Axis Childrens Gift Fund - without Lock in - Growth

Fund House: Axis Mutual Fund
Category: Childrens Fund
Launch Date: 05-12-2015
Asset Class: Mixed Asset
Benchmark: NIFTY 50 Hybrid Composite Debt 65:35
Expense Ratio: 2.45% As on (31-01-2021)
Status: Open Ended Schemes
Minimum Investment: 5000.0
Minimum Topup: 100.0
Total Assets: 539.64 Cr As on (31-01-2021)
Turn over: 86% | Exit Load: 3% for redemption within 365 days

17.2388

10.95%

PERFORMANCE

Returns Type:
of  
Start :  
End : 
Period:  
This Scheme
-
vs
S&P BSE India Bond Index
-
Gold
-
PPF
-
Returns Type:
of  
  Period:  

Start :  
Period:  

RETURNS ANALYSIS

Fund Multiplier

Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)

Time Taken To Multiply
2x
4x
5x
10x
FUND
There is no value for 2x
There is no value for 4x
There is no value for 5x
There is no value for 10x
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months

 

Investment Objective

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.

Current Asset Allocation (%)

Indicators

Volatility -
Sharp Ratio -
Alpha -4.15
Beta 1.03
Yield to Maturity 5.01
Average Maturity 4.2

PEER COMPARISON

Scheme Name Inception
Date
1 Year
Return(%)
2 Year
Return(%)
3 Year
Return(%)
5 Year
Return(%)
10 Year
Return(%)
Axis Childrens Gift Fund - without Lock in - Growth 05-12-2015 22.26 17.21 11.43 11.9 -
Tata Young Citizen -Regular Plan-Growth 14-10-1995 36.73 18.4 9.51 11.19 10.73
UTI CCF Investment Plan - Regular Plan - Growth Option 17-02-2004 32.46 17.81 10.8 15.57 12.09
HDFC Children Gift Fund-Investment 05-03-2001 28.77 15.48 11.1 14.56 14.53
ADITYA BIRLA SUN LIFE BAL BHAVISHYA YOJNA WEALTH PLAN REGULAR GROWTH 05-02-2019 23.58 12.83 - - -
Axis Childrens Gift Fund - Lock in - Growth 05-12-2015 22.26 17.21 11.43 11.91 -
LIC MF Childrens Gift Fund-Regular Plan-Growth 16-10-2001 18.95 14.14 8.12 8.64 7.69
ICICI Prudential Child Care Fund (Gift Plan) - Cumulative 20-08-2001 17.38 11.3 7.8 11.96 12.28
SBI Magnum Childrens Benefit Fund - Savings Plan - REGULAR PLAN - GROWTH 25-01-2002 15.7 8.53 6.34 11.61 11.4

Scheme Characteristics

Scheme having a lock-in for at least 5 years or till the child attains age of majority whichever is earlier.

Riskometer

riskometer

PORTFOLIO

Market Cap Distribution

Small Cap

3.83%

Others

27.07%

Large Cap

62.41%

Mid Cap

6.69%

Scheme Documents

There are no scheme documents available

Tax Benefits of investing in this fund

Long term capital gains (LTCG) tax @20% (plus surcharge, if applicable and cess) with indexation if units held for more than 36 months

Short term capital gains (STCG) tax at the income tax slab rate applicable to the investor, if units are held for less than 36 months

Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @29.12% ( 25% + 12% surcharge + 4% Health & education cess) for Individuals and @ 34.944% ( 30% + 12% surcharge + 4% Health & education cess) for any other person **

In case of an investor being NRI, LTCG tax are chargeable @ 10% (plus surcharge, if applicable and cess) without indexation relating to units redeemed from unlisted schemes.

** The DDT is to be paid by the mutual fund

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