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Business News/Market/Market Stats/    LIC MF Childrens Gift Fund

LIC MF Childrens Gift Fund

+
  • Solutions Oriented
  • Children
  • Rating 2
  • Plan
30.75 +0.07 (0.23%) NAV as on 24 May, 2024
  • 5D
  • 1M
  • 6M
  • 1Y
  • 5Y
  • MAX

Key Metrics

  • AUM (in Cr)15.71
  • CAGR 26.42%
  • Exit Load0.00%
  • Expense ratio2.46%
  • CategorySolutions Oriented
  • Min Investment5000
  • Min SIP1000
  • Launch Date2001-11-21

Morning Star Rating 2

Moderate
Risk
High
Return

Asset Allocation

Holdings As On - 26 May 2024

  • Name
  • Value (Cr)
  • Holding %
  • 7.38% Govt Stock 2027
  • 1.55
  • 9.85%
  • Treps
  • 0.68
  • 4.30%
View More

Risk & Volitility

  • Alpha -3.81%
  • Beta 1.14
  • Sharpe Ratio0.74
  • Std Deviation 10.62%
  • Tracking Error 3.89%

About Fund

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 Gift Fund has an AUM of 15.71 crores & has delivered CAGR of 12.48% in the last 5 years. The fund has an exit load of 0.00% and an expense ratio of 2.46%. The minimum investment in LIC MF Childrens Gift Fund is Rs 5000 and the minimum SIP is Rs 1000.

 

As per morningstar the risk & return rating of the fund are Moderate & High respectively.

 

The top holdings of the fund include 7.38% Govt Stock 2027, ICICI Bank, HDFC Bank & Treps.

 

The major sectors where the fund is invested are Regional Banks, Software & Programming, Construction Services & Chemical Manufacturing.

 

Some of the similar funds are Tata Young Citizen [After 7 years], LIC MF Childrens Gift Fund, Axis Children's Gift Regular No Lock in Growth, SBI Magnum Children's Benefit Fund Regular Growth, Union Children's Fund Regular Growth. LIC MF Childrens Gift Fund has a sharpe ratio of 0.74 & a standard deviation of 10.62%.

FAQs about LIC MF Childrens Gift Fund

According to the morning star rating LIC MF Childrens Gift Fund has a Moderate risk & High return.
LIC MF Childrens Gift Fund is managed by Karan Doshi,Pratik Shroff.
The expense ratio of LIC MF Childrens Gift Fund is 2.46%.
The 5 year annualized return on LIC MF Childrens Gift Fund is 12.48% & it has generated 26.42% in the last 1 year.
The minimum investment in LIC MF Childrens Gift Fund is 5000 Rs.
LIC MF Childrens Gift Fund has an AUM of 15.71 crores.
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