HDFC Childrens Gift Fund Direct Growth

Hybrid
Direct
Children
HDFC Childrens Gift Fund Direct Growth

About the Fund

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

Key Parameters

  1. HDFC Childrens Gift Fund Direct Growth has ₹9019 Cr worth of assets under management (AUM) as on May 2024 and is more than category average.
  2. The fund has an expense ratio 1.

Returns

HDFC Childrens Gift Fund Direct Growth has given a CAGR return of 16.97% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 29.15%, 18.83% and 18.92% respectively.

Holdings

HDFC Childrens Gift Fund Direct Growth has allocated its funds majorly in Government, Financial Services, Industrial, Cash Equivalent, Tech, Corporate, Energy, Consumer Defensive, Health, Consumer Cyclical, Communication, Real Estate, Basic Materials, 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 of equity & equity related instruments and debt and money market instruments. There is no assurance that the investment objective of the Scheme will be realized.

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

Fund Performance
zero opening, trading, fund transfer fee
61 people have invested ₹ 1.1L in HDFC Childrens Gift Fund Direct Growth in the last three months

Fund Overview

Expense ratio
Expense ratio
0.97%
Benchmark
Benchmark
IISL Nifty 50 TR INR
AUM
AUM
₹9019 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
--/--
Exit Load
Exit Load
0%
Lock In
Lock In
5 Years
TurnOver
TurnOver
4.94%

Fund Distribution
as on (31-May-24)

  • Equity 66.3%

  • Debt & Cash 33.7%

Large cap
35.6%

Small cap
26.2%

Mid cap
4.3%

Sector Allocation

May'24

Apr'24

Mar'24

Financial Services
29%
Industrial
28.1%
Tech
15.2%
Energy
7.2%
Consumer Defensive
5.6%
Health
3.9%
Consumer Cyclical
3.3%
Communication
2.2%
Real Estate
2%
Basic Materials
1.9%
Utilities
1.5%
All changes are between Oct'69 and Dec'69

Chirag Setalvad
Chirag Setalvad
Fund Manager of HDFC Childrens Gift Fund Direct Growth, since 2 April 2007
Anil Bamboli
Anil Bamboli
Fund Manager of HDFC Childrens Gift Fund Direct Growth, since 6 October 2022

Mutual Fund Insights

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In the last 1 year, ICICI Prudential Child Care Fund (Gift Plan) Direct Plan has given 44.7% return, outperforming this fund by 15.55%.
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This fund has one of the lowest expense ratio in the category (children). Its expense ratio is 0.97% which is lower than the category average expense ratio of 1.52%.
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Over the last 6 months, this fund has experienced a 16.5% growth in AUM moving from 7.74K Cr to 9.01K Cr.
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In the last 5 years, Tata Young Citizens' Fund (After 7 years) Direct Plan Growth has given 19.28% return, outperforming this fund by 0.36% per annum.
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In the last 3 years, SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth has given 32.12% return, outperforming this fund by 13.29% per annum.

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 16.97% since inception which is more than its category average return of 13.13%
Fund Allocations

Fund Allocations

This fund has an allocation of 66.34% in Equity, 26.52% in Debt and 7.14% in Cash related instruments
AUM size ₹9019 Cr

AUM size ₹9019 Cr

This fund has AUM of ₹9019 Cr which is more than its category average of ₹ 1579 Cr
Expense Ratio 0.97%

Expense Ratio 0.97%

This fund has an expense ratio of 0.97% which is less than its category average expense ratio of 1.71%

Frequently Asked Questions

The current NAV of HDFC Childrens Gift Fund Direct Growth is ₹306.1 as on 14-Jun-2024.
Existing (Absolute + CAGR) as on 14-Jun-2024.
HDFC Childrens Gift Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
6.14%
6.14%
6 Month Returns
13.06%
13.06%
1 Year Returns
29.15%
29.15%
3 Years Returns
67.78%
18.83%
5 Years Returns
137.86%
18.92%
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.
0.97% as on May 2024
₹9019 Cr as on May 2024
ICICI Bank Ltd(5.58%), HDFC Bank Ltd(5.41%), Larsen & Toubro Ltd(4.01%), Reliance Industries Ltd(3.94%), 7.1% Govt Stock 2029(3.61%) as on May 2024
Government(22.7%), Financial Services(19.25%), Industrial(18.65%) as on May 2024
AAA
96.19
AA
3.81
Chirag Setalvad, Anil Bamboli are the fund managers of HDFC Childrens Gift Fund Direct Growth
The Exit load of HDFC Childrens Gift Fund Direct Growth is 0%