LIC MF Childrens Gift Fund Direct Plan
Hybrid
Direct
Children
NAV: ₹ 24.7 as on 23-03-2023
Fund Performance
Fund Insights
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%
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
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)
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
 | 1.86% |
 Benchmark | CRISIL Hybrid 35+65 - Agg TR INR |
 | ₹13 Cr |
 | 16 January, 2013 |
 | ₹5000/₹1000 |
 | 0% |
 | 5 Years |
 TurnOver | 44.75% |
Fund Distribution as on (28-Feb-23)
Size breakup
Large cap
65.8%
Small cap
10.7%
Mid cap
8.3%
Sector Allocation
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 Holdings52
Holdings | Weight% | Holdings Trend | 1M Change |
|---|---|---|---|
 ICICI Bank Ltd | 8.47% | -3.5% | |
 Infosys Ltd | 6.92% | -7.6% | |
 HDFC Bank Ltd | 6.35% | 0% | |
 Axis Bank Ltd | 3.86% | 0% | |
 State Bank of India | 3.8% | 0% |
See all
LIC MF Childrens Gift Fund Direct Plan: Monthly Changes Updates
All changes are between Dec'22 and Feb'23
Fund Performance
- 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
- 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%
Gokaldas Exports Ltd's allocation increased from 1.11% to 1.46%
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 %
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 %
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%
Peer Analysis
LIC MF Childrens Gift Fund Direct Plan Fund Manager
Karan Doshi
Fund Manager of LIC MF Childrens Gift Fund Direct Plan, since 7 January 2021
Top funds managed
Sanjay Pawar
Fund Manager of LIC MF Childrens Gift Fund Direct Plan, since 1 January 2022
Top funds managed
Fund Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
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
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
This fund has AUM of ₹13 Cr which is less than its category average of ₹ 1253 Cr
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.