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NAV as of Jun 07, 2024
₹26.2861+1.45% 1D change
Returns since inception
Returns Annualised Returns since inception
12.03% p.a.
Chance: This fund has generated only 11.51% annual return in 70% of times for investors holding for at least 5 years.
Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit load of 3% if units are redeemed within 1 year, 2% if redeemed after 1 year but within 2 years and 1% if redeemed after 2 years but within 3 years.
VRO rating | 1 |
Expense ratio | 1.16% as on Apr 30, 2024 |
Exit load | 3.0% Exit load of 3% if units are redeemed within 1 year, 2% if redeemed after 1 year but within 2 years and 1% if redeemed after 2 years but within 3 years.! |
AUM (Fund size) | ₹812 Crs |
Lock-in | 5 Years |
Age | 8 yrs 6 m since Nov 18, 2015 |
Benchmark | NIFTY 50 Hybrid Composite Debt 65:35 |
Min. investment | SIP ₹1000 & Lump. ₹5000 |
Risk | Very High |
Large Cap 51.87317120589939%
Mid Cap 11.399798743053623%
Small Cap 10.816724921046987%
Other Cap 0.0%
Financial 21.64%
Automobile 9.1%
Healthcare 7.130000000000001%
Technology 6.68%
SOV 17.54563222%
AAA 4.94553824%
Others 1.48197691%
AA+ 1.24728917%
GOI 16.33%
HDFC Bank Ltd. 2.46%
Bharti Telecom Ltd. 1.25%
Mahanagar Telephone Nigam Ltd. 1.24%
Bifurcation by Instrument is not available for this fund
Bharat Highways InvIT 0.57%
Alpha | -1.8 vs. 5.3343253 Underperformed at beating benchmark |
Sharpe | 0.46 vs. 6.7843847 Poor risk-adjusted returns |
Beta | 0.82 vs. 1.1334606 Less sensitive to market ups & downs |
Standard deviation | 10.1 vs. 7.9443145 More volatile performance |
Fund AUM | ₹812 Crs as on Mar 31, 2024 |
Scheme document | View Scheme Document |
The scheme seeks to generate income by investing in debt & money market instruments along with long-term capital appreciation through investments in equity & equity related instruments.
No. of schemes | 60 view all schemes |
Total AUM | ₹2,75,166 Crs as on Mar 31, 2024 |
Address | 23rd Floor, One Lodha Place, S. B. Road, Lower Parel. Mumbai, 400013 |
Phone | 022-24255161 |
Fund name | ETM Rank | AUM (in Crs.) | 1Y | 5Y |
---|---|---|---|---|
Axis Multi Asset Allocation Fund | #5 | ₹1,202 Crs | 21.16% | 14.21% |
Axis Retirement Savings Fund - Dynamic Plan | N.A. | ₹347 Crs | 31.28% | N.A. |
Axis Equity Hybrid Fund | #20 | ₹1,589 Crs | 21.77% | 13.76% |
Axis Balanced Advantage Fund | #16 | ₹2,124 Crs | 28.13% | 12.83% |
Axis Retirement Savings Fund - Aggressive Plan | N.A. | ₹839 Crs | 30.64% | N.A. |
Axis Equity Saver Fund | #15 | ₹908 Crs | 18.92% | 10.93% |
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The Axis Children's Gift Fund is a 8 yrs 6 m old fund and has delivered average annual returns of 12.03% since inception.
1-Year | 3-Year | 5-Year | Since Inception |
---|---|---|---|
18.48% | 10.53% | 12.95% | 12.03% |
NAV or Net Asset Value is the per-unit price of the Mutual Fund. The NAV of a Mutual Fund changes every day. It is calculated by taking the current value of the holdings of the fund at end of the day, subtracting the expenses, and dividing the value by the number of units issued to date.
The NAV of Axis Children's Gift Fund for Jun 07, 2024 is 26.2861.
On ET Money, Investing in Axis Children's Gift Fund is fast, easy, and 100% paperless. And it takes only minutes. Here is what you need to do -
The Expense Ratio of a Mutual Fund is the annual charges you pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio is a percentage of Assets Under Management (AUM) and is taken from the returns generated by the fund. For this reason, a fund with a lower expense ratio is always better because a smaller part of the returns will be taken and that means more returns for you.
The Expense Ratio of the direct plan of Axis Children's Gift Fund is 1.16%. .
Redeeming your investments in Axis Children's Gift Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.
If you have invested in Axis Children's Gift Fund from anywhere else, you can go to the fund house website and put a request through it.
AUM or Asset Under Management is the total value of the assets held by a Mutual Fund scheme. For instance, for an equity Mutual Fund, the AUM will be the total value of its portfolio's equity shares (plus any other asset it might have invested in). The AUM of the fund changes every day because the price of the underlying asset fluctuates daily. However, the Mutual Fund company doesn't update it every day. It is updated only at the end of the month and released within few days of the next month.
The AUM of the fund is a good indicator of its popularity. A fund with a high AUM means a lot of money has been invested in it, and investors like it. However, the AUM should never be the primary criteria while selecting a fund. There are funds with huge AUMs that continue to perform well despite their size.
The AUM of Axis Children's Gift Fund is ₹812 Crs.
The Axis Children's Gift Fund's equity portion has been invested in the stocks of the following companies
Company | Percentage of Portfolio |
---|---|
ICICI Bank Ltd. | 5.43% |
HDFC Bank Ltd. | 4.81% |
Reliance Industries Ltd. | 4.27% |
Infosys Ltd. | 3.08% |
Tata Consultancy Services Ltd. | 3.02% |
PI Industries Ltd. | 2.51% |
Larsen & Toubro Ltd. | 2.48% |
Mahindra & Mahindra Ltd. | 2.3% |
Bajaj Finance Ltd. | 2.29% |
Avenue Supermarts Ltd. | 2.09% |
The Axis Children's Gift Fund's equity portion is primarily invested in the following sectors -
Sector | Percentage of Portfolio |
---|---|
Financial | 21.64% |
Automobile | 9.1% |
Healthcare | 7.130000000000001% |
Technology | 6.68% |
Chemicals | 5.869999999999999% |
Services | 4.66% |
Energy | 4.52% |
Construction | 4.2% |
Capital Goods | 2.31% |
Materials | 2.25% |
The credit rating of the instruments in which the fund invests represents the quality of the borrower.
The Axis Children's Gift Fund's debt portion's allocation by credit quality is given belowCredit Quality | Percentage of Portfolio |
SOV | 17.54563222% |
AAA | 4.94553824% |
Others | 1.48197691% |
The top 3 debt holdings of Axis Children's Gift Fund are as follows
Holding Name | Percentage of Portfolio |
GOI | 16.33% |
HDFC Bank Ltd. | 2.46% |
Bharti Telecom Ltd. | 1.25% |
Fresh Investments closed in this fund!
This fund is no longer available to invest