FAQ : LIC MF Children's Gift Fund - Growth

LIC MF Children's Gift Fund - Growth has delivered CAGR and average rolling returns as follows :

1 Year 3 Year 5 Year 9 Year
CAGR(%) 28.39 11.73 11.53 7.98
Average Rolling Returns(%) 10.21 9.61 8.10 5.67

The Current NAV of LIC MF Children's Gift Fund - Growth is ₹29.50.

It is better to invest in a fund with a longer track record as LIC MF Children's Gift Fund - Growth cannot be assessed for consistency of out-performance. Funds returns are more likely to be different than its benchmark CRISIL Hybrid 35+65 - Aggressive Index returns, as Funds portfolio is significantly different.

LIC MF Children's Gift Fund - Growth fund’s expense ratio is 2.34%

The process for redemption is

  • Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
  • You will get information about the redemption and the NAV at which redeemed.
  • The amount will be deposited in the designated bank account.

The AUM of LIC MF Children's Gift Fund - Growth is currently ₹15 Crores.

The Top three stocks are ICICI Bank, HDFC Bank and Reliance Industries and account for 17% of its portfolio. Top 5 and 10 stocks of fund account for 24% and 38% of fund’s portfolio respectively.

Top three sectors of LIC MF Children's Gift Fund - Growth fund are BFSI, Capital Goods and Others accounting for 44% of the total portfolio.

Since this is a Solution Oriented - Children's Fund it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of LIC MF Children's Gift Fund - Growth Fund is Solution Oriented - Children's Fund.

Karan Doshi and Pratik Shroff manage the LIC MF Children's Gift Fund - Growth Fund.

LIC MF Children's Gift Fund - Growth current PE ratio is 0.00 and PB ratio is 0.00

The asset allocation of LIC MF Children's Gift Fund - Growth is Stocks : 85.21%, Debt : 14.79% and Gold : 0%

The minimum SIP amount for LIC MF Children's Gift Fund - Growth is ₹1000.00 and minimum lumpsum is ₹5000.00

The exit load for LIC MF Children's Gift Fund - Growth is Nil

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