HDFC Childrens Gift Fund Lock in Direct Growth
Hybrid
Direct
Children
NAV as on 22-11-2024
₹ 314.32
1D
Inception Returns
16.5%
/yr
About HDFC Childrens Gift Fund Lock in Direct Growth
HDFC Childrens Gift Fund Lock in 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.
Key Parameters
- HDFC Childrens Gift Fund Lock in Direct Growth has ₹9858 Cr worth of assets under management (AUM) as on Oct 2024 and is more than category average.
- The fund has an expense ratio 0.9.
Returns
HDFC Childrens Gift Fund Lock in Direct Growth has given a CAGR return of 16.47% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 21.93%, 15.33% and 18.96% respectively.
Holdings
HDFC Childrens Gift Fund Lock in Direct Growth has allocated its funds majorly in Government, Financial Services, Industrial, Corporate, Tech, Cash Equivalent, Consumer Defensive, Energy, Health, Consumer Cyclical, Basic Materials, Communication, Utilities.
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 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).
Investment objective of HDFC Childrens Gift Fund Lock in Direct Growth
To generate capital appreciation / income from a portfolio, predominantly invested in equity & equity related instruments. There is 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 0.00 and for SIP is INR 0.00. There is a lock in period for HDFC Childrens Gift Fund Lock in Direct Growth of 5 Years
Historical NAV & Returns
HDFC Childrens Gift Fund Lock in Direct Growth Overview
| Expense ratio | 0.89% |
Benchmark | IISL Nifty 50 TR INR |
| AUM | ₹9858 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 |
Trailing Returns
as on (22-Nov-24)
Fund Distribution
as on (31-Oct-24)
- AUM of the fund stands at 9.9K Cr as of Oct'24
- AUM decreased by 183.9 Cr between Oct'24 and Sep'24
Top 3 Sectors in October were Government, Financial Services & Industrial
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 6.37% | 0% | |
 ICICI Bank Ltd | 5.89% | 0% | |
 Larsen & Toubro Ltd | 3.62% | 0% | |
 Reliance Industries Ltd | 3.36% | 0% | |
 Infosys Ltd | 3.04% | 6.2% |
Mutual Fund Insights
HDFC Childrens Gift Fund Lock in Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹9858 Cr
Expense Ratio 0.89%
Frequently Asked Questions for HDFC Childrens Gift Fund Lock in Direct Growth
HDFC Childrens Gift Fund Lock in Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -3.29% | -3.29% |
6 Month Returns | 5.41% | 5.41% |
1 Year Returns | 21.93% | 21.93% |
3 Years Returns | 53.4% | 15.33% |
5 Years Returns | 138.24% | 18.96% |
- 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.
AAA | 97.01 |
AA | 2.99 |