HDFC Childrens Gift Fund Direct Growth

HDFC Childrens Gift Fund Direct Growth

Hybrid

Direct

Children

NAV as on 02-12-2024

₹ 322.83

0.6%

1D

Inception Returns

16.8%

/yr

About HDFC Childrens Gift Fund Direct Growth

HDFC Childrens Gift Fund Direct Growth is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Anil Bamboli, Chirag Setalvad. This fund gives you the benefit of diversification.

Key Parameters

  1. HDFC Childrens Gift Fund Direct Growth has ₹9858 Cr worth of assets under management (AUM) as on Oct 2024 and is more than category average.
  2. The fund has an expense ratio 0.9.

Returns

HDFC Childrens Gift Fund Direct Growth has given a CAGR return of 16.77% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 24.89%, 18.03% and 19.62% respectively.

Holdings

HDFC Childrens Gift Fund Direct Growth has allocated its funds majorly in Government, Financial Services, Industrial, Corporate, Tech, Cash Equivalent, Consumer Defensive, Energy, Health, Consumer Cyclical, Basic Materials, Communication, Utilities.

Taxation

As it is a children mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of HDFC Childrens Gift Fund Direct Growth

To generate capital appreciation / income from a portfolio, predominantly invested in equity & equity related instruments. There is no assurance that the investment objective of the Scheme will be achieved.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 0.00 and for SIP is INR 0.00. There is a lock in period for HDFC Childrens Gift Fund Direct Growth of 5 Years

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
77 people have invested ₹ 1.6L in HDFC Childrens Gift Fund Direct Growth in the last three months

HDFC Childrens Gift Fund Direct Growth Overview

Expense ratio0.89%
Benchmark
IISL Nifty 50 TR INR
AUM₹9858 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP--/--
Exit Load0%
Lock In5 Years
TurnOver
12.46%
STCGRedeeming before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (02-Dec-24)

Period
HDFC Childrens Gift Fund Direct Growth
Hybrid Equity Index
1M
1.4%
-
3M
0.3%
-
6M
8.5%
-
1Y
24.9%
-
3Y
18%
-
5Y
19.6%
-

Fund Distribution

as on (31-Oct-24)

  • Equity 65.4%

  • Debt & Cash 34.6%

Large cap
36.4%

Small cap
25.7%

Mid cap
2.4%

Sector Allocation

Oct'24

Sep'24

Aug'24

Financial Services
31.3%
Industrial
27.1%
Tech
13.7%
Consumer Defensive
6.2%
Energy
6.1%
Health
4.4%
Consumer Cyclical
4.3%
Basic Materials
3.1%
Communication
2.5%
Utilities
1.4%
All changes are between Oct'69 and Dec'69
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 9.9K Cr
₹ 10K Cr
₹ 9.9K Cr
  • AUM of the fund stands at 9.9K Cr as of Oct'24
  • AUM decreased by 183.9 Cr between Oct'24 and Sep'24

Top 3 Sectors in October were Government, Financial Services & Industrial

Oct'24
Government
71%
Financial Services
31%
Industrial
27%
Sep'24
Government
70%
Financial Services
31%
Industrial
28%
Fund
Oct'24
Sep'24
Aug'24
No of Holdings
83
80
78
Top 5 Company Concentration
22.3%
22.4%
22.1%
Company having highest exposure
HDFC Bank Ltd (6.4%)
HDFC Bank Ltd (6.2%)
ICICI Bank Ltd (5.6%)
No of Sectors
12
12
12
Top 5 Sectors Concentration
165.2%
163.9%
163.5%
Sector having highest exposure
Government (71.2%)
Government (69.9%)
Government (72.3%)
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Anil Bamboli
Anil Bamboli
Fund Manager of HDFC Childrens Gift Fund Direct Growth, since 6 October 2022
Chirag Setalvad
Chirag Setalvad
Fund Manager of HDFC Childrens Gift Fund Direct Growth, since 2 April 2007
Fund House
HDFC Asset Management Co Ltd
Total Schemes
Total AUM
₹8.1L Cr
as on 31-Oct-2024
Address
HDFC Asset Management Company Limited,“HUL House”, 2nd Floor,,H.T. Parekh Marg,165-166, Backbay Reclamation,,Churchgate,
Phone
+912266316333
Website
cliser@hdfcfund.com

Mutual Fund Insights

Insights icon
This fund has one of the lowest expense ratio in the category (children). Its expense ratio is 0.89% which is lower than the category average expense ratio of 1.48%.
Insights icon
In the last 5 years, this fund has outperformed all funds in its category.
Insights icon
In the last 3 years, SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth has given 22.71% return, outperforming this fund by 4.68% per annum.
Insights icon
In the last 1 year, SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth has given 38.04% return, outperforming this fund by 13.15%.

HDFC Childrens Gift Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 16.77% since inception which is more than its category average return of 13.42%
Fund Allocations

Fund Allocations

This fund has an allocation of 65.39% in Equity, 32.25% in Debt and 2.35% in Cash related instruments
AUM size ₹9858 Cr

AUM size ₹9858 Cr

This fund has AUM of ₹9858 Cr which is more than its category average of ₹ 1721 Cr
Expense Ratio 0.89%

Expense Ratio 0.89%

This fund has an expense ratio of 0.89% which is less than its category average expense ratio of 1.7%

Frequently Asked Questions for HDFC Childrens Gift Fund Direct Growth

The current NAV of HDFC Childrens Gift Fund Direct Growth is ₹322.83 as on 02-Dec-2024.
Existing (Absolute + CAGR) as on 02-Dec-2024.
HDFC Childrens Gift Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
1.42%
1.42%
6 Month Returns
8.55%
8.55%
1 Year Returns
24.89%
24.89%
3 Years Returns
64.42%
18.03%
5 Years Returns
144.88%
19.62%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.89% as on November 2024
₹9858 Cr as on November 2024
HDFC Bank Ltd(6.37%), ICICI Bank Ltd(5.89%), 7.18% Govt Stock 2033(4.76%), Larsen & Toubro Ltd(3.62%), Reliance Industries Ltd(3.36%) as on November 2024
Government(24.63%), Financial Services(20.44%), Industrial(17.7%) as on November 2024
AAA
97.01
AA
2.99
Anil Bamboli, Chirag Setalvad are the fund managers of HDFC Childrens Gift Fund Direct Growth
The Exit load of HDFC Childrens Gift Fund Direct Growth is 0%