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2 star

LIC MF Children's Gift Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.55 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.83 Lakh

Suitability:

When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.

Aggressive hybrid funds invest 65-80 per cent of your money in equity shares and the rest in bonds. Their returns are slightly lower than those of pure equity funds which invest all your money in shares, but they also fall relatively less when the stock markets decline. This makes them suitable for conservative equity investors or first-time equity investors who are not used to sharp ups and downs.

Like for 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 aggressive hybrid fund, if you need to redeem your investment in less than five years.

Taxability of earnings:

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 are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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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 2.99 -0.89 -0.29 5.41 -0.20 10.51 18.60 15.79 10.11 8.82 --
VR Balanced TRI 4.78 0.25 1.49 6.77 0.08 13.68 24.46 18.11 16.30 11.98 --
Hybrid: Aggressive Hybrid 2.75 -0.93 0.22 4.63 -0.32 11.37 28.87 17.98 14.61 12.02 --
Rank within category 16 26 44 8 22 25 44 31 -- -- --
Number of funds in category 48 48 48 48 48 48 47 40 31 25 0

As on 18-Jan-2022

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 - Direct Plan  | Invest Online
2 star
Jan-13 18.60 15.79 10.11 1.51% 14
SBI Equity Hybrid Fund - Direct Plan  | Invest Online
4 star
Jan-13 24.96 18.35 15.84 0.86% 48,794
ICICI Prudential Equity & Debt Fund - Direct Plan  | Invest Now
4 star
Jan-13 43.48 21.61 16.80 1.21% 18,456
DSP Equity & Bond Fund - Direct Plan  | Invest Online
4 star
Jan-13 26.12 20.78 15.53 0.83% 7,641
Canara Robeco Equity Hybrid Fund - Direct Plan  | Invest Online
5 star
Jan-13 26.28 20.36 16.97 0.64% 7,297

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 10.00 24-Mar-2020 - 31-Mar-2020 -16.62 11-Mar-2020 - 18-Mar-2020
Month 16.88 23-Mar-2020 - 22-Apr-2020 -30.36 20-Feb-2020 - 23-Mar-2020
Quarter 25.72 23-Mar-2020 - 22-Jun-2020 -30.26 23-Dec-2019 - 23-Mar-2020
Year 64.00 23-Mar-2020 - 23-Mar-2021 -22.28 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 15.10 16.17 0.70 0.75 0.89 -0.34
VR Balanced TRI 16.94 17.88 0.74 0.86 -- --
Hybrid: Aggressive Hybrid 17.10 16.76 0.80 0.85 0.89 1.63
Rank within category 36 21 31 32 27 33
Number of funds in category 42 42 42 42 42 42

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

As on 31-Dec-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 42
Top 10 Holdings (%) 52.63
Top 5 Holdings (%) 35.99
Top 3 Sectors (%) 57.03
Portfolio P/B Ratio 4.31
Portfolio P/E Ratio 30.70
Avg Credit Rating GOI/Cash

Value Research Equity Fund Style

Value Research Debt Fund Style

Credit Rating vis-à-vis Category

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Top Debt Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal 6.84% GOI 19/12/2022 GOI Securities SOV 0.00 - 8.18 7.28
new Reserve Bank of India 91-D 20/01/2022 Treasury Bills SOV 0.00 - 3.54 3.54

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

Sector Allocation vis-à-vis Category

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Top Equity Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal Infosys Technology 36.53 9.35 4.61 9.35
equal ICICI Bank Financial 26.45 8.76 4.76 8.14
equal HDFC Bank Financial 23.35 9.56 6.80 6.90
equal Tata Consultancy Services Technology 38.48 6.88 3.89 4.32
equal Reliance Industries Energy 32.63 4.23 1.64 4.09
equal SBI Life Insurance Company Insurance 101.08 3.73 2.42 3.14
equal HCL Technologies Technology 29.56 3.02 1.04 3.02
equal Kotak Mahindra Bank Financial 37.87 7.09 2.85 2.85
equal Axis Bank Financial 22.37 3.77 2.10 2.76
equal HDFC Financial 22.77 2.96 0.00 2.71
equal Hindustan Unilever FMCG 64.66 3.69 2.06 2.59
equal State Bank of India Financial 16.07 2.24 0.00 2.07
equal Nestle India FMCG 81.31 6.14 1.83 2.04
equal Larsen & Toubro Construction 32.41 1.79 0.00 1.79
equal Coromandel International Chemicals 17.14 3.26 1.06 1.78
equal Tata Motors Automobile -- 1.65 0.00 1.65
equal Container Corporation Of India Services 53.10 2.80 1.39 1.62
equal L&T Infotech Technology 55.53 2.21 0.44 1.56
equal Dr. Reddy's Lab Healthcare 39.75 1.50 0.00 1.50
equal Dabur India FMCG 55.44 2.99 1.47 1.47
equal Kansai Nerolac Paints Chemicals 60.33 2.51 1.12 1.47
equal Alkem Laboratories Healthcare 24.58 1.84 0.00 1.45
equal Britannia Inds. FMCG 54.12 2.42 1.37 1.41
equal ICICI Lombard General Insurance Company Insurance 55.64 2.83 1.38 1.38
equal Birlasoft Technology 34.83 1.36 0.00 1.36

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 31-Dec-2021

Fund Manager

— Karan Doshi since 07-Jan-2021

Education: Mr. Doshi is a Bachelor of Engineering, MMS (Finance)

Experience: Prior to joining LIC Mutual Fund, he has worked with Subhkam Ventures Pvt. Limited as Equity Analyst.

Funds Managed:

— Sanjay Pawar since 01-Jan-2022

Education: Mr. Pawar is a B.Com, MBA

Experience: Prior to joining LIC Mutual Fund, he has worked with Taurus Mutual Fund, Edelweiss Securities Ltd., CRISIL Limited, ICAP.

Funds Managed:


-0.74%

Change from previous, NAV as on 19-Jan-2022

Growth: ₹ 26.7227


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

Min. Investment (₹) 5,000
Min. Addl Investment (₹) 500
Min. SIP Investment (₹) 1,000
Min. No of Cheques 12
Min. Withdrawal (₹) 500
Min. Balance (₹) --
Lock-in Period 5 Years
Exit Load 0

Basic Details

Fund House: LIC Mutual Fund
Launch Date: 16-Jan-2013
Return Since Launch: 11.16%
Benchmark: CRISIL Hybrid 35+65 Aggressive Index
Riskometer: Very High
Type: Open-ended
Assets: ₹ 14 Cr (As on 31-Dec-2021)
Expense: 1.51% (As on 31-Dec-2021)
Risk Grade: Average
Return Grade: Below Average
Turnover: 19.00%

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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