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LIC Childrens Gift Fund

LIC Childrens Gift Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

7.39

as on 30 Jan 2023

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 12,387 today.

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NAV Performance

LIC Childrens Gift Fund performance graph for last 3 years
Performance of LIC Childrens Gift Fund for last 3 Years

Fund Information

  • ₹ 23.069

    as on 30 Jan 2023
  • Regular - Growth

  • -

  • ₹ 5,000

  • ₹ 14 Cr.

    as on 31 Dec 2021
  • 2.46%

  • 16 Oct 2001

  • Debt - Childrens Fund

  • Nifty 50

  • LIC Mutual Fund

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Highlights of this fund

LIC Childrens Gift Fund is an Open-ended Debt Fund. The fund belongs to Childrens Fund category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 16 Oct 2001. This fund is offered by one of the top AMC (Assets Management Company) LIC Mutual Fund. You can also view here all other Debt funds offered by LIC Mutual Fund.

Latest NAV of the fund is ₹ 23.069 as on 30 Jan 2023.

This fund has 21 years of track record. Since 30 Nov 2021 expense ratio of this fund is 2.46%. Ideally you shoulds compare this fund with the benchmark Nifty 50.

You can invest in this fund in SIP with the minimum investment of ₹ 1,000. Lumpsum invest is offered with minimum investment of ₹ 5,000.

Fund Objective

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.

List of Fund Managers of LIC Childrens Gift Fund

  • About Karan Doshi

    Picture of Karan  Doshi
  • About Marzban Irani

    Picture of Marzban IraniMr. Irani is a B.Com (H) from Mumbai University and holds a PGDBM from Chetna's Institute of Management & Research, Mumbai. Prior to joining LIC Mutual Fund he was associated with DSP Investment Managers (Jun 2014-Jul 2016) as VP Fixed Income, Tata Asset Management (Jun 2011-May 2014) as Senior Fund Manager Fixed Income, PNB MetLife India Insurance (Sep 2010-May 2011) as Fund Manager Fixed Income, Mirae Asset Global Investment Management India Pvt. Ltd. (Jan 2008-Jul 2010) as Fund Manager Fixed Income and Tata Asset Management Limited (Sep 2000-Nov 2007) as Fund Manager Fixed Income.

Riskometer : Risk associated with this fund

Investors understand that their principal will be at Very High Risk

Fund Return Comparison

Fund Name 1 Week 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years 1 Year 2 Years 3 Years 5 Years 10 Years
Category Best -0.43% -0.01% 0.87% 2.95% 2.52% 11.21% 10.88% 8.23% 11.93% 3.92% 6.31% 11.83% 10.13% 10.73%
Category Average -1.85% -2.57% -2.21% 0.45% -1.40% 8.46% 8.88% 7.14% 10.45% -0.68% 2.29% 8.59% 9.06% 9.59%
LIC Childrens Gift Fund -2.65%₹ 9,734 -3.11%₹ 9,688 -3.56%₹ 9,644 -0.99%₹ 9,900 -2.17%₹ 9,783 -2.14%₹ 11,860 6.74%₹ 11,395 0.90%₹ 24,225 7.39%₹ 12,387 7.30%₹ 40,211 5.44%₹ 13,031 7.75%₹ 72,977 8.31%₹ 22,223 7.33%₹ 1,75,108
SBI Magnum Children's Benefit Fund -0.43%₹ 9,957 -0.01%₹ 9,999 0.87%₹ 10,086 2.95%₹ 10,294 2.52%₹ 10,251 3.92%₹ 12,254 10.17%₹ 12,141 6.31%₹ 25,597 10.88%₹ 13,636 10.17%₹ 41,947 7.39%₹ 14,284 9.34%₹ 75,930 11.10%₹ 28,668 10.72%₹ 2,09,419
ICICI Prudential Child Care Fund (Gift Plan) -2.01%₹ 9,798 -2.91%₹ 9,709 -1.64%₹ 9,835 2.86%₹ 10,286 1.44%₹ 10,144 2.17%₹ 12,141 11.21%₹ 12,371 5.32%₹ 25,343 10.20%₹ 13,384 11.83%₹ 42,978 7.49%₹ 14,354 10.13%₹ 77,450 11.93%₹ 30,881 10.73%₹ 2,09,469
Axis Childrens Gift Fund - No LocK-in -0.98%₹ 9,902 -2.70%₹ 9,730 -3.40%₹ 9,659 -1.95%₹ 9,804 -6.66%₹ 9,333 -5.78%₹ 11,621 8.58%₹ 11,791 -0.63%₹ 23,843 9.33%₹ 13,072 7.56%₹ 40,366 8.23%₹ 14,853 9.00%₹ 75,284 - -
Absl Bal Bhavishya Yojna Wealth Plan -3.15%₹ 9,684 -4.14%₹ 9,586 -3.30%₹ 9,670 -0.60%₹ 9,939 -2.15%₹ 9,785 -1.57%₹ 11,898 5.58%₹ 11,148 -0.42%₹ 23,895 6.62%₹ 12,121 6.10%₹ 39,495 - - - -
HDFC Children's Gift Fund - - - - - - - - - - - - - -

Portfolio Holdings

Portfolio holdings pattern of LIC Childrens Gift Fund as on 01 Feb 2023 are listed below:

  • Equity Holdings:

    88.17%
  • Debt Holdings:

    10.82%
  • Others Holdings:

    1.00%

Top Sector Holdings of LIC Childrens Gift Fund

Name of SectorHolding PercentageHolding Values in Crore
Banks 23.79% ₹ 3.35 Cr.
Computers - Software 19.61% ₹ 2.77 Cr.
Insurance 4.52% ₹ .64 Cr.
Refineries/Marketing 4.09% ₹ .58 Cr.
Pharmaceuticals 3.76% ₹ .53 Cr.
Others 44.23% -

Top Stock Holdings of LIC Childrens Gift Fund

Name of StocksHolding PercentageHolding Values in Crore
Infosys Ltd. 9.35% ₹ 1.32 Cr.
ICICI Bank Ltd. 8.14% ₹ 1.15 Cr.
HDFC Bank Ltd. 6.90% ₹ .97 Cr.
Tata Consultancy Services Ltd. 4.32% ₹ .61 Cr.
Reliance Industries Ltd. 4.09% ₹ .58 Cr.
Others 67.20% -

Top Debt Instrument Type holdings of LIC Childrens Gift Fund

Instrument TypeHolding PercentageHolding Values in Crore
GOI 7.28% ₹ 1.03 Cr.
T-Bills 3.54% ₹ .50 Cr.
Others 89.18% -

Top Debt Holdings of LIC Childrens Gift Fund

Name of Debt InstrumentHolding PercentageHolding Values in Crore
Bond - Govt of India 7.28% ₹ 1.03 Cr.
Bond - T-Bill 3.54% ₹ .50 Cr.
Others 89.18%

Other Holdings

Holding TypeHolding Percentage
TREPS 1.71%
Net Receivables -0.71%