LIC MF Childrens Fund Direct Growth

LIC MF Childrens Fund Direct Growth

NAV as on 08-05-2025

₹ 33.34

-0.6%

1D

Inception Returns

9.9%

/yr

Historical NAV & Returns

Absolute

About LIC MF Childrens Fund Direct Growth

LIC MF Childrens Fund Direct Growth is a hybrid fund. This fund was started on 16 January, 2013. The fund is managed by Nikhil Rungta. This fund gives you the benefit of diversification.

Key Parameters

  1. LIC MF Childrens Fund Direct Growth has ₹15 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
  2. The fund has an expense ratio 1.7.

Returns

LIC MF Childrens Fund Direct Growth has given a CAGR return of 9.95% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 1.08%, 11.46% and 15.27% respectively.

Holdings

LIC MF Childrens Fund Direct Growth has allocated its funds majorly in Government, Industrial, Cash Equivalent, Basic Materials, Consumer Cyclical, Financial Services, Tech, Health, Utilities, Consumer Defensive.

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 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Long term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of LIC MF Childrens Fund Direct Growth

The primary investment objective of the scheme is to seek to generate capital appreciation & provide longterm growth opportunities by investing in a portfolio constituted of equity securities & equity related securities and the secondary objective is to generate consistent returns by investing in debt and money market securities. However there can be 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 5000.00 and for SIP is INR 200.00. There is a lock in period for LIC MF Childrens Fund Direct Growth of 5 Years

LIC MF Childrens Fund Direct Growth Overview

Expense ratio1.68%
Benchmark
CRISIL Hybrid 35+65 - Agg TR INR
AUM₹15 Cr
Inception Date16 January, 2013
Min Lumpsum/SIP₹5000/₹200
Exit Load0%
Lock In5 Years
TurnOver
26.6%
STCGSelling mutual fund 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 (08-May-25)

Period
LIC MF Childrens Fund Direct Growth
Hybrid Equity Index
1M
0.6%
-
3M
-10.3%
-
6M
-9.6%
-
1Y
1.1%
-
3Y
11.5%
-
5Y
15.3%
-

Fund Distribution

as on (31-Mar-25)

  • Equity 86.9%

  • Debt & Cash 13.2%

Small cap
45.9%

Large cap
29.1%

Mid cap
10%

Sector Allocation

Mar'25

Feb'25

Jan'25

Dec'24

Nov'24

Oct'24

Sep'24

Industrial
28.1%
Consumer Cyclical
21%
Financial Services
16.1%
Basic Materials
13.5%
Tech
6.6%
Health
6.5%
Utilities
5.3%
Consumer Defensive
2.2%
Real Estate
0.6%
All changes are between Oct'69 and Dec'69
Parameters
Mar'25
Feb'25
Jan'25
AUM
₹ 14.9 Cr
₹ 14 Cr
₹ 16.1 Cr
  • AUM of the fund stands at 14.9 Cr as of Mar'25
  • AUM increased by 0.9 Cr between Mar'25 and Feb'25
Top Stocks bought last month
JTL Industries Ltd's allocation increased from 2.17% to 2.74%
JTL Industries Ltd's allocation increased from 2.17% to 2.74%

Top 3 Sectors in March were Government, Industrial & Consumer Cyclical

Mar'25
Government
83%
Industrial
28%
Consumer Cyclical
21%
Feb'25
Government
74%
Industrial
28%
Consumer Cyclical
21%
  • Equity

  • Debt & Cash

Holdings
Weight%
1M Change
Axis Bank Ltd
Axis Bank Ltd
3.52%
0%
Tata Power Co Ltd
Tata Power Co Ltd
3.48%
0%
JTL Industries Ltd
JTL Industries Ltd
3.43%
0%
Enviro Infra Engineers Ltd
Enviro Infra Engineers Ltd
3.34%
0%
State Bank of India
State Bank of India
3.34%
16.5%
  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
LIC MF Childrens Fund Direct Growth
LIC MF Childrens Fund Direct Growth
1.08%
11.46%
15.27%
9.95%
SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth
SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth
16.79%
21.77%
-
36.44%
Axis Children's Direct Lock in Growth
Axis Children's Direct Lock in Growth
12.36%
11.24%
16.96%
11.69%
ICICI Prudential Child Care Fund (Gift Plan) Direct Plan
ICICI Prudential Child Care Fund (Gift Plan) Direct Plan
6.83%
18.82%
21.68%
14.17%
Fund
Mar'25
Feb'25
Jan'25
No of Holdings
48
48
52
Top 5 Company Concentration
20.3%
20.8%
21.2%
Company having highest exposure
Quadrant Future Tek Ltd (5.6%)
Quadrant Future Tek Ltd (5.4%)
Quadrant Future Tek Ltd (5.9%)
No of Sectors
10
10
10
Top 5 Sectors Concentration
162%
151.2%
150.8%
Sector having highest exposure
Government (83.3%)
Government (73.7%)
Government (73.2%)
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Nikhil Rungta
Nikhil Rungta
Fund Manager of LIC MF Childrens Fund Direct Growth, since 1 July 2024
Top funds managed
Fund House
LIC Mutual Fund Asset Management Limited
Total Schemes
Total AUM
₹29.68K Cr
as on 31-Mar-2025
Address
LIC Mutual Fund Asset Management Limited,4th Floor, Industrial Assurance Building,,Opp. Churchgate Station,
Phone
+91022-66016000
Website
licmfamc@licmutual.com

Mutual Fund Insights

Insights icon
In the last 5 years, HDFC Childrens Fund Direct Plan has given 23.27% return, outperforming this fund by 8% per annum.
Insights icon
In the last 3 years, SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth has given 21.81% return, outperforming this fund by 10.35% per annum.
Insights icon
Over the last 3 months, this fund has experienced a 8.6% drop in AUM moving from 16.1 Cr to 14.71 Cr.
Insights icon
In the last 1 year, SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth has given 16.99% return, outperforming this fund by 15.9%.

LIC MF Childrens 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 9.95% since inception which is less than its category average return of 11.4%
Fund Allocations

Fund Allocations

This fund has an allocation of 86.85% in Equity, 10.75% in Debt and 2.4% in Cash related instruments
AUM size ₹15 Cr

AUM size ₹15 Cr

This fund has AUM of ₹15 Cr which is less than its category average of ₹ 1696 Cr
Expense Ratio 1.68%

Expense Ratio 1.68%

This fund has an expense ratio of 1.68% which is less than its category average expense ratio of 1.71%

Frequently Asked Questions for LIC MF Childrens Fund Direct Growth

The current NAV of LIC MF Childrens Fund Direct Growth is ₹33.34 as on 08-May-2025.
Existing (Absolute + CAGR) as on 08-May-2025.
LIC MF Childrens Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.58%
0.58%
6 Month Returns
-9.62%
-9.62%
1 Year Returns
1.08%
1.08%
3 Years Returns
38.47%
11.46%
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.
1.68% as on April 2025
₹15 Cr as on April 2025
7.38% Govt Stock 2027(10.75%), Axis Bank Ltd(3.52%), Tata Power Co Ltd(3.48%), JTL Industries Ltd(3.43%), State Bank of India(3.34%) as on April 2025
Industrial(20.56%), Basic Materials(14.08%), Consumer Cyclical(13.97%) as on April 2025
AAA
100
Nikhil Rungta is the fund manager of LIC MF Childrens Fund Direct Growth
The Exit load of LIC MF Childrens Fund Direct Growth is 0%