HDFC Children’s Gift Fund – Direct Growth

Solution Oriented · Childrens
100
Min SIP
100
Min Lumpsum
0.95 %
Expense Ratio
Rating
7,330
Fund Size (in Cr)
11 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 5 yrs
  • Invested Amount
    --
  • Wealth Gained
    --
  • Expected Amount
    --

Scheme Performance

Returns and Ranks ( as on 21 September 2023 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 19.1% 22.7% 15.4% 16.1%
Category Average 12.9% 21.8% 13.8% -

Scheme Allocation

By Holding
By Sector
By Asset
6.83%
4.7%
3.15%
Others
78.23%
View all Holdings
Holdings Sector Instrument Asset
HDFC Bank Banks Equity 6.83%
ICICI Bank Banks Equity 4.7%
Reliance Industr Refineries Equity 4.08%
Infosys IT - Software Equity 3.15%
Finolex Cables Cables Equity 3.01%
Larsen & Toubro Infrastructure Developers & Operators Equity 2.95%
ITC Tobacco Products Equity 2.34%
St Bk of India Banks Equity 2.3%
Volt.Transform. Capital Goods - Electrical Equipment Equity 2.2%
Sonata Software IT - Software Equity 1.96%
Kirl.Pneumatic Capital Goods-Non Electrical Equipment Equity 1.93%
Bank of Baroda Banks Equity 1.91%
Bharat Electron Electronics Equity 1.82%
Akzo Nobel Paints/Varnish Equity 1.66%
Aster DM Health. Healthcare Equity 1.63%
eClerx Services IT - Software Equity 1.59%
Rolex Rings Auto Ancillaries Equity 1.42%
United Spirits Alcoholic Beverages Equity 1.37%
Newgen Software IT - Software Equity 1.29%
Apollo Tyres Tyres Equity 1.26%
Transport Corp. Logistics Equity 1.19%
Bharti Airtel Telecomm-Service Equity 1.15%
Zensar Tech. IT - Software Equity 1.02%
Mahindra Holiday Hotels & Restaurants Equity 0.96%
Carborundum Uni. Capital Goods-Non Electrical Equipment Equity 0.96%
Oracle Fin.Serv. IT - Software Equity 0.84%
Ipca Labs. Pharmaceuticals Equity 0.77%
RHI Magnesita Refractories Equity 0.75%
UPL Agro Chemicals Equity 0.73%
Power Grid Corpn Power Generation & Distribution Equity 0.71%
Prestige Estates Realty Equity 0.7%
Tega Inds. Engineering Equity 0.68%
PNC Infratech Construction Equity 0.61%
Equitas Sma. Fin Banks Equity 0.59%
Axis Bank Banks Equity 0.55%
Bajaj Finance Finance Equity 0.49%
Uniparts India Auto Ancillaries Equity 0.48%
B P C L Refineries Equity 0.46%
Chola Financial Finance Equity 0.44%
Jio Financial Finance Equity 0.4%
Timken India Bearings Equity 0.33%
SKF India Bearings Equity 0.28%
VST Industries Tobacco Products Equity 0.26%
Radiant Cash Miscellaneous Equity 0.21%
Bikaji Foods FMCG Equity 0.19%
Debt
32.65%
Banks
17.84%
IT-Software
7.99%
Industrial Products
7.18%
Petroleum Products
4.83%
Others
29.51%
View all Sectors
Sectors Asset
Debt 32.65%
Banks 17.84%
IT-Software 7.99%
Industrial Products 7.18%
Petroleum Products 4.83%
Construction 3.57%
Auto Components 2.85%
Diversified FMCG 2.48%
Finance 2.35%
Commercial Services & Sup 1.9%
Aerospace & Defense 1.78%
Electrical Equipments 1.77%
Consumer Durables 1.58%
Healthcare Services 1.53%
Beverages 1.39%
Telecom-Services 1.19%
Industrial Manufacturing 1.19%
Transport Services 1.11%
Leisure Services 0.81%
Power 0.77%
Pharmaceuticals & Biotech 0.77%
Fertilisers & Agrochemica 0.77%
Realty 0.64%
Cash & Others 0.61%
CigaretteS & Tobacco Prod 0.27%
Food Products 0.18%
Equity
65.15%
Govt Securities / Sovereign
19.52%
Reverse Repos
6.11%
Non Convertable Debenture
6.04%
Certificate of Deposit
2.64%
Others
0.54%
View all Assets
Assets Asset
Equity 65.15%
Govt Securities / Sovereign 19.52%
Reverse Repos 6.11%
Non Convertable Debenture 6.04%
Certificate of Deposit 2.64%
Net Curr Ass/Net Receivables 0.54%

Advance Ratio

9.82
Alpha
2.89
SD
0.63
Beta
2.13
Sharpe

Exit Load

Exit Load Nil

Fund Objective

An aggressive Hybrid mutual fund strategy offered by HDFC Mutual Fund is HDFC Children’s Gift Fund. This fund was established on January 25, 2001, and has been around for 22 years.
As of December 31, 2022, HDFC Children’s Gift Fund had assets under management (AUM) totalling Rs 6,100 Crores, making it a medium-sized fund in its category. At the moment, the fund is allocated 66.00% to equity and 30.62% to debt. The fund is managed by Mr Anil Bamboli.

Pros and Cons

Pros

Cons

The fund will inculcate the saving habit in your children and make them more money responsible. The fund’s expense ratio, which stands at 0.97%, is greater than that of the majority of other aggressive hybrid funds.
It is much more tax efficient. It entails a lot of paperwork to be completed.
This fund helps you become more disciplined in planning for your child’s future financial goals.

Who should invest in the HDFC Children’s Gift Fund?

The recommended investment horizon for the HDFC Children’s Gift Fund is greater than three years. The advised investment horizon is the shortest period of time that investments in the fund should be held for the returns to become more predictable and the fund’s downside risk to be minimized.
As per SEBI’s latest guidelines to calculate risk grades in the stock market, investments under the HDFC Children’s Gift Fund come under the Very High-risk category of finances. So, only those investors who are experienced and have enough capital to be able to handle losses are advised to go for it.
Investors need to be well-versed in tax implications and market conditions. Considering that the market is dynamic, asset allocation to equities may rise or fall based on the current market and economic conditions. As a result, depending on the provided fund’s asset allocation, its tax treatment will change.

Benefits

● It is a very large and diverse fund. The asset allocation of the fund comprises approximately 66.87% in equities, 25.37% in debts and 7.76% in cash or equivalents. While the top 10 equity holdings constitute around 34% of the assets, the top 3 sectors constitute around 39.71% of the assets.
● In the past year, the HDFC Children’s Gift Fund has returned 5.71%. It has produced average yearly returns of 15.86% since the start. Every three years, the investment has doubled thanks to the fund. It can be concluded that this fund is profitable.
● Consistent return delivery is a strength shared by the majority of funds in this category, including the HDFC Children’s Gift Fund programme. In a down market, it has an above-average capacity to limit losses. This immensely benefits the investors.
● Investments in the financial, capital goods, technology, energy, and services sectors make up the majority of the fund’s stock holdings. Investors are not only guaranteed high returns, but the returns are from the best areas.
● ICICI Bank Ltd., Infosys Ltd., Reliance Industries Ltd., HDFC Bank Ltd., and GOI are the top 5 holdings of the fund. Suffice it to say; the fund is well-backed and definitely lucrative.

Fund Managers

Chirag Setalvad - Fund Management and Equity Research - Fund Manager

Mr Setalvad is one of the top Equity fund managers of HDFC mutual fund, managing the AUM of ₹63,256 Cr under 9 different schemes. He has over 22 years of experience collectively, of which 18 years of experience is in Fund Management and Equity Research and 3 years in investment banking.

Risk-O-Meter

Peer Comparison

Fund Name

AMC Contact Details

HDFC Mutual Fund
AUM:
4,89,893 Cr
Address:
HDFC House, 2nd Flr, H.T.Parekh Marg, 165-166, Backbay Reclamation, Churchgate, Mumbai - 400 020.
Contact:
022 - 6631 6333
Email ID:
cliser@hdfcfund.com

Frequently Asked Questions

How to invest in HDFC Children’s Gift Fund – Direct Growth ?

You can invest in HDFC Children’s Gift Fund – Direct Growth in a quick and simple process. Follow the below steps;
  • Login to your 5paisa account, Go to the Mutual Funds section.
  • Search for HDFC Children’s Gift Fund – Direct Growth in the search box.
  • Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"

What is the NAV of HDFC Children’s Gift Fund – Direct Growth ?

The NAV of HDFC Children’s Gift Fund – Direct Growth is ₹250.4 as of 21 September 2023.

How to redeem HDFC Children’s Gift Fund – Direct Growth holding ?

You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.

What is the minimum sip amount of HDFC Children’s Gift Fund – Direct Growth?

The minimum SIP amount of HDFC Children’s Gift Fund – Direct Growth is ₹100

What are the top sectors HDFC Children’s Gift Fund – Direct Growth has invested in?

The top sectors HDFC Children’s Gift Fund – Direct Growth has invested in are
  1. Debt - 32.65%
  2. Banks - 17.84%
  3. IT-Software - 7.99%
  4. Industrial Products - 7.18%
  5. Petroleum Products - 4.83%

Can I make investments in both the SIP and Lump Sum schemes of HDFC Children’s Gift Fund – Direct Growth?

Yes, You can select both SIP or Lumpsum investment of HDFC Children’s Gift Fund – Direct Growth based on your investment objective and risk tolerance.

How much returns have HDFC Children’s Gift Fund – Direct Growth generated ?

The HDFC Children’s Gift Fund – Direct Growth has delivered 16.1% since inception

What is the expense ratio of HDFC Children’s Gift Fund – Direct Growth ?

The expense ratio of HDFC Children’s Gift Fund – Direct Growth is 0.95 % as of 21 September 2023.

What is the AUM of HDFC Children’s Gift Fund – Direct Growth?

The AUM of HDFC Children’s Gift Fund – Direct Growth is ₹4,89,893 Cr as of 21 September 2023

What are the top stock holdings of HDFC Children’s Gift Fund – Direct Growth?

The top stock holdings of HDFC Children’s Gift Fund – Direct Growth are
  1. HDFC Bank - 6.83%
  2. ICICI Bank - 4.7%
  3. Reliance Industr - 4.08%
  4. Infosys - 3.15%
  5. Finolex Cables - 3.01%

How can I redeem my investments in HDFC Children’s Gift Fund – Direct Growth?

Step 1: Visit the fund house's website
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select HDFC Children’s Gift Fund – Direct Growth in Scheme, enter the redemption amount, and click on submit button.

Is there any lock-in period for HDFC Children's Gift Fund - Direct Growth?

Yes, there is lock-in period for HDFC Children’s Gift Fund – Direct Growth.

Invest Now