FAQ : Axis Children's Gift Fund - Compulsory Lock-in - Regular Plan - Growth

Axis Children's Gift Fund - Compulsory Lock-in - Regular Plan - Growth has delivered CAGR and average rolling returns as follows :

1 Year 3 Year 5 Year 9 Year
CAGR(%) 15.66 8.97 11.95 N/A
Average Rolling Returns(%) 11.58 11.33 11.17 N/A

The Current NAV of Axis Children's Gift Fund - Compulsory Lock-in - Regular Plan - Growth is ₹22.15.

It is better to invest in a fund with a longer track record as Axis Children's Gift Fund - Compulsory 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 Hybrid Composite Debt 65:35 Index returns, as Funds portfolio is significantly different.

Axis Children's Gift Fund - Compulsory Lock-in - Regular Plan - Growth fund’s expense ratio is 2.36%

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 - Compulsory Lock-in - Regular Plan - Growth is currently ₹791 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 22% and 33% of fund’s portfolio respectively.

Top three sectors of Axis Children's Gift Fund - Compulsory Lock-in - Regular Plan - Growth fund are Others, BFSI and IT accounting for 58% 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 - Compulsory Lock-in - Regular Plan - Growth Fund is Solution Oriented - Children's Fund.

Jayesh Sundar and Ashish Naik manage the Axis Children's Gift Fund - Compulsory Lock-in - Regular Plan - Growth Fund.

Axis Children's Gift Fund - Compulsory 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 - Compulsory Lock-in - Regular Plan - Growth is Stocks : 69.39%, Debt : 28.09% and Gold : 2.49%

The minimum SIP amount for Axis Children's Gift Fund - Compulsory Lock-in - Regular Plan - Growth is ₹1000.00 and minimum lumpsum is ₹5000.00

The exit load for Axis Children's Gift Fund - Compulsory Lock-in - Regular Plan - Growth is NIL

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