COMPARE
Axis Children's Fund - Lock in - Direct Growth vs HDFC Childrens Fund - Direct Plan
Axis Children's Fund - Lock in and HDFC Childrens Fund are both in the Children s Fund category, from Axis Asset Management Co. Ltd. and HDFC Asset Management Company Limited respectively. HDFC Childrens Fund has posted a higher 3-year rolling CAGR. HDFC Childrens Fund has the lower expense ratio. See the full table and FAQ below for the complete real-data comparison.
Basics
HDFC Childrens Fund has the lower direct-plan expense ratio, by 0.45 percentage points.
| Axis Children's Fund - Lock in - Direct Growth | HDFC Childrens Fund - Direct Plan | |
|---|---|---|
| Category | Children s Fund | Children s Fund |
| AMC | Axis Asset Management Co. Ltd. | HDFC Asset Management Company Limited |
| Benchmark | NIFTY 50 Hybrid Composite Debt 65:35 Index TRI | NIFTY 50 Hybrid Composite Debt 65:35 Index TRI |
| NAV | ₹28.9693 (2026-10-28) | ₹310.806 (2026-10-28) |
| AUM | ₹854.78 Cr | ₹10,172.767 Cr |
| Expense Ratio (Direct) | 1.49% | 1.04% |
| Inception | 2015-11-18 | 2001-01-25 |
Returns
HDFC Childrens Fund leads on 3-year rolling CAGR (15.6% vs Axis Children's Fund - Lock in's 11.3%) - see the FAQ below for percentile context within each fund's own category.
Risk Metrics
Axis Children's Fund - Lock in has been the more volatile of the two by standard deviation.
| Axis Children's Fund - Lock in - Direct Growth | HDFC Childrens Fund - Direct Plan | |
|---|---|---|
| 3Y Sharpe Ratio | -0.02 | -0.01 |
| 3Y Alpha | 0.9505% | 0.9552% |
| 3Y Std Deviation | 10.2345% | 9.675% |
| 3Y Calmar Ratio | 0.56 | 0.56 |
Portfolio Analytics
Axis Children's Fund - Lock in carries the higher portfolio YTM.
| Axis Children's Fund - Lock in - Direct Growth | HDFC Childrens Fund - Direct Plan | |
|---|---|---|
| P/E Ratio | 26.2071 | 14.2575 |
| P/B Ratio | 7.3534 | - |
| Dividend Yield | 0.9361% | 1.1394% |
| Active Share | - | - |
| Portfolio Turnover | - | 6768.000000000001% |
| YTM | 7.7969% | 7.06% |
| Duration (Macaulay) | 4.04 yrs | 4.37 yrs |
Punji Fund Health Score
HDFC Childrens Fund has the stronger Punji Quality grade of the two.
Frequently asked questions
Which has a higher 3-year return, Axis Children's Fund - Lock in or HDFC Childrens Fund?
HDFC Childrens Fund's 3-year rolling CAGR of 15.6% is higher than Axis Children's Fund - Lock in's 11.3%. HDFC Childrens Fund sits in the 91st percentile of its category on this metric, versus the 36th percentile for Axis Children's Fund - Lock in - though note both funds may belong to different categories with different medians, so a raw CAGR comparison doesn't account for how each fund performed relative to its own peers. A higher historical return also doesn't necessarily mean lower risk; check the risk metrics below before concluding either fund is the "better" choice.
Which has a lower expense ratio, Axis Children's Fund - Lock in or HDFC Childrens Fund?
HDFC Childrens Fund's direct-plan expense ratio is 0.45 percentage points lower than Axis Children's Fund - Lock in's. Over long holding periods, a persistent expense-ratio gap compounds into a materially different final corpus even if the two funds' gross returns are similar - it's one of the few fund attributes you can compare with total certainty upfront, unlike future returns, since the fee is contractually fixed rather than a historical estimate.
Which fund carries more risk, Axis Children's Fund - Lock in or HDFC Childrens Fund?
By standard deviation (a measure of how much a fund's returns swing around its own average), Axis Children's Fund - Lock in has been more volatile than HDFC Childrens Fund over the trailing window. Standard deviation captures total volatility in both directions - up and down - so a higher figure means bigger swings generally, not necessarily bigger losses specifically. Sharpe ratio (-0.02 for Axis Children's Fund - Lock in vs -0.01 for HDFC Childrens Fund) is a better single measure of risk-adjusted return, since it weighs the return earned per unit of volatility taken rather than volatility alone.
Which has higher AUM, Axis Children's Fund - Lock in or HDFC Childrens Fund?
HDFC Childrens Fund has ₹10,173 Cr in assets under management, versus ₹855 Cr for Axis Children's Fund - Lock in. A larger AUM generally means deeper liquidity and lower per-unit fixed costs for the AMC to spread across investors, but an AUM that's very large relative to a fund's category and strategy (especially in small/mid cap categories, where the investable universe is smaller) can also make it harder for a manager to enter and exit positions without moving the price - bigger isn't automatically better, especially for less liquid categories.
Which has a higher yield to maturity (YTM), Axis Children's Fund - Lock in or HDFC Childrens Fund?
Axis Children's Fund - Lock in's portfolio YTM (7.7969%) is higher than HDFC Childrens Fund's. YTM is the weighted-average return a debt fund's current bond holdings would earn if held to maturity, assuming no defaults and coupons reinvested at the same rate - a useful forward-looking yield estimate for debt funds the way rolling CAGR is for equity funds, though it's an estimate based on today's portfolio, not a guaranteed return, and can move as bonds are bought/sold or as interest rates change.
Which has longer duration (more interest-rate sensitivity), Axis Children's Fund - Lock in or HDFC Childrens Fund?
HDFC Childrens Fund has the longer Macaulay duration of the two, meaning its NAV is more sensitive to interest-rate changes - a longer-duration debt fund tends to gain more when rates fall and lose more when rates rise, compared to a shorter-duration fund. Duration is expressed in years but isn't literally about how long you hold the fund; it's a measure of price sensitivity to rate moves. If you expect rates to fall, the longer-duration fund benefits more; if you expect rates to rise or want to minimize that swing, the shorter-duration fund is the more conservative pick.
Which fund has a longer track record, Axis Children's Fund - Lock in or HDFC Childrens Fund?
HDFC Childrens Fund launched on 2001-01-25, making it older than Axis Children's Fund - Lock in (launched 2015-11-18). A longer track record means more real market cycles (bull runs, corrections, rate cycles) the fund has actually navigated, which is useful context for judging consistency - but it isn't a guarantee of future performance, and a newer fund isn't automatically worse, especially if it's run by an experienced manager or team with a track record at a prior fund.
Data as of 2026-10-29. Source: AMFI disclosures via Punji. Not investment advice.