This Children Fund SIP Offered 46.64% Returns in 5 Year, SIP Starts With Rs 500

When securing you child's future, investment is must. Both mutual funds firms and life insurers provide investment options for long-term goals such as retirement, children's further education, or weddings. Children's funds and retirement funds are categorized as solution-oriented funds in mutual funds. Children's funds are a good investment option to secure your child's future. Here, we have highlighted a children's fund from the house of Tata Mutual Fund. Check Fund's details below.

Tata Young Citizens Fund - Direct Plan-Growth

Tata Young Citizens Direct is a Tata Mutual Fund Flexi-cap solution-oriented Children's fund that was introduced on January 1, 2013. It is a medium-sized open-ended open-ended open-ended open-ended open-ended open-ended open-ended open-ended open- As of 31 January 2021, Tata Young Citizens Direct has an AUM of Rs 270 crores. Fund's latest NAV is RS 42.4169 as of February 28, 2022. The cost ratio of the fund is 2.03 percent, which is higher than the category average of 1.3 percent.

The scheme's investment aim is to offer long-term capital growth and consistent capital appreciation to its unitholders while emphasizing the significance of capital preservation at all times. The fund's Direct-Growth plan has a track record of providing consistent returns that is equivalent to that of other products in its category.

Returns and Performance

The fund has given 18.02% annual returns in the last 1-year, compared to the category average below. However, in 2 and 3 years it has gained returns and outperformed the category average. In 5-years, its returns are parallel to its category average in the same period. Since launch, it has delivered 12.09% average annual returns, which is below the category average annual returns. It has an above-average capacity to control losses in a sinking market.

Annualised and Absolute Returns

Period	Absolute Returns	Annualised Returns	Category Avg
1 Year	18.13%	18.02%	19.16%
2 Year	57.50%	25.46%	18.40%
3 Year	66.11%	18.41%	14.81%
5 Year	75.43%	11.89%	11.86%
Since Inception	184.45%	12.09%	18.64%

SIP Returns

Period	Absolute Returns	Annualised Returns
1 Year	2.70%	4.99%
2 Year	29.24%	26.71%
3 Year	38.47%	22.25%
5 Year	46.64%	15.27%

Portfolio

The fund invests 99.13% of its assets in Indian stocks, with 58.81% in big-cap stocks, 16.7% in mid-cap stocks, and 14.59 percent in small-cap equities. The financial, technology, consumer staples, energy, and healthcare sectors account for the majority of the fund's equity investments. When compared to other funds in the category, it has less exposure to the Financial and Technology sectors. ICICI Bank Ltd., Reliance Industries Ltd., Infosys Ltd., HDFC Bank Ltd., and Tata Consultancy Services Ltd. are the top five holdings of the fund.

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.