FAQ : Axis Children s Gift Fund - No Lock-in - Regular Plan - Growth

Axis Children s Gift Fund - No Lock-in - Regular Plan - Growth has delivered CAGR and average rolling returns as follows :

1 Year 3 Year 5 Year 9 Year
CAGR(%) 18.51 9.16 11.3 N/A
Average Rolling Returns(%) 11.64 11.30 11.20 N/A

The Current NAV of Axis Children s Gift Fund - No Lock-in - Regular Plan - Growth is ₹22.25.

It is better to invest in a fund with a longer track record as Axis Children s Gift Fund - No Lock-in - Regular Plan - Growth cannot be assessed for consistency of out-performance. Funds returns are more likely to be different than its benchmark NIFTY 50 - TRI returns, as Funds portfolio is significantly different.

Axis Children s Gift Fund - No Lock-in - Regular Plan - Growth fund’s expense ratio is 2.33%

The process for redemption is

  • Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
  • You will get information about the redemption and the NAV at which redeemed.
  • The amount will be deposited in the designated bank account.

The AUM of Axis Children s Gift Fund - No Lock-in - Regular Plan - Growth is currently ₹797 Crores.

The Top three stocks are ICICI Bank, HDFC Bank and Reliance Industries and account for 14% of its portfolio. Top 5 and 10 stocks of fund account for 21% and 33% of fund’s portfolio respectively.

Top three sectors of Axis Children s Gift Fund - No Lock-in - Regular Plan - Growth fund are Others, BFSI and IT accounting for 57% of the total portfolio.

Since this is a Solution Oriented - Children's Fund it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of Axis Children s Gift Fund - No Lock-in - Regular Plan - Growth Fund is Solution Oriented - Children's Fund.

Ashish Naik and Hardik Shah manage the Axis Children s Gift Fund - No Lock-in - Regular Plan - Growth Fund.

Axis Children s Gift Fund - No Lock-in - Regular Plan - Growth current PE ratio is 0.00 and PB ratio is 0.00

The asset allocation of Axis Children s Gift Fund - No Lock-in - Regular Plan - Growth is Stocks : 69.97%, Debt : 26.84% and Gold : 3.16%

The minimum SIP amount for Axis Children s Gift Fund - No Lock-in - Regular Plan - Growth is ₹1000.00 and minimum lumpsum is ₹5000.00

The exit load for Axis Children s Gift Fund - No Lock-in - Regular Plan - Growth is NIL

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