Axis Children's Fund - No Lock in - Direct Growth

As on 30 Nov 2024

Axis Children's Fund - No Lock in - Direct Growth

Q: What kind of returns does Axis Children's Fund - No Lock in - Direct Growth provide?

Axis Children's Fund - No Lock in - Direct Growth aims to generate capital appreciation by investing mainly in public sector undertakings (PSUs). Historically, its returns have often shown moderate to high growth rate depending on market conditions. Axis Children's Fund - No Lock in - Direct Growth had a return of 23.14% over the past 1 year.

Q: How much expense ratio is charged by Axis Children's Fund - No Lock in - Direct Growth?

The expense ratio for Axis Children's Fund - No Lock in - Direct Growth, or any other mutual fund, is the yearly fee you pay for managing your investments. As of 30 Nov 2024, the expense ratio charged by Axis Children's Fund - No Lock in - Direct Growth is typically around 2.3 %. This fee covers fund management, administrative, and other operational costs. It is relatively low compared to actively managed funds, reflecting its direct growth option.

Q: What is the AUM of Axis Children's Fund - No Lock in - Direct Growth?

As of 30 Nov 2024, the Assets Under Management (AUM) of Axis Children's Fund - No Lock in - Direct Growth is approximately ₹897.2427 crore. The AUM can fluctuate based on market conditions and investor activity. It indicates the total value of assets managed by the fund.

Q: What is the NAV of Axis Children's Fund - No Lock in - Direct Growth?

The Net Asset Value (NAV) of Axis Children's Fund - No Lock in - Direct Growth is updated daily and reflects the per-unit value of the fund's assets. As of 30 Nov 2024 , the NAV is around undefined per unit, but this value might change based on market performance and fund holdings.

Q: What is the PE and PB ratio of Axis Children's Fund - No Lock in - Direct Growth?

The PE ratio for Axis Children's Fund - No Lock in - Direct Growth is 35.97 and the PB ratio is 5.51. The PE ratio is calculated by dividing the market price by the earnings per share, whereas the PB ratio is calculated by dividing the stock price by the book value per share.

Q: What is the exit load of Axis Children's Fund - No Lock in - Direct Growth?

The exit load for Axis Children's Fund - No Lock in - Direct Growth is 0% if units are redeemed within 30 days from the date of investment. After this period, no exit load is applicable. This fee is charged to discourage short-term trading and ensure long-term investment.

Solution Oriented

NAV

₹ 29.29

CAGR (3 Years)

8.96%

AUM (Cr)

₹ 897.24

Risk

Very High Risk

About Axis Children's Fund - No Lock in - Direct Growth

To generate income by investing in debt & money market instruments along with long-term capital appreciation through investments in equity & equity related instruments.

Breakdown of this Fund

Aerospace & Defence

3.71%

Agro Chemicals

5.94%

Auto Ancillaries

4.86%

Automobile

6.81%

Banks

27.54%

Capital Goods - Electrical Equipment

3.05%

Capital Goods-Non Electrical Equipment

1.86%

Cement

0.18%

Chemicals

4.43%

Crude Oil & Natural Gas

1.10%

Debt Others

17.60%

E-Commerce/App based Aggregator

4.74%

Finance

12.28%

Financial Services

0.57%

FMCG

1.26%

Govt. Securities

35.83%

Healthcare

7.82%

Infrastructure Developers & Operators

3.32%

Infrastructure Investment Trusts

0.53%

Insurance

3.99%

IT - Software

14.41%

Mining & Mineral products

1.77%

Non Ferrous Metals

0.74%

Pharmaceuticals

9.01%

Power Generation & Distribution

1.40%

Printing & Stationery

2.05%

Readymade Garments/ Apparells

1.12%

Realty

4.93%

Refineries

8.40%

Retail

1.59%

T Bills

2.17%

Telecomm-Service

3.13%

Textiles

0.74%

Trading

1.08%

Market Capitalization

Expense Ratio, Exit Load and Tax

Expense Ratio

2.3

Exit Load

Nil

Stamp Duty

0.005% (from July 1st, 2020)

Tax Implication

Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.

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Axis Children's Fund - No Lock in - Direct Growth

About Axis Children's Fund - No Lock in - Direct Growth

Breakdown of this Fund

Market Capitalization

Expense Ratio, Exit Load and Tax

Similar Funds

Get your FAQs right

What kind of returns does Axis Children's Fund - No Lock in - Direct Growth provide?

How much expense ratio is charged by Axis Children's Fund - No Lock in - Direct Growth?

What is the AUM of Axis Children's Fund - No Lock in - Direct Growth?

As of 30 Nov 2024, the Assets Under Management (AUM) of Axis Children's Fund - No Lock in - Direct Growth is approximately ₹897.2427 crore. The AUM can fluctuate based on market conditions and investor activity. It indicates the total value of assets managed by the fund.

What is the NAV of Axis Children's Fund - No Lock in - Direct Growth?

The Net Asset Value (NAV) of Axis Children's Fund - No Lock in - Direct Growth is updated daily and reflects the per-unit value of the fund's assets. As of 30 Nov 2024 , the NAV is around undefined per unit, but this value might change based on market performance and fund holdings.

What is the PE and PB ratio of Axis Children's Fund - No Lock in - Direct Growth?

The PE ratio for Axis Children's Fund - No Lock in - Direct Growth is 35.97 and the PB ratio is 5.51. The PE ratio is calculated by dividing the market price by the earnings per share, whereas the PB ratio is calculated by dividing the stock price by the book value per share.

What is the exit load of Axis Children's Fund - No Lock in - Direct Growth?

The exit load for Axis Children's Fund - No Lock in - Direct Growth is 0% if units are redeemed within 30 days from the date of investment. After this period, no exit load is applicable. This fee is charged to discourage short-term trading and ensure long-term investment.