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This Children Fund SIP Has Offered 32.08% Returns In 5 Years, Should You Invest?
If you want to invest capital into your children's future, mutual funds are the way to go. Mutual fund plans would be quite beneficial to you in ensuring the financial stability of your children's future. This children's mutual fund could be a right choice for your children's future. This fund has given good returns over the year. Check out the details and portfolio below.
LIC MF Children's Fund - Direct Plan
This Is a solution-oriented open-ended children's mutual fund by the LIC Mutual Funds with a to deliver long-term capital growth through a well-balanced mix of assets, primarily in high-quality debt instruments with minimal risks.
Fund's Assets Under Management as of 28th February 2022 is Rs 13.28 crore. Its latest declared NAV as of 17th March 2022 is Rs 25.3246. The expense ratio of the fund is 1.51%, which is higher than its category average expense ratio. It is a medium-sized fund of its category.
The minimum investment for lump sum payment is Rs 5000 and for SIP is Rs 1000. There is a lock-in period for LIC MF Children's Gift Fund Direct Plan of 5 Years It is a highly risky fund and the investment doesn't guarantee returns.
If investors are unsure if the product is right for them, they should talk to their financial advisors. This fund gives you the benefit of diversification. It has a below-average capacity to limit losses in a sinking market.
Absolute And Annualised Returns
Lump-Sum Investment Returns
| Tenure | Absolute Returns | Annualised Returns |
|---|---|---|
| 1 Year | 11.60% | 11.60% |
| 2 Year | 58.87% | 26.04% |
| 3 Year | 42.64% | 12.53% |
| 5 Year | 46.24% | 7.89% |
| Since Inception | 144.06% | 10.22% |
SIP Investment Returns
| SIP Tenure | Absolute Returns | Annualised Returns |
|---|---|---|
| 1 Year | 2.08% | 3.90% |
| 2 Year | 18.43% | 17.22% |
| 3 Year | 24.18% | 14.59% |
| 5 Year | 32.08% | 11.08% |
Portfolio
Currently, the fund has an 86.73% allocation to Indian equity and 11.54% to Debt. The 86.73% equity investment of the fund is further divided into large-cap stocks, mid-cap, and small-cap accounting for 65.12%, 9.87%, and 4.55%, respectively. The debt investments are in Government securities.
The fund's debt part has a low credit rating, meaning that the borrowers to whom it has given money are not of high quality.
The financial, technology, consumer staples, healthcare, and energy sectors make up the majority of the fund's stock holdings.
In comparison to other funds in the category, it has less exposure to the Financial and Technology industries.
ICICI Bank Ltd., Infosys Ltd., GOI, HDFC Bank Ltd., and Reliance Industries Ltd. are the fund's top five holdings.
Disclaimer
Mutual fund investments are subject to market risk. Read all scheme-related documents, and Terms and Conditions carefully before investing. The above-mentioned information is purely informational and doesn't guarantee any return. The Greynium Information Technologies and the Author are not liable for any losses caused as a result of a decision based on the article.
