.71%

Frequently Asked Questions for Axis Children's No Lock in Fund Direct Growth

The current NAV of Axis Children's No Lock in Fund Direct Growth is ₹28.7 as on 09-May-2025.
Existing (Absolute + CAGR) as on 09-May-2025.
Axis Children's No Lock in Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
4.56%
4.56%
6 Month Returns
-1.68%
-1.68%
1 Year Returns
13.08%
13.08%
3 Years Returns
39.09%
11.62%
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 April 2025
₹886 Cr as on April 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 April 2025
Financial Services(24.44%), Government(20.18%), Health(8.41%) as on April 2025
AAA
90.81
AA
6.92
A
2.26
Hardik Shah, Devang Shah are the fund managers of Axis Children's No Lock in Fund Direct Growth
The Exit load of Axis Children's No Lock in Fund Direct Growth is 3%