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Unrated

Axis Children's Gift - Regular Plan


1 Lakh

Investment Grown to
₹ 1.35 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.21 Lakh

Analyst's Choice?

Suitability:

When you invest for three years or above, you can expect gains that beat the inflation rate and are also higher than fixed income options. But be prepared for ups and downs in your investment value along the way.

Balanced hybrid funds invest roughly half of your money in equity shares and the rest in bonds and commodities. Their returns are lower than pure equity funds which invest all your money in shares, but they also fall less when the stock markets decline. This makes them suitable for conservative equity investors or first-time equity investors who are not used to its sharp ups and downs.

Like all equity-linked investments, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other balanced hybrid fund, if you need to redeem your investment in less than three years.

Taxability of earnings:

The tax treatment of this fund may vary depending upon its asset allocation. It will be taxed in the following manner based on its average asset allocation in the last 12 months.

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends paid by the mutual fund scheme are taxed at the rate of 10% (effectively 11.648%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 1.37 -1.40 -1.09 -0.20 3.36 12.30 17.97 10.44 -- -- --
VR Balanced TRI -0.30 0.63 -0.57 -0.72 0.98 8.85 13.08 11.35 -- -- --
Hybrid: Balanced Hybrid 0.31 -0.98 -0.65 -1.05 1.74 8.23 9.10 6.07 -- -- --
Rank within category 3 9 9 4 1 1 1 1 -- -- --
Number of funds in category 10 10 10 10 10 10 10 10 8 8 8

As on 24-Feb-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 6.48 (19-Sep-2019 - 26-Sep-2019) -4.23 (01-Oct-2018 - 09-Oct-2018)
Month 7.09 (23-Aug-2019 - 23-Sep-2019) -10.03 (07-Sep-2018 - 09-Oct-2018)
Quarter 10.64 (19-Sep-2019 - 19-Dec-2019) -11.28 (27-Jul-2018 - 26-Oct-2018)
Year 24.67 (26-Dec-2016 - 26-Dec-2017) -4.36 (29-Jan-2018 - 29-Jan-2019)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 10.64 8.98 0.55 0.63 0.74 0.33
VR Balanced TRI 11.92 10.21 0.61 0.95 -- --
Hybrid: Balanced Hybrid 6.71 7.30 0.16 0.23 0.62 -2.81
Rank within category 1 7 2 2 7 2
Number of funds in category 10 10 10 10 10 10

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-Jan-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 42
Top 10 Holdings (%) 37.27
Top 5 Holdings (%) 23.34
Top 3 Sectors (%) 42.02
Portfolio P/B Ratio 4.14
Portfolio P/E Ratio 28.76

Value Research Equity Fund Style

Value Research Debt Fund Style

Credit Rating vis-à-vis Category

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Top Debt Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal 7.90% Nirma 28/02/2020 Debenture AA 0.00 - 3.69 3.20
equal 9.08% Union Bank of India 31/12/2099 Bonds AA 2.35 - 2.71 2.35
equal 8.50% National Bank Agr. Rur. Devp Debenture AAA 0.00 - 2.50 2.23
equal 8.39% State Bank of India 25/10/2024 Bonds/Debentures AA+ 0.00 - 2.22 2.16
equal 8.50% Bank of Baroda Bonds AA 0.00 - 2.20 2.15
equal 7.17% Reliance Industries 2022 Non Convertible Debenture AAA 0.00 - 2.40 2.15
equal 7.00% Reliance Industries 31/08/2022 Non Convertible Debenture AAA 0.00 - 2.39 2.14
equal 7.05% Power Finance Corp. 15/05/2020 Debenture AAA 1.71 - 2.30 1.71
equal 8.06% Karnataka State 27/03/2029 State Development Loan SOV 0.00 - 1.29 1.12
equal 7.57% GOI 17/06/2033 GOI Securities SOV 0.00 - 2.19 1.11
equal 7.40% GOI 2035 Central Government Loan SOV 0.00 - 1.12 1.10
equal 9.20% ICICI Bank 31/12/2050 Bonds AA+ 1.09 - 3.84 1.09
equal 9.15% Coastal Gujarat Power 14/06/2021 Debenture AA 0.00 - 1.20 1.08
equal 7.47% Power Finance Corp. 16/09/2021 Bonds AAA 1.08 - 1.27 1.08
equal 9.10% Union Bank of India Bonds AA 0.53 - 0.62 0.53
equal 9.95% Syndicate Bank Debenture A+ 0.22 - 0.25 0.22
equal 9.21% Punjab National Bank Bonds A 0.00 - 0.24 0.21
equal 7.59% GOI 2026 GOI Securities SOV 0.11 - 0.13 0.11

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

Sector Allocation vis-à-vis Category

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Top Equity Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal Bajaj Finance Financial 53.00 5.96 0.83 5.58
equal Kotak Mahindra Bank Financial 36.78 5.10 3.01 4.89
equal HDFC Bank Financial 25.23 7.84 4.55 4.70
up HDFC Financial 18.18 5.82 3.28 4.63
down Tata Consultancy Services Technology 24.50 5.54 0.00 3.54
equal ICICI Bank Financial 36.13 3.23 0.00 3.11
down Reliance Industries Energy 21.12 4.08 0.00 2.86
equal Infosys Technology 20.72 3.24 0.00 2.41
equal Larsen & Toubro Construction 18.10 3.56 1.63 2.16
equal Bajaj Finserv Financial 37.59 2.99 0.00 1.99
equal Maruti Suzuki India Automobile 31.60 3.66 1.07 1.77
equal PI Industries Chemicals 45.18 1.76 0.00 1.76
equal Avenue Supermarts Services 126.67 2.20 0.00 1.74
equal Bharti Airtel Communication -- 1.69 0.00 1.69
down Astral Poly Technik Chemicals 69.63 1.65 0.00 1.60
up Interglobe Aviation Services 45.08 1.45 0.00 1.45
equal Ultratech Cement Construction 35.94 1.40 0.00 1.40
equal Hindustan Unilever FMCG 70.51 3.14 0.00 1.39
equal Bandhan Bank Financial 21.53 2.84 0.00 1.32
new Tata Steel Metals 9.24 1.40 0.00 1.31
down Titan Company Cons Durable 75.89 1.92 0.00 1.26
equal City Union Bank Financial 21.84 1.44 1.00 1.20
equal Tech Mahindra Technology 18.16 1.58 0.00 1.19
equal Neogen Chemicals Chemicals 36.58 1.18 0.00 1.18
up AIA Engineering Metals 28.25 1.15 0.00 1.15

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Jan-2020

Fund Manager

— Ashish Naik since 06-Jul-2016

Education: Mr. Naik is a B.E from Mumbai University and MBA from XLRI, Jamshedpur.

Experience: Prior to joining Axis Mutual Fund he was associated with organizations such as Goldman Sachs and has over 7 years of experience as an Equity Analyst.

Funds Managed:

— R Sivakumar since 07-Jun-2016

Education: Mr. Sivakumar is a B.Tech from IIT Madras and MBA from IIM Ahmedabad.

Experience: Prior to joining Axis AMC he has worked with BNP Paribas Mutual Fund, Sundaram Mutual Fund (2001-2004), HDFC Mutual Fund and ITC Threadneedle.

Funds Managed:


-1.40%

Change from previous, NAV as on 24-Feb-2020

Compulsory Lock In Growth: ₹ 14.5582

No Lock In Growth: ₹ 14.5566

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No Lock In Dividend: ₹ 14.5597

Compulsory Lock In Dividend: ₹ 14.5659


Investment Strategy

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.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 100
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 6
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) 1
Exit Load 3% for redemption within 365 days
2% for redemption between 366 - 730 days
1% for redemption between 731 - 1095 days

Basic Details

Fund House: Axis Mutual Fund
Launch Date: 08-Dec-2015
Return Since Launch: 9.32%
Benchmark: NIFTY 50 Hybrid Composite Debt 65:35
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 470 Cr (As on 31-Jan-2020)
Expense: 2.44% (As on 31-Jan-2020)
Risk Grade: --
Return Grade: --
Turnover: 67.00%

Contact Information

AMC: Axis Asset Management Company Ltd.

Address: "Axis House" - 1st Floor, C-2 - Wadia International Centre, Pandurang Budhkar Marg , Worli, Mumbai - 400025

Phone: 022-24255161

Fax: 022-43255199

Email: [email protected] / [email protected]

Website: www.axismf.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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