Fund Details
HDFC Children's Gift Fund Direct Plan
| Risk | Moderately High |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 1.17% |
| NAV | ₹158.02 (25 Jan 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹4,002 Cr |
Returns
Comparison
1. 1Y Returns are higher than the category average returns
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
4. Exit load is zero
1. Risk-adjusted returns are lower compared to the category
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 6.6% |
| Reliance Industries Ltd. | Energy | Equity | 5.8% |
| Infosys Ltd. | Technology | Equity | 5.0% |
| ICICI Bank Ltd. | Financial | Equity | 4.7% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 4.6% |
| Housing Development Finance Corpn. Ltd. | Financial | NCD | 3.3% |
| Bajaj Finance Ltd. | Financial | Equity | 2.6% |
| Axis Bank Ltd. | Financial | Bonds | 2.6% |
| Shriram Transport Finance Co. Ltd. | Financial | NCD | 2.5% |
| Bank Of Baroda | Financial | NCD | 2.5% |
Fund Managers
HDFC Children's Gift Fund Direct Plan Details
HDFC Children's Gift Fund Direct Plan is a Solution Oriented Mutual Fund Scheme launched by HDFC Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Chirag Setalvad is the Current Fund Manager of HDFC Children's Gift Fund Direct Plan fund.The fund currently has an Asset Under Management(AUM) of ₹4,002 Cr and the Latest NAV as of 25 Jan 2021 is ₹158.02.
The HDFC Children's Gift Fund Direct Plan is rated Moderately High risk. Minimum SIP Investment is set to 500.
Investment Objective
The scheme seeks to generate capital appreciation / income from a portfolio of equity & equity related instruments and debt and money market instruments.
Tax Implications
If average equity holding is >65%, returns are taxed at 15% (redeemed before one year) and 10% (After 1 year as per LTCG). If average equity holding is <65%, returns are taxed as per your Income Tax slab (redeemed before 3 years) and 20% with indexation benefit (post 3 years).
