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HDFC Childrens Gift Saving Direct Plan+0.32%

12.81%
1 Year Return
Solution Oriented
Children's
2.0star
6M
1Y
3Y

Fund Details

HDFC Childrens Gift Saving Direct Plan

RiskModerate
Min SIP AmountNot Supported
Expense Ratio1.79%
NAV₹42.31 (30 Dec 2016)
Fund Started01 Jan 2013
Fund Size0 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
12.8%
14.7%
-
12.4%
Category Average
-
-
-
-
Rank Within Category
-
-
-
-
*All returns are annualized.
SIP
Minimum SIP amount500
Amount Per Month₹5,000
Duration
1Y back
3Y back
Would have become
0
with 12.8% returns per annum

Comparison

Data not available
Pros
Found nothing so far.
Cons
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Higher expense ratio - 1.79%

Fund Managers

HDFC Childrens Gift Saving Direct Plan Details

HDFC Childrens Gift Saving 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 Childrens Gift Saving Direct Plan fund.The fund currently has an Asset Under Management(AUM) of ₹0 Cr and the Latest NAV as of 30 Dec 2016 is ₹42.31.

The HDFC Childrens Gift Saving Direct 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.

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).

Scheme Information Document(SID)

Not Supported
Min for First Investment
Not Supported
Min for Second Investment
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.
Exit Load

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About HDFC Mutual Fund

Address
“HDFC House”, 2nd Floor, H.T. Parekh Marg, 165-166, Backbay Reclamation, Churchgate, Mumbai 400020
Phone
022 6631 6333
Launch Date
30 Jun 2000
Website
NA
HDFC Mutual Fund
Asset Management Company
Custodian
NA
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
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