LIC MF Childrens Gift Fund Direct Plan
Hybrid
Direct
Children
NAV: ₹ 33.05 as on 24-04-2024
Fund Performance
3 people have invested ₹ 3.3L in LIC MF Childrens Gift Fund Direct Plan in the last three months
Mutual Fund Insights
This fund has one of the lowest expense ratio in the category (children). Its expense ratio is 1.03% which is lower than the category average expense ratio of 1.52%.
In the last 1 year, ICICI Prudential Child Care Fund (Gift Plan) Direct Plan has given 45.56% return, outperforming this fund by 15.87%.
In the last 5 years, Tata Young Citizens' Fund (After 7 years) Direct Plan Growth has given 17.93% return, outperforming this fund by 5.1% per annum.
In the last 3 years, SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth has given 34.3% return, outperforming this fund by 20.45% per annum.
About the LIC MF Childrens Gift Fund Direct Plan
LIC MF Childrens Gift Fund Direct Plan is a hybrid fund. This fund was started on 16 January, 2013. The fund is managed by Sanjay Pawar, Karan Doshi. This fund gives you the benefit of diversification.
Key Parameters
- LIC MF Childrens Gift Fund Direct Plan has ₹15 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 1.
LIC MF Childrens Gift Fund Direct Plan Overview
 | 1.03% |
 Benchmark | CRISIL Hybrid 35+65 - Agg TR INR |
 | ₹15 Cr |
 | 16 January, 2013 |
 | ₹5000/₹1000 |
 | 0% |
 | 5 Years |
 TurnOver | 44.05% |
LIC MF Childrens Gift Fund Direct Plan Distribution as on (31-Mar-24)
Size breakup
Large cap
55.6%
Small cap
22.3%
Mid cap
7.3%
Sector Allocation
Financial Services
26.3%
Industrial
17.9%
Consumer Cyclical
15.6%
Tech
11.4%
Consumer Defensive
7.6%
Basic Materials
7.5%
Health
5.2%
Energy
4.7%
Communication
2.1%
Real Estate
1.7%
Top Holdings of LIC MF Childrens Gift Fund Direct Plan as on (31-Mar-24)
Equity Holdings44
Debt Holdings1
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Bank Ltd | 7.13% | 0% | |
 HDFC Bank Ltd | 6% | 0% | |
 Reliance Industries Ltd | 4.01% | 0% | |
 Infosys Ltd | 3.96% | 0% | |
 Larsen & Toubro Ltd | 3.21% | 0% |
See all
LIC MF Childrens Gift Fund Direct Plan: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 15.3 Cr as of Mar'24
- AUM decreased by 0.2 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
LIC MF Childrens Gift Fund Direct Plan Fund Manager
Sanjay Pawar
Fund Manager of LIC MF Childrens Gift Fund Direct Plan, since 1 January 2022
Top funds managed
Karan Doshi
Fund Manager of LIC MF Childrens Gift Fund Direct Plan, since 7 January 2021
Top funds managed
LIC MF Childrens Gift Fund Direct Plan 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 10.77% since inception which is less than its category average return of 12.19%
Fund Allocations
This fund has an allocation of 85.21% in Equity, 10.1% in Debt and 4.69% in Cash related instruments
AUM size ₹15 Cr
This fund has AUM of ₹15 Cr which is less than its category average of ₹ 1505 Cr
Expense Ratio 1.03%
This fund has an expense ratio of 1.03% which is less than its category average expense ratio of 1.68%
Frequently Asked Questions
The current NAV of LIC MF Childrens Gift Fund Direct Plan is ₹33.05 as on 24-Apr-2024.
Existing (Absolute + CAGR) as on 24-Apr-2024.
LIC MF Childrens Gift Fund Direct Plan | Absolute Returns | CAGR Returns |
1 Month Returns | 2.13% | 2.13% |
6 Month Returns | 13.05% | 13.05% |
1 Year Returns | 29.7% | 29.7% |
3 Years Returns | 47.58% | 13.85% |
5 Years Returns | 82.89% | 12.83% |
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.
1.03% as on March 2024
₹15 Cr as on March 2024
7.38% Govt Stock 2027(10.1%), ICICI Bank Ltd(7.13%), HDFC Bank Ltd(6%), Reliance Industries Ltd(4.01%), Infosys Ltd(3.96%) as on March 2024
Financial Services(22.44%), Industrial(15.28%), Consumer Cyclical(13.31%) as on March 2024
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%