COMPARE
Axis Children's Fund - Lock in - Direct Growth vs LIC MF Children's Fund-Direct Plan-Growth
Axis Children's Fund - Lock in and LIC MF Children's Fund- are both in the Children s Fund category, from Axis Asset Management Co. Ltd. and LIC Mutual Fund Asset Management Limited respectively. Axis Children's Fund - Lock in has posted a higher 3-year rolling CAGR. Axis Children's Fund - Lock in has the lower expense ratio. See the full table and FAQ below for the complete real-data comparison.
Basics
Axis Children's Fund - Lock in has the lower direct-plan expense ratio, by 0.67 percentage points.
| Axis Children's Fund - Lock in - Direct Growth | LIC MF Children's Fund-Direct Plan-Growth | |
|---|---|---|
| Category | Children s Fund | Children s Fund |
| AMC | Axis Asset Management Co. Ltd. | LIC Mutual Fund Asset Management Limited |
| Benchmark | NIFTY 50 Hybrid Composite Debt 65:35 Index TRI | CRISIL Hybrid 35+65 - Aggressive Index |
| NAV | ₹28.9693 (2026-10-28) | ₹36.448 (2026-10-28) |
| AUM | ₹854.78 Cr | ₹15.02 Cr |
| Expense Ratio (Direct) | 1.49% | 2.16% |
| Inception | 2015-11-18 | 2001-09-26 |
Returns
Axis Children's Fund - Lock in leads on 3-year rolling CAGR (11.3% vs LIC MF Children's Fund-'s 11.1%) - see the FAQ below for percentile context within each fund's own category.
Risk Metrics
LIC MF Children's Fund- has been the more volatile of the two by standard deviation.
| Axis Children's Fund - Lock in - Direct Growth | LIC MF Children's Fund-Direct Plan-Growth | |
|---|---|---|
| 3Y Sharpe Ratio | -0.02 | -0.07 |
| 3Y Alpha | 0.9505% | -1.8656% |
| 3Y Std Deviation | 10.2345% | 14.6206% |
| 3Y Calmar Ratio | 0.56 | 0.31 |
Portfolio Analytics
LIC MF Children's Fund- carries the higher portfolio P/E ratio (a rougher proxy for how richly the underlying holdings are valued) - see the table below for the full comparison.
| Axis Children's Fund - Lock in - Direct Growth | LIC MF Children's Fund-Direct Plan-Growth | |
|---|---|---|
| P/E Ratio | 26.2071 | 38.8019 |
| P/B Ratio | 7.3534 | 15.3738 |
| Dividend Yield | 0.9361% | 0.6413% |
| Active Share | - | - |
| Portfolio Turnover | - | 79% |
| YTM | 7.7969% | - |
| Duration (Macaulay) | 4.04 yrs | - |
Punji Fund Health Score
Axis Children's Fund - Lock in 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 LIC MF Children's Fund-?
Axis Children's Fund - Lock in's 3-year rolling CAGR of 11.3% is higher than LIC MF Children's Fund-'s 11.1%. Axis Children's Fund - Lock in sits in the 36th percentile of its category on this metric, versus the 27th percentile for LIC MF Children's Fund- - 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 LIC MF Children's Fund-?
Axis Children's Fund - Lock in's direct-plan expense ratio is 0.67 percentage points lower than LIC MF Children's Fund-'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 LIC MF Children's Fund-?
By standard deviation (a measure of how much a fund's returns swing around its own average), LIC MF Children's Fund- has been more volatile than Axis Children's Fund - Lock in 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 -0.07 for LIC MF Children's 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 LIC MF Children's Fund-?
Axis Children's Fund - Lock in has ₹855 Cr in assets under management, versus ₹15 Cr for LIC MF Children's Fund-. 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 fund has a longer track record, Axis Children's Fund - Lock in or LIC MF Children's Fund-?
LIC MF Children's Fund- launched on 2001-09-26, 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.