LIC MF Childrens Fund

• Alpha -3.81%
• Beta 1.14
• Sharpe Ratio0.44
• Std Deviation 13.96%
• Tracking Error 3.89%

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. However there can be no assurance that the investment objective of the scheme will be achieved.

The LIC MF Childrens Fund has an AUM of 15.40 crores & has delivered CAGR of 15.07% in the last 5 years. The fund has an exit load of 0.00% and an expense ratio of 2.45%. The minimum investment in LIC MF Childrens Fund is Rs 5000 and the minimum SIP is Rs 200.

As per morningstar the risk & return rating of the fund are Medium & Exceptional respectively.

The top holdings of the fund include 7.38% Govt Stock 2027, Enviro Infra Engineers, Jtl Industries & Tata Power Co.

The major sectors where the fund is invested are Regional Banks, Chemical Manufacturing, Software & Programming & Constr. - Supplies & Fixtures.

Some of the similar funds are Tata Young Citizen [After 7 years], LIC MF Childrens Fund, Axis Children's Regular Lock in Growth, SBI Magnum Children's Benefit Fund Regular Growth, Union Children's Fund Regular Growth. LIC MF Childrens Fund has a sharpe ratio of 0.44 & a standard deviation of 13.96%.