LIC Mf Children'S Gift Fund-Direct Plan-Growth
6.35%
- 1Yr
- 3Yr
- 5Yr
- Max
Minimum investment amount
It is the smallest value amount for which an investor can purchase a mutual fund. It can vary for each mutual fund.
Mutual fund calculator
The calculator shows the investment corpus accumulated if you had started SIP or lumpsum investment in the fund for the selected period, basis the past performance.
Our mutual fund calculator has been designed to help you understand indicative returns on this fund based on past performance.
Peer comparison
To help you make informed investment decision, here is a list of other fund options in the same category with similar returns.
Expense ratio, exit load & taxation
Hereunder are applicable charges and tax obligations that may apply to you. Make sure you understand these well before you decide to invest.
1.86%
The expense ratio refers to how much of a fund's assets are used towards administrative and other operating expenses.
The expense ratio refers to how much of a fund's assets are used towards administrative and other operating expenses.
Expense ratio
Exit load – Charge applied to mutual fund redemptions before the designated investment period.
Exit load for the fund is
0%
Exit load – Charge applied to mutual fund redemptions before the designated investment period.
Exit load for the fund is
0%Exit load
Taxation
STCG: 15%
For equity component (investment < 12 months) the taxation is 15% + Surcharge@10% or 15% + 4% Health & education Cess =17.16% or 17.94%
For debt component (investment < 36 months) the taxation is as per the interest rate tax slab applicable for the investor.
For equity component (investment < 12 months) the taxation is 15% + Surcharge@10% or 15% + 4% Health & education Cess =17.16% or 17.94%
For debt component (investment < 36 months) the taxation is as per the interest rate tax slab applicable for the investor.
Equity component of the fund
LTCG: 10%
For equity component (investment > 12 months) the taxation is 10% without indexation & without foreign currency conversion benefit + Surcharge @10% or 15% + 4% Health & Education cess = 11.44% & 11.96%.
For debt component (investment > 36 months) the taxation is 20% with Indexation Benefit + Surcharge @ 10% or 15% + 4% Health & Education cess = 22.88% or 23.92%.
For equity component (investment > 12 months) the taxation is 10% without indexation & without foreign currency conversion benefit + Surcharge @10% or 15% + 4% Health & Education cess = 11.44% & 11.96%.
For debt component (investment > 36 months) the taxation is 20% with Indexation Benefit + Surcharge @ 10% or 15% + 4% Health & Education cess = 22.88% or 23.92%.
Equity component of the fund
Riskometer
Low
Moderately Low
Moderate
Moderately High
High
Very High
What it shows and how to interpret it?
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Riskometer stipulated by SEBI reflects the current risk of the scheme at a given point of time.
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The meter categorizes the schemes under different levels of risk based on the respective scheme’s asset allocation pattern.
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For each mutual fund, the risk can range from low to very high, as depicted by different colours in the riskometer.
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The graph's arrow shows the risk level associated with this fund.
About mutual fund
Scheme details
Category
hybrid: aggressive hybrid
Launch date
16 February, 2019
Fund type
Open End
Additional details
AUM
₹
13.36 Cr
Assets Under Management (AUM) is the total market value of the investments that the fund manages on behalf of the unitholders.
Assets Under Management (AUM) is the total market value of the investments that the fund manages on behalf of the unitholders.
Benchmark index
CRISIL Hybrid 35+65 Aggressive Index
It is an unmanaged group of securities which are considered as a 'benchmark' to measure a fund's/stock's performance.
It is an unmanaged group of securities which are considered as a 'benchmark' to measure a fund's/stock's performance.
Portfolio turnover
10%
It is an indicator of how quickly fund managers buy and sell the specific assets and securities within the fund in a specified period.
It is an indicator of how quickly fund managers buy and sell the specific assets and securities within the fund in a specified period.
Fund manager(s)
Every mutual fund has experienced professionals that manage your funds.
Sanjay Pawar
Managing since: 2022
Karan Doshi
Managing since: 2021
Performance ratios
Performance ratios
It is a statistical value that illustrates the average returns generated by a fund over a specified duration, such as one month, six months, one year, etc.
Alpha is the excess returns relative to market benchmark for a given amount of risk taken by the scheme.
Beta of a mutual fund scheme is the volatility of the scheme relative to its market benchmark.
It is a statistical tool that measures the deviation or dispersion of the data from the mean or average.
The sharpe ratio is a measure of an investment's return after taking into consideration all the inherent risks.
Sortino ratio is the statistical tool that measures the performance of the investment relative to the downward deviation.
What are performance ratios?
Before investing in a mutual fund, it is important to analyse its performance based on certain parameters. Here are some key ratios to help you evaluate the performance of the mutual fund. Click on the info icon to know what each parameter signifies.
