This Solution-Oriented Children Fund Ticked 48.38% Returns, SIP Starts With 500

Along with teaching your children about money, you must begin preparing for their financial future. Every parent wants to offer a financially stable existence for their children, and virtually all of them have school, marriage, and other financial goals on their to-do list. Simply putting money away in a bank account may not be sufficient since investments must stay up with inflation. Here, we have covered one top rated Solution-Based Children Invetsment mutual fund with good returns.

UTI Childrens Career Fund (UTI CCF) - Investment Plan- Direct Plan-Growth

UTI CCF-Investment Plan Direct-Growth is a Solution-based Flexi-Cap mutual fund scheme from UTI Mutual Fund, an Asset Management Company. The fund was launched on 01 January 2013. As of 31 January 2022, the UTI CCF-Investment Plan Direct-Growth has Rs 617 Crores worth of assets under management. The fund's current NAV is Rs 60.3379 as of 03 March 2022. It is a medium-sized open-ended fund of its category with 24% turnover. The fund's current expense ratio of the Investment plan- direct- Growth scheme is 1.6%, which is less than its category average expense ratio. The minimum investment amount required in this fund is Rs 1,000. On risk meter, it is rated a highly risky fund for investment. Value Research has given the fund 3 stars. 

UTI Children's Career Fund-Investment Plan Direct-Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. In a falling market, the scheme's ability to manage losses is average.

The scheme's principal goal is to achieve long-term capital appreciation by investing primarily in equities and equity-related instruments of firms with a wide range of market capitalizations. However, there is no assurance or guarantee that the Scheme's investment goal will be met.

 

Returns

UTI Children's Career Fund-Investment Plan Direct-Growth performance over the last 5 years. However, the fund's average annual returns ins below the category average returns which is 14.06%.

Annualized and Absolute Returns

Tenure	Absolute Returns	Annualised Returns	Category Avg
1 Year	11.88%	11.88%	15.43%
2 Year	50.99%	22.88%	17.60%
3 Year	63.44%	17.74%	14.34%
5 Year	95.74%	14.37%	11.70%
Since Inception	234.03%	14.06%	18.49%

SIP Returns

Tenure	Absolute Returns	Annualised Returns
1 Year	0.55%	1.03%
2 Year	28.06%	25.84%
3 Year	37.94%	22.06%
5 Year	48.38%	15.79%

Portfolio and Investment

The fund's 98.79 percent are invested in Indian equities, with 47.25 percent in large-cap, 17.32 percent in mid-cap stocks, and 14.76 percent in small-cap stocks. The Financial, Technology, Services, Automobile, and Consumer Staples sectors account for the majority of the fund's holdings. It has less exposure to the Financial and Technology industries than other funds in the category. ICICI Bank Ltd., Infosys Ltd., HDFC Bank Ltd., Bharti Airtel Ltd., and Axis Bank 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.