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Unrated

LIC MF Children's Gift Fund


Hybrid: Balanced Hybrid

1 Lakh

Investment declined to
₹ 0.97 Lakh

₹ 10000

Monthly SIP Declined to
₹ 3.60 Lakh

Suitability:

When you invest for three years or above, you can expect gains that beat the inflation rate and are also higher than fixed income options. But be prepared for ups and downs in your investment value along the way.

Balanced hybrid funds invest roughly half of your money in equity shares and the rest in bonds and commodities. Their returns are lower than pure equity funds which invest all your money in shares, but they also fall less when the stock markets decline. This makes them suitable for conservative equity investors or first-time equity investors who are not used to its sharp ups and downs.

Like all equity-linked investments, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other balanced hybrid fund, if you need to redeem your investment in less than three years.

Taxability of earnings:

The tax treatment of this fund may vary depending upon its asset allocation. It will be taxed in the following manner based on its average asset allocation in the last 12 months.

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends paid by the mutual fund scheme are taxed at the rate of 10% (effectively 11.648%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund -9.08 -0.45 0.43 4.51 10.82 -9.38 -1.08 -1.07 3.06 7.01 4.71
VR Balanced TRI -8.40 -0.32 1.38 5.53 15.46 -8.98 -3.15 5.04 6.69 9.96 8.37
Hybrid: Balanced Hybrid -6.16 -0.17 0.86 3.95 9.90 -6.77 -1.92 1.44 4.76 8.39 7.44
Rank within category 8 10 10 4 6 8 6 9 7 7 8
Number of funds in category 10 10 10 10 10 10 10 10 8 8 8

As on 10-Jul-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
LIC MF Children's Gift Fund  | Invest Online
Unrated
Nov-01 -1.08 -1.07 3.06 2.42 11
ICICI Prudential Asset Allocator (FOF) Fund  | Invest Now
Unrated
Dec-03 1.64 5.74 8.51 1.22 7,327
UTI Children's Career Fund-Savings Plan - Regular Plan  | Invest Online
Unrated
Jul-93 1.05 1.51 5.36 1.78 3,426
UTI Retirement Benefit Pension Fund - Regular Plan  | Invest Online
Unrated
Dec-94 0.77 0.93 5.11 2.06 2,745
Axis Children's Gift - Regular Plan  | Invest Online
Unrated
Dec-15 2.62 5.50 -- 2.47 434

Best & Worst Performance

Best (Period) Worst (Period)
Week 19.84 (15-May-2009 - 22-May-2009) -23.55 (15-Jan-2008 - 22-Jan-2008)
Month 33.11 (11-May-2009 - 10-Jun-2009) -37.79 (24-Sep-2008 - 24-Oct-2008)
Quarter 78.04 (05-Mar-2009 - 04-Jun-2009) -47.81 (02-Sep-2008 - 02-Dec-2008)
Year 76.65 (09-Mar-2009 - 11-Mar-2010) -71.78 (14-Jan-2008 - 13-Jan-2009)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 0.30 16.22 -0.31 -0.34 0.90 -5.55
VR Balanced TRI 5.91 17.27 0.04 0.04 -- --
Hybrid: Balanced Hybrid 2.02 12.94 -0.27 -0.28 0.69 -3.70
Rank within category 9 8 6 7 8 9
Number of funds in category 10 10 10 10 10 10

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 30-Jun-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 35
Top 10 Holdings (%) 50.58
Top 5 Holdings (%) 32.50
Top 3 Sectors (%) 61.66
Portfolio P/B Ratio 4.14
Portfolio P/E Ratio 27.69

Value Research Equity Fund Style

Value Research Debt Fund Style

Credit Rating vis-à-vis Category

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Sector Allocation vis-à-vis Category

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Top Equity Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal HDFC Bank Financial 21.67 9.56 0.00 8.90
equal Kotak Mahindra Bank Financial 30.70 7.03 0.00 6.24
equal ICICI Bank Financial 24.19 8.53 0.00 6.23
equal Nestle India FMCG 80.88 6.14 0.00 5.71
equal Tata Consultancy Services Technology 26.76 5.71 0.00 5.42
equal Infosys Technology 20.49 5.80 0.00 5.35
equal Coromandel International Chemicals 20.89 3.26 0.00 3.26
equal SBI Life Insurance Company Financial 59.89 3.73 0.00 3.26
equal Sanofi India Healthcare 43.20 3.23 0.00 3.12
equal Hindustan Unilever FMCG 78.87 3.69 0.00 3.09
equal ICICI Lombard General Insurance Company Financial 47.89 2.83 0.00 2.62
equal Dabur India FMCG 58.78 4.08 0.00 2.50
equal Container Corp. Services 64.68 2.80 0.00 2.46
equal Britannia Inds. FMCG 65.40 2.42 0.00 2.36
equal Hero Motocorp Automobile 14.76 3.05 0.00 2.35
equal Kansai Nerolac Paints Chemicals 44.86 2.32 0.00 2.24
equal Petronet LNG Energy 14.72 2.29 0.00 2.22
down Reliance Industries Energy 33.24 3.79 0.00 2.22
equal Axis Bank Financial 66.70 3.77 0.00 2.14
equal Marico FMCG 43.84 1.88 0.00 1.83
equal HDFC Financial 14.98 2.62 0.00 1.53
up Pfizer Healthcare 36.76 1.29 0.00 1.29
equal Indraprastha Gas Energy 22.60 1.44 0.00 1.28
equal City Union Bank Financial 20.14 2.76 0.00 1.25
equal Tech Mahindra Technology 14.18 8.68 0.00 1.24

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 30-Jun-2020

Fund Manager

— Marzban Irani since 10-Aug-2016

Education: Mr. Irani is a B.Com (H) from Mumbai University and holds a PGDBM from Chetna's Institute of Management & Research, Mumbai.

Experience: Prior to joining LIC Mutual Fund he was associated with DSP Investment Managers (Jun 2014-Jul 2016) as VP Fixed Income, Tata Asset Management (Jun 2011-May 2014) as Senior Fund Manager Fixed Income, PNB MetLife India Insurance (Sep 2010-May 2011) as Fund Manager Fixed Income, Mirae Asset Global Investment Management India Pvt. Ltd. (Jan 2008-Jul 2010) as Fund Manager Fixed Income and Tata Asset Management Limited (Sep 2000-Nov 2007) as Fund Manager Fixed Income.

Funds Managed:

— Yogesh Patil since 05-Oct-2018

Education: Mr. Patil is an MBA (Finance).

Experience: Prior to joining LIC Mutual Fund, he has worked with Canara Robeco Mutual Fund, Sahara Mutual Fund and Religare Enterprise Limited.

Funds Managed:


-0.45%

Change from previous, NAV as on 10-Jul-2020

Growth: ₹ 16.8381


Investment Strategy

The scheme seeks to provide long term growth of capital through a judicious mix of investments mainly in quality debt securities with relatively low level of risks.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 500
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 12
Minimum Withdrawal (₹) 500
Minimum Balance (₹) --
Exit Load 0

Basic Details

Fund House: LIC Mutual Fund
Launch Date: 12-Nov-2001
Return Since Launch: 2.83%
Benchmark: CRISIL Hybrid 35+65 Aggressive
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 11 Cr (As on 30-Jun-2020)
Expense: 2.42% (As on 30-Jun-2020)
Risk Grade: --
Return Grade: --
Turnover: 10.00%

Contact Information

AMC: LIC Mutual Fund Asset Management Company Ltd

Address: Industrial Assurance Building 4th Floor, Opp. Churchgate Station Mumbai - 400020

Phone: 022-66016000 / 1800-258-5678

Fax: 022-22880633

Email: [email protected]

Website: http://www.licmf.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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Value Investing

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dateFriday, 17-Jul-2020
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