Axis Children's Fund - Lock in - Growth

Axis Children's Fund - Lock in - Growth is a scheme launched by Axis Mutual Fund on December 08, 2015, and falls under the Childrens fund category. It currently manages an AUM of Rs 889.89 crore. The fund permits investments with a minimum SIP of Rs 1000 and a lump sum of Rs 5000. It charges an expense ratio of 2.28% for managing the portfolio.

• Investing Strategy:

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

• Performance:

  Axis Children's Fund - Lock in - Growth trailing returns over different times are 0.9% (1 year), 10.01% (3 year) and 13.09% (5 year). The average annual return of this fund stands at 4.03%.