AXIS Children's Fund - No Lock in - Dir (IDCW)
Childrens Fund
- NAV 28.49 (-0.10%)
- Fund Size (Cr) ₹900.84
- Expense Ratio 1.26
- Scheme Type Active Fund
- Value Research
- Minimum investment ₹5000
- Minimum Additional Investment ₹100
- Minimum SIP Investment ₹100
- Minimum Withdrawal ₹1000
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Exit Load
3%
- Return Since Launch 12.26%
Basic Details
Ashish Naik
NIFTY 50 Hybrid Composite Debt 65:35 Index
OPEN
Lumpsum Returns
Note: Lumpsum Returns since Inception Date.
SIP Returns
Note: SIP Returns since Inception Date.
Tax Treatment
If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.
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News
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Axis MF announces change in Fund Manager of the following schemes
Axis Mutual Fund has announced change in Fund Managers of the following schemes with effect from: 16 December 2024
Change in Fund Managers of the Schemes:
Scheme Name Existing Fund Manager(s) Proposed Fund Manager(s) Axis Focused Fund Mr. Sachin Relekar
Mr. Hitesh Das
Ms. Krishnaa N (For Foreign Securities)Mr. Sachin Relekar
Ms. Krishnaa N (For Foreign Securities)Axis Flexi Cap Fund Mr. Sachin Relekar
Mr. Hitesh Das
Ms. Krishnaa N (For Foreign Securities)Mr. Sachin Relekar
Ms. Krishnaa N (For Foreign Securities)Axis Multicap Fund Mr. Nitin Arora
Mr. Shreyash Devalkar
Mr. Hitesh Das
Mr. Sachin JainMr. Nitin Arora
Mr. Shreyash Devalkar
Mr. Hitesh DasAxis Arbitrage Fund Mr. Karthik Kumar
Mr. Devang Shah
Mr. Sachin Jain
Mr. Ashish NaikMr. Karthik Kumar
Mr. Devang Shah
Mr. Sachin JainAxis Balanced Advantage Fund Mr. Jayesh Sundar
Mr. Ashish Naik
Mr. Devang Shah
Mr. Hardik ShahMr. Jayesh Sundar
Mr. Devang Shah
Mr. Hardik ShahAxis Aggressive Hybrid Fund Mr. Jayesh Sundar
Mr. Ashish Naik
Mr. Devang Shah
Mr. Aditya PagariaMr. Jayesh Sundar
Mr. Devang Shah
Mr. Aditya Pagaria
Ms. Krishnaa N (For Foreign Securities)Axis Multi Asset Allocation Fund Mr. Jayesh Sundar
Mr. Ashish Naik
Mr. Devang Shah
Mr. Hardik Shah
Mr. Aditya PagariaMr. Ashish Naik
Mr. Devang Shah
Mr. Hardik Shah
Mr. Aditya Pagaria
Ms. Krishnaa N (For Foreign Securities)Axis Innovation Fund Mr. Ashish Naik
Mr. Mayank Hyanki
Ms. Krishnaa N (For Foreign Securities)Mr. Ashish Naik
Ms. Krishnaa N (For Foreign Securities)Axis ESG Integration Strategy Fund Mr. Shreyash Devalkar
Mr. Vishal Agarwal
Mr. Hitesh Das
Ms. Krishnaa N (For Foreign Securities)Mr. Vishal Agarwal
Mr. Hitesh Das
Ms. Krishnaa N (For Foreign Securities)Axis Quant Fund Mr. Karthik Kumar
Mr. Ashish Naik
Ms. Krishnaa N (For Foreign Securities)Mr. Karthik Kumar
Ms. Krishnaa N (For Foreign Securities)Axis Equity Savings Fund Mr. Mayank Hyanki
Mr. Hitesh Das
Mr. Devang Shah
Mr. Hardik ShahMr. Mayank Hyanki
Mr. Devang Shah
Mr. Hardik Shah
Ms. Krishnaa N (For Foreign Securities)Axis NIFTY 100 Index Fund Mr. Ashish Naik
Mr. Karthik KumarMr. Karthik Kumar Axis Children's Fund Mr. Jayesh Sundar
Mr. Ashish Naik
Mr. Devang Shah
Mr. Hardik ShahMr. Jayesh Sundar
Mr. Devang Shah
Mr. Hardik Shah
Ms. Krishnaa N (For Foreign Securities)Axis Retirement Fund - Aggressive Plan ,
and Dynamic Plan and Conservative PlanMr. Jayesh Sundar
Mr. Nitin Arora
Mr. Devang Shah
Mr. Hardik Shah
Ms. Krishnaa N (For Foreign Securities)Mr. Jayesh Sundar
Mr. Devang Shah
Mr. Hardik Shah
Ms. Krishnaa N (For Foreign Securities)Axis Conservative Hybrid Fund Mr. Devang Shah
Mr. Sachin Jain
Mr. Jayesh Sundar Mr. Ashish Naik Ms. Krishnaa N (For Foreign Securities)Mr. Devang Shah
Mr. Sachin Jain
Mr. Jayesh Sundar
Ms. Krishnaa N (For Foreign Securities)Axis Value Fund Mr. Nitin Arora
Mr. Sachin Relekar
Ms. Krishnaa N (For Foreign Securities)Mr. Nitin Arora
Ms. Krishnaa N (For Foreign Securities)Axis NIFTY 50 Index Fund Mr. Karthik Kumar
Mr. Hitesh DasMr. Karthik Kumar Axis NIFTY 50 ETF Mr. Ashish Naik
Mr. Karthik KumarMr. Karthik Kumar Axis NIFTY Next 50 Index Fund Mr. Karthik Kumar
Mr. Sachin RelekarMr. Karthik Kumar Axis NIFTY Bank ETF Mr. Karthik Kumar
Mr. Ashish NaikMr. Karthik Kumar Axis Nifty Smallcap 50 Index Fund Mr. Karthik Kumar
Mr. Mayank HyankiMr. Karthik Kumar Axis Nifty Midcap 50 Index Fund Mr. Karthik Kumar
Mr. Mayank HyankiMr. Karthik Kumar Axis NIFTY IT ETF Mr. Karthik Kumar
Mr. Hitesh DasMr. Karthik Kumar Axis NIFTY Healthcare ETF Mr. Karthik Kumar
Mr. Shreyash DevalkarMr. Karthik Kumar Axis Equity ETFs FoF Mr. Karthik Kumar
Mr. Shreyash DevalkarMr. Karthik Kumar Axis NIFTY India Consumption ETF Mr. Ashish Naik
Mr. Karthik KumarMr. Karthik Kumar Axis Business Cycles Fund Mr. Ashish Naik
Mr. Mayank HyankiMr. Ashish Naik Axis BSE SENSEX ETF Mr. Karthik Kumar
Mr. Ashish NaikMr. Karthik Kumar Axis Nifty IT Index Fund Mr. Hitesh Das
Mr. Karthik KumarMr. Karthik Kumar Axis BSE Sensex Index Fund Mr. Karthik Kumar
Mr. Ashish NaikMr. Karthik Kumar Axis Nifty Bank Index Fund Mr. Karthik Kumar
Mr. Ashish NaikMr. Karthik Kumar Axis Nifty 500 Index Fund Mr. Karthik Kumar
Mr. Sachin RelekarMr. Karthik Kumar Axis Nifty500 Value 50 Index Fund Mr. Karthik Kumar
Mr. Hitesh DasMr. Karthik Kumar Powered by Capital Market - Live News
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Axis Mutual Fund announces change in scheme name
Axis Mutual Fund has announced change in scheme name under the following scheme, With effect from 05 December 2024
Change in the name of the Scheme:
Existing Scheme name Revised Name Axis CRISIL-IBX AAA NBFC Index ' Jun 2027 Fund Axis CRISIL-IBX AAA Bond NBFC ' Jun 2027 Index Fund Powered by Capital Market - Live News
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Axis Mutual Fund launches Momentum fund
Axis Mutual Fund has launched the Axis Momentum Fund, a new open-ended equity scheme that aims to capitalize on the momentum investing strategy. The New Fund Offer (NFO) is open for subscription until 6 December 2024.
The fund seeks to generate long-term capital appreciation by investing in equity and equity-related securities exhibiting strong price momentum. It will be benchmarked against the NIFTY 500 TRI and managed by experienced fund managers Karthik Kumar and Mayank Hyanki.
The minimum investment amount is Rs 100, with subsequent investments in multiples of Rs 1. An exit load of 1% applies to redemptions within 12 months, excluding the first 10% of the investment.
Momentum investing, a globally recognized strategy, focuses on stocks with strong upward trends. Unlike value investing, it prioritizes price momentum over valuation metrics.
The Axis Momentum Fund employs a structured, model-based approach to select stocks with strong momentum. Historically, this strategy has outperformed benchmarks over the long term. Over the past 15 years, the strategy has outperformed its benchmark 12 times, with an average outperformance of 6.62%. On a three-year rolling return basis, it has delivered positive returns 96% of the time, with a significant edge over the benchmark in nearly 77% of instances in the last 11 years.
The fund aims to invest in a portfolio of high-performing stocks, actively managed to align with momentum trends. Up to 20% of the portfolio may be allocated outside the momentum theme based on market opportunities and strategic considerations.
The fund's active management approach enables the fund manager to control exposure to factors like sector/stock concentration, market cap skewness, liquidity risk, etc., within the portfolio. This helps manage volatility, which is traditionally higher in momentum strategies.
The fund selects stocks based on price momentum trends, optimizing the portfolio considering factors like composite rank, risk, and portfolio constraints. Stocks are screened for data availability, liquidity, and red flags before inclusion.
By incorporating a dynamic, rule-based approach, the fund actively manages risks, ensuring controlled volatility despite the inherent nature of momentum strategies.
For investors with the appropriate risk appetite and a long-term investment horizon, the Axis Momentum Fund offers an opportunity to capitalize on market trends and high-performing stocks. By combining robust data analysis with active management, the fund aims to provide consistent outperformance.
Powered by Capital Market - Live News
Fund House Details & Investment Objective
- Date of Incorporation 18-Nov-2015
- Total AUM (Cr) ₹900.84
AXIS Children's Fund - No Lock in - Dir (IDCW) is an Childrens Fund-oriented fund from the renowned AMC, Axis Mutual Fund. Launched in Nov 2015, this fund is managed by Ashish Naik. With assets under management (AUM) worth ₹900.84 (Cr), as of 24-Dec-2024, AXIS Children's Fund - No Lock in - Dir (IDCW) is categorized as a Childrens Fund within its segment. The fund has generated a return of 12.26% since its launch.
The current NAV of AXIS Children's Fund - No Lock in - Dir (IDCW) is ₹28.49, as on 24-Dec-2024. The fund’s benchmark index is NIFTY 50 Hybrid Composite Debt 65:35 Index. You can invest in AXIS Children's Fund - No Lock in - Dir (IDCW) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹100 while the minimum lumpsum investment is ₹5000.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
3:00% If redeemed/switched out upto 1 year from the date of allotment. 2:00% If redeemed/switched out after 1 year and upto 2 years from the date of allotment. 1:00% If redeemed/switched out after 2 years and upto 3 years from the date of allotment. NIL If redeemed/switched out after 3 years from the date of allotment.
The fund has generated 8.18% and 13.27% CAGR in the last 3 and 5 years respectively.
The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 72.37% in Equity, 26.67% in Debt and 0.97% in cash and cash equivalents
The top 5 sectors the fund invests in are: 27.09% in Debt, 14.43% in Banks, 6.88% in IT-Software, 6.09% in Finance and 4.72% in Pharmaceuticals & Biotech.
FAQs on AXIS Children's Fund - No Lock in - Dir (IDCW)
AXIS Children's Fund - No Lock in - Dir (IDCW) is a popular fund in the Childrens Fund segment. The fund has generated a return of 12.26% since inception. Looking to invest in AXIS Children's Fund - No Lock in - Dir (IDCW)? How about earning 1% extra return? All this is possible with m.Stock! Investing in AXIS Children's Fund - No Lock in - Dir (IDCW) is super easy and convenient with m.Stock. Here’s how you can begin:
- Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
- In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
- In the search bar, enter the fund name, in this case, AXIS Children's Fund - No Lock in - Dir (IDCW)
- On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
- If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
- If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.
So, why wait? Invest in AXIS Children's Fund - No Lock in - Dir (IDCW) today and reap the benefits of this Childrens Fund fund!
In the short term, i.e., 1 year, AXIS Children's Fund - No Lock in - Dir (IDCW) has generated annualised return of 16.90%. In the long-term, the fund has generated 8.18% and 13.27% in 3 and 5 years respectively. Since its inception, the fund has generated 12.26% returns.
The expense ratio of AXIS Children's Fund - No Lock in - Dir (IDCW) Direct Growth is 1.26%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.
The Assets Under Management (AUM) of AXIS Children's Fund - No Lock in - Dir (IDCW) is ₹900.84 (Cr) as of 24 December 2024. AUM shows the fund’s popularity and is often indicative of fund strength.
Redeeming or selling units of AXIS Children's Fund - No Lock in - Dir (IDCW) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.
To redeem from AXIS Children's Fund - No Lock in - Dir (IDCW):
- Login to your m.Stock account
- In portfolio, your mutual fund investments will be visible under ‘MF’
- Select the fund you wish to redeem from (in this case AXIS Children's Fund - No Lock in - Dir (IDCW)).
- Click on ‘Redeem’ button
- You have 2 options – redeem by units and redeem by value (you can only redeem free units)
- Select units to be redeemed and click on submit.
- Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).
Yes, you can invest both lumpsum and SIP in AXIS Children's Fund - No Lock in - Dir (IDCW). Minimum lumpsum investment AXIS Children's Fund - No Lock in - Dir (IDCW) is ₹5000 and minimum SIP amount is ₹100. Lumpsum option is ideal for investors with higher investible corpus and market experience. SIP option is recommended for retail investors who do not have the time or expertise to time the market.
The latest NAV (Net Asset Value) of AXIS Children's Fund - No Lock in - Dir (IDCW) is ₹28.49 as on 24 December 2024.
The 5 biggest stock holdings of AXIS Children's Fund - No Lock in - Dir (IDCW) are:
ICICI Bank (5.25%), HDFC Bank (5.08%), Infosys (4.12%), Reliance Industr (3.39%), M & M (2.77%)
A majority of AXIS Children's Fund - No Lock in - Dir (IDCW) 's AUM worth ₹900.84 (Cr) is invested in these 3 top sectors:
- Debt: 27.09%
- Banks: 14.43%
- IT-Software: 6.88%