LIC MF Childrens Gift Fund Direct Plan
LIC MF Childrens Gift Fund Direct Plan

LIC MF Childrens Gift Fund Direct Plan

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Hybrid
Direct
Children

NAV: ₹ 24.7 as on 23-03-2023

Fund Performance

Fund Insights

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In the last 1 year, HDFC Childrens Gift Fund Direct Plan(Lock-in) has given 10.09% return, outperforming LIC MF Childrens Gift Fund Direct Plan by 11.96%

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In the last 3 years, Tata Young Citizens' Fund (After 7 years) Direct Plan Growth has given 27.44% return, outperforming LIC MF Childrens Gift Fund Direct Plan by 10.37% per annum

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In the last 5 years, Tata Young Citizens Fund [Upto 3 years] Direct Plan Growth has given 13.12% return, outperforming LIC MF Childrens Gift Fund Direct Plan by 5.54% per annum

LIC MF Childrens Gift Fund Direct Plan Performance as on (23-Mar-23)

Return
1M
3M
6M
1Y
3Y
5Y
LIC MF Childrens Gift Fund Direct Plan
-2.3%
-5%
-4.8%
-1.9%
17.1%
7.6%
Hybrid Equity Index
-
-
-
-
-
-

About the Fund

LIC MF Childrens Gift Fund Direct Plan is a hybrid fund. This fund was started on  16 January, 2013. The fund is managed by Karan Doshi, Sanjay Pawar. This fund gives you the benefit of diversification.

Key parameters

1) LIC MF Childrens Gift Fund Direct Plan has a NAV of 24.7356 as on 23-03-2023.

2) LIC MF Childrens Gift Fund Direct Plan has 13 Cr worth of assets under management (AUM) as on 31-01-2023 and is less than category average.

3) The fund has an expense ratio 1.86 %.

LIC MF Childrens Gift Fund Direct Plan Overview

Expense ratio
Expense ratio
1.86%
Benchmark
Benchmark
CRISIL Hybrid 35+65 - Agg TR INR
AUM
AUM
₹13 Cr
Inception Date
Inception Date
16 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹1000
Exit Load
Exit Load
0%
Lock In
Lock In
5 Years
TurnOver
TurnOver
44.75%

Fund Distribution as on (28-Feb-23)

  • Equity 84.9%

  • Debt & Cash 15.1%

Size breakup

Large cap
65.8%
Small cap
10.7%
Mid cap
8.3%

Sector Allocation

Feb'23

Jan'23

Dec'22

Financial Services

36.8%

Tech

15.9%

Consumer Cyclical

12.4%

Basic Materials

12.3%

Industrial

7.4%

Consumer Defensive

6.9%

Health

4.6%

Energy

1.8%

Communication

1.8%

Top Holdings of LIC MF Childrens Gift Fund Direct Plan as on (28-Feb-23)

  • Equity

Equity Holdings52

LIC MF Childrens Gift Fund Direct Plan: Monthly Changes Updates

All changes are between Dec'22 and Feb'23

Fund Performance

Feb'23
Jan'23
Dec'22
Fund Returns
-1.34%
-2.63%
-3.49%
Hybrid Equity Index
-0.22%
-2.26%
-2.01%
  • This fund’s returns stands at -1.34% whereas the fund’s underlying benchmark Hybrid Equity Index returns stands at -0.22% as on Feb'23
  • This fund underperformed Hybrid Equity Index by 1.11% in Feb'23

AUM Change

Parameters
Feb'23
Jan'23
Dec'22
AUM
₹ 12.5 Cr
₹ 12.7 Cr
₹ 13.4 Cr
  • AUM of the fund stands at 12.5 Cr as of Feb'23
  • AUM decreased by 0.2 Cr between Feb'23 and Jan'23

Fund Portfolio Changes

Top Stocks bought last month
Infosys Ltd's allocation increased from 7.13% to 7.6%
Infosys Ltd's allocation increased from 7.13% to 7.6%
Gokaldas Exports Ltd's allocation increased from 1.11% to 1.46%
Gokaldas Exports Ltd's allocation increased from 1.11% to 1.46%
DCB Bank Ltd's allocation increased from 0.55% to 0.83%
DCB Bank Ltd's allocation increased from 0.55% to 0.83%
Top Stocks sold last month
ICICI Bank Ltd's allocation decreased from 8.59 % to 8.41 %
ICICI Bank Ltd's allocation decreased from 8.59 % to 8.41 %
Tata Consultancy Services Ltd's allocation decreased from 4.03 % to 3.96 %
Tata Consultancy Services Ltd's allocation decreased from 4.03 % to 3.96 %
State Bank of India's allocation decreased from 4.18 % to 3.96 %
State Bank of India's allocation decreased from 4.18 % to 3.96 %

Top 3 Sectors in February were Government, Financial Services & Tech

Feb'23
Government
78%
Financial Services
37%
Tech
16%
Jan'23
Government
80%
Financial Services
36%
Tech
17%

LIC MF Childrens Gift Fund Direct Plan Fund Manager

Karan Doshi

Karan Doshi

Fund Manager of LIC MF Childrens Gift Fund Direct Plan, since 7 January 2021
Sanjay Pawar

Sanjay Pawar

Fund Manager of LIC MF Childrens Gift Fund Direct Plan, since 1 January 2022

Fund 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 8.94% since inception which is less than its category average return of 11.14%
Fund Allocations

Fund Allocations

This fund has an allocation of 84.86% in Equity, 12.11% in Debt and 3.03% in Cash related instruments
AUM size ₹13 Cr

AUM size ₹13 Cr

This fund has AUM of ₹13 Cr which is less than its category average of ₹ 1253 Cr
Expense Ratio 1.86%

Expense Ratio 1.86%

This fund has an expense ratio of 1.86% which is more than its category average expense ratio of 1.79%

Frequently Asked Questions

The current NAV of LIC MF Childrens Gift Fund Direct Plan is 24.6 as on 20-Mar-2023.
Existing (Absolute + CAGR)
LIC MF Childrens Gift Fund Direct Plan
Absolute Returns
CAGR Returns
1 Month Returns
-4.13%
-4.13%
6 Month Returns
-4.63%
-4.63%
1 Year Returns
-2.47%
-2.47%
3 Years Returns
54.95%
15.72%
5 Years Returns
42.29%
7.31%
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.
1.86 as on February 2023
13 Cr as on February 2023
ICICI Bank Ltd(8.47%),Infosys Ltd(6.92%),HDFC Bank Ltd(6.35%),Axis Bank Ltd(3.86%),State Bank of India(3.8%) as on February 2023
Financial Services(31.27%),Tech(13.53%),Government(11.83%) as on February 2023
AAA
100
Sanjay Pawar,Karan Doshi are the fund managers of LIC MF Childrens Gift Fund Direct Plan
The Exit load of LIC MF Childrens Gift Fund Direct Plan is 0%

Mutual Fund execution provided by

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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.