Axis Children’s Gift details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
Current NAV:
NAV Compulsory Lock In Growth: Rs 24.0905
No Lock In IDCW NAV: Rs 24.0905
NAV No Lock In Growth: Rs 24.0905
Compulsory Lock In IDCW NAV: Rs 24.0905
Suitable For Which Investors?
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.
Fund’s 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.
Fund Manager:
1) Ashish Naik
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.
2) Hardik Shah
Education: Mr. Shah has done B.E. Information Technology and MBA Finance.
Experience: Prior to joining Axis Mutual Fund, he has worked with Nippon India Mutual Fund, Quantum Asset Management Company and ICAP India (P) Ltd.
3) R Sivakumar
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.
4) Jayesh Sundar
Education: Mr. Sundar is a Chartered Accountant
Investment Details
Min. Investment (Rs) | 5,000 |
Min. Addl Investment (Rs) | 100 |
Min. SIP Investment (Rs) | 1,000 |
Min. Withdrawal (Rs) | 1,000 |
Min. No of Cheques | 6 |
Min. Balance (Rs) | 1 |
Exit Load | 3% for redemption Within 365 days |
2% for redemption After 366 days and Within 730 days | |
1% for redemption After 731 days and Within 1095 days |
Basic Details of Axis Children’s Gift
Fund House | Axis Mutual Fund |
Launch Date | 08-Dec-15 |
Return Since Launch | 11.62% |
Benchmark | NIFTY 50 Hybrid Composite Debt 65:35 |
Riskometer | Very High |
Type | Open-ended |
Assets | Rs 740 Cr |
(As on 31-Oct-2023) | |
Expense | 0.88% |
(As on 31-Oct-2023) | |
Risk Grade | High |
Return Grade | Below Average |
Turnover | — |
Axis Children’s Gift Trailing Returns (%)
Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
Axis Children’s Gift Dir | 12.12 | 0.45 | 4.78 | 3.35 | 8.24 | 9.72 | 11.83 | 13.18 | 12.34 | — |
VR Balanced TRI | 15.58 | 0.36 | 7.04 | 6.29 | 11.86 | 12.66 | 15.92 | 14.47 | 14.21 | — |
Hybrid: Aggressive Hybrid | 20.08 | 0.20 | 6.22 | 5.89 | 14.51 | 17.64 | 17.85 | 15.09 | 13.87 | — |
Rank within category | 45 | 4 | 46 | 45 | 45 | 45 | 41 | 28 | — | — |
Number of funds in category | 45 | 46 | 46 | 45 | 45 | 45 | 42 | 35 | 27 | 22 |
Peer Comparison of Axis Children’s Gift
Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
Axis Children’s Gift Dir | 2 star | 9.72 | 11.83 | 13.18 | 0.88 | 740 | 11.62 | 3.00 (365) | 7Y 11M | 86.00 |
ICICI Pru Eqt & Debt Dir | 5 star | 22.70 | 27.33 | 19.98 | 1.11 | 26,183 | 17.50 | 1.00 (365) | 10Y 11M | 25.00 |
HDFC Hybrid Eqt Dir | 4 star | 14.15 | 18.58 | 15.13 | 1.08 | 20,539 | 15.41 | 1.00 (365) | 10Y 11M | 37.59 |
Canara Robeco Eqt Hybrid Dir | 4 star | 15.84 | 15.97 | 16.01 | 0.55 | 9,278 | 14.77 | 1.00 (365) | 10Y 11M | 26.00 |
HDFC Children’s Gift Dir | 5 star | 22.11 | 20.83 | 17.47 | 0.96 | 7,331 | 16.38 | — | 10Y 11M | 12.82 |
Portfolio Analysis of Axis Children’s Gift
No. of Stocks | 47 |
Top 10 Holdings | 47.97% |
Top 5 Stocks | 31.83% |
Top 3 Sectors | 37.68% |
Portfolio P/B Ratio | 4.72 |
Portfolio P/E Ratio | 30.74 |
Portfolio Breakup
Fund | Category | |
Average Mkt Cap (Rs Cr) | 1,78,216 | 1,38,367 |
Giant (%) | 65.11 | 52.93 |
Large (%) | 13.30 | 17.95 |
Mid (%) | 13.52 | 22.77 |
Small (%) | 8.07 | 7.84 |
Tiny (%) | — | 0.06 |
Fund | Category | |
Number of Securities | 61 | 72 |
Macaulay Duration (yrs) | 3.79 | 3.26 |
Average Maturity (yrs) | 5.35 | 5.05 |
Yield to Maturity (%) | 7.42 | 7.51 |
Avg Credit Rating | AAA | — |
How to Invest in Axis Children’s Gift?
Chanakya’s Mutual Fund Guidance For Axis Children’s Gift
Do not invest in this, or any other aggressive hybrid fund, if you need to redeem your investment in less than five years.
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