Axis Children's Gift - Direct Plan

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Value Research Rating

1 star

Analyst’s Choice

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Riskometer

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Very High

₹25.1613 0.23%

As on 23-Apr-2024

Returns

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Calculate SIP Returns of Axis Children's Gift - Direct Plan

Upfront Investment

Monthly SIP Amount

Investment Duration

years

Risk info

This fund has Very High risk.

low
Low to Moderate
Moderate
Moderately High
High
Very High

As per SEBI's Riskometer.

Portfolio of Axis Children's Gift - Direct Plan

Asset Allocation

Split between different types of investments

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Market Cap Weightage

Split between categories of Equity investments

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Peer Comparison

Other details of Axis Children's Gift - Direct Plan

Assets info

₹797 Cr

Exit Load (Days) info

3.00 (365)

Min. Investment (₹)

5,000

Min. Withdrawal (₹)

1,000

Min. SIP Investment (₹)

1,000

Min. No of Cheques

6

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.

Suitability

When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.

Aggressive hybrid funds invest 65-80 per cent of your money in equity shares and the rest in bonds. Their returns are slightly lower than those of pure equity funds which invest all your money in shares, but they also fall relatively less when the stock markets decline. This makes them suitable for conservative equity investors or first-time equity investors who are not used to sharp ups and downs.

Like for 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 aggressive hybrid fund, if you need to redeem your investment in less than five years.

Taxation

Capital Gains Taxation

  • 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.

Dividend Taxation

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

FAQ for Axis Children's Gift - Direct Plan

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.

Mutual funds can be bought directly from the website of the fund house. For instance, Axis Children's Gift - Direct Plan fund can be purchased from the website of Axis Mutual Fund. You can also buy mutual funds through platforms like MF Central, MF Utility, among others. However, if you are not comfortable buying mutual funds online, you can seek help of a mutual fund distributor. Most banks also act as mutual fund distributors. So you can connect with your bank for assistance.

The NAV of Axis Children's Gift - Direct Plan is ₹25.1613 as of 24-Apr-2024.

The AUM of Axis Children's Gift - Direct Plan Fund is ₹797 Cr as of 31-Mar-2024

The riskometer level of Axis Children's Gift - Direct Plan is Very High. See More

Company Percentage of Portfolio

GOI Sec 7.18 24/07/2037

12.64

GOI Sec 7.25 12/06/2063

4.45

GOI Sec 7.30 19/06/2053

1.28

Power Finance Corporation Ltd SR 223 Debenture 7.64 22/02/2033

1.27

Mahanagar Telephone Nigam Ltd SR VIII TR C NCD 7.80 07/11/2033

1.27
See More

As of 31-Mar-2024, Axis Children's Gift - Direct Plan had invested 72.54% in Equity, 27.47% in Debt, 0.59% in Real Estate and -0.63% in Cash & Cash Eq. See More

Axis Children's Gift - Direct Plan is 8 years 4 months old. It has delivered 11.64% returns since inception. See More

1Y
3Y
5Y
7Y
10Y
Since Inception
19.00%
11.43%
12.98%
12.09%
--
11.64%

Yes, There is lock in period in Axis Children's Gift - Direct Plan.

The expense ratio of Axis Children's Gift - Direct Plan is 1.09.

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