Hybrid
Direct
Children
NAV as on 05-09-2024
₹ 322.74
1D
Inception Returns
17.1%
/yr
HDFC Childrens Gift Fund Direct Growth is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Chirag Setalvad, Anil Bamboli. This fund gives you the benefit of diversification.
HDFC Childrens Gift Fund Direct Growth has given a CAGR return of 17.13% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 28.61%, 18.02% and 21.32% respectively.
HDFC Childrens Gift Fund Direct Growth has allocated its funds majorly in Government, Industrial, Financial Services, Corporate, Tech, Cash Equivalent, Energy, Consumer Defensive, Health, Consumer Cyclical, Communication, Basic Materials, Utilities.
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 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitGains up to Rs 1 lakh are exempt from taxation (more than 12 months).
To generate capital appreciation / income from a portfolio of equity & equity related instruments and debt and money market instruments. There is no assurance that the investment objective of the Scheme will be realized.
Minimum investment for lump sum payment is INR 0.00 and for SIP is INR 0.00. There is a lock in period for HDFC Childrens Gift Fund Direct Growth of 5 Years
Expense ratio | 0.9% |
Benchmark | IISL Nifty 50 TR INR |
AUM | ₹9780 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | --/-- |
Exit Load | 0% |
Lock In | 5 Years |
TurnOver | 12.46% |
STCG | Redeeming before 1 year, returns taxed at 20%. |
LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
Risk | Very High Risk |
as on (05-Sep-24)
as on (31-Jul-24)
Top 3 Sectors in July were Government, Industrial & Financial Services
HDFC Childrens Gift Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.03% | 1.03% |
6 Month Returns | 13.6% | 13.6% |
1 Year Returns | 28.61% | 28.61% |
3 Years Returns | 64.38% | 18.02% |
5 Years Returns | 162.79% | 21.32% |
AAA | 96.8 |
AA | 3.2 |