HDFC Childrens Gift Fund Saving Plan

HDFC Childrens Gift Fund Saving Plan is a Solution Oriented Mutual Fund Scheme launched by HDFC Mutual Fund. This scheme was made available to investors on 10 Dec 1999. The fund currently has an Asset Under Management(AUM) of ₹6,12,746 Cr and the Latest NAV as of 18 Oct 2017 is ₹44.07. The HDFC Childrens Gift Fund Saving Plan is rated Moderate risk. Minimum SIP Investment is set to ₹500. For units subject to lock-in period NIL. Exit load of 3% if units are redeemed within 1 year, 2% if redeemed within 1 and 2 year, 1% if redeemed within 2 and 3 year. ;

Investment Objective

The scheme aims at generating steady long-term returns and maintaining relatively lower levels of risk by investing around 80 to 100 percent of its assets in debt related instruments and around 0 to 20 percent in equities. Only children below 18 years of age are eligible to apply in this scheme. ;