Fund Performance
Lumpsum
SIP
7.39
as on 30 Jan 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 12,387 today.
NAV Performance
Fund Information
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₹ 23.069
as on 30 Jan 2023 -
Regular - Growth
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-
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₹ 5,000
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₹ 14 Cr.
as on 31 Dec 2021 -
2.46%
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16 Oct 2001
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Nifty 50
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LIC Mutual Fund
Show All Funds
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
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About Karan Doshi
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About Marzban Irani
Mr. 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
Top Sector Holdings of LIC Childrens Gift Fund
| Name of Sector | Holding Percentage | Holding 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 Stocks | Holding Percentage | Holding 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 Type | Holding Percentage | Holding 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 Instrument | Holding Percentage | Holding 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 Type | Holding Percentage |
|---|---|
| TREPS | 1.71% |
| Net Receivables | -0.71% |