HDFC Childrens Gift Fund Lock in Direct Growth
Hybrid
Direct
Children
NAV as on 05-09-2024
₹ 322.74
▲0.2%
1D
Inception Returns
17.1%
/yr
About the Fund
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 Anil Bamboli, Chirag Setalvad. This fund gives you the benefit of diversification.
Key Parameters
- HDFC Childrens Gift Fund Lock in Direct Growth has ₹9780 Cr worth of assets under management (AUM) as on Jul 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 17.15% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 28.45%, 18.09% and 21.32% respectively.
Holdings
HDFC Childrens Gift Fund Lock in 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.
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 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 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
Fund Overview
| 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 |
Trailing Returns
as on (05-Sep-24)
Fund Distribution
as on (31-Jul-24)
- AUM of the fund stands at 9.8K Cr as of Jul'24
- AUM increased by 335.6 Cr between Jul'24 and Jun'24
Top 3 Sectors in July were Government, Industrial & Financial Services
Mutual Fund Insights
HDFC Childrens Gift Fund Lock in Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹0 Cr
Expense Ratio 0.9%
Frequently Asked Questions
HDFC Childrens Gift Fund Lock in Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 3.37% | 3.37% |
6 Month Returns | 14.04% | 14.04% |
1 Year Returns | 28.45% | 28.45% |
3 Years Returns | 64.68% | 18.09% |
5 Years Returns | 162.84% | 21.32% |
- 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 | 96.8 |
AA | 3.2 |