HDFC Children’s Gift Fund – Direct Growth

₹ 100
Min SIP
₹ 100
Min Lumpsum
0.97 %
Expense Ratio
Rating
8,499
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 22 April 2024 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 28.3% 20.2% 17.3% 16.4%
Category Average 24.2% 16.7% 15.1% -

Scheme Allocation

By Holding
By Sector
By Asset
5.78%
5.43%
Others
76.96%
View all Holdings
Holdings Sector Instrument Asset
ICICI Bank Banks Equity 5.78%
HDFC Bank Banks Equity 5.43%
Larsen & Toubro Infrastructure Developers & Operators Equity 4.36%
Reliance Industr Refineries Equity 4.34%
Volt.Transform. Capital Goods - Electrical Equipment Equity 3.13%
Infosys IT - Software Equity 2.83%
St Bk of India Banks Equity 2.66%
Bank of Baroda Banks Equity 2.33%
Sonata Software IT - Software Equity 2.33%
Finolex Cables Cables Equity 2.27%
Newgen Software IT - Software Equity 2.06%
eClerx Services IT - Software Equity 2%
ITC Tobacco Products Equity 1.97%
Kirl.Pneumatic Capital Goods-Non Electrical Equipment Equity 1.81%
Aster DM Health. Healthcare Equity 1.73%
United Spirits Alcoholic Beverages Equity 1.6%
Bharti Airtel Telecomm-Service Equity 1.42%
Apollo Tyres Tyres Equity 1.31%
Akzo Nobel Paints/Varnish Equity 1.28%
Prestige Estates Realty Equity 1.17%
Ipca Labs. Pharmaceuticals Equity 1.08%
Transport Corp. Logistics Equity 1.03%
Zensar Tech. IT - Software Equity 1.02%
Rolex Rings Castings, Forgings & Fastners Equity 0.98%
Power Grid Corpn Power Generation & Distribution Equity 0.93%
Carborundum Uni. Capital Goods-Non Electrical Equipment Equity 0.92%
Timken India Bearings Equity 0.89%
Mahindra Holiday Hotels & Restaurants Equity 0.81%
Bharat Electron Aerospace & Defence Equity 0.74%
Tega Inds. Engineering Equity 0.73%
B P C L Refineries Equity 0.71%
PNC Infratech Infrastructure Developers & Operators Equity 0.69%
Equitas Sma. Fin Banks Equity 0.52%
Axis Bank Banks Equity 0.51%
RHI Magnesita Refractories Equity 0.49%
Bajaj Finance Finance Equity 0.43%
Chola Financial Finance Equity 0.43%
Uniparts India Engineering Equity 0.35%
VST Industries Tobacco Products Equity 0.22%
SKF India Bearings Equity 0.19%
Radiant Cash Miscellaneous Equity 0.14%
GMM Pfaudler Capital Goods-Non Electrical Equipment Equity 0.08%
Doms Industries Printing & Stationery Equity 0.06%
Debt
33.12%
Banks
17%
IT-Software
8.95%
Industrial Products
6.27%
Petroleum Products
5.01%
Others
29.65%
View all Sectors
Sectors Asset
Debt 33.12%
Banks 17%
IT-Software 8.95%
Industrial Products 6.27%
Petroleum Products 5.01%
Construction 4.73%
Electrical Equipments 2.86%
Auto Components 2.62%
Commercial Services & Sup 2.31%
Healthcare Services 2.01%
Diversified FMCG 1.87%
Beverages 1.66%
Consumer Durables 1.36%
Telecom-Services 1.31%
Realty 1.17%
Industrial Manufacturing 1.16%
Aerospace & Defense 1.12%
Transport Services 1.06%
Pharmaceuticals & Biotech 1.05%
Power 0.95%
Leisure Services 0.87%
Finance 0.79%
Cash & Others 0.47%
CigaretteS & Tobacco Prod 0.22%
Household Products 0.06%
Equity
65.76%
Govt Securities / Sovereign
21.53%
Non Convertable Debenture
5.63%
Reverse Repos
5.35%
Certificate of Deposit
1.17%
Others
0.56%
View all Assets
Assets Asset
Equity 65.76%
Govt Securities / Sovereign 21.53%
Non Convertable Debenture 5.63%
Reverse Repos 5.35%
Certificate of Deposit 1.17%
Net Curr Ass/Net Receivables 0.56%

Advance Ratio

7.26
Alpha
2.55
SD
0.61
Beta
1.31
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:
6,17,677 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

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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 ₹284.6 as of 22 April 2024.

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 - 33.12%
  2. Banks - 17%
  3. IT-Software - 8.95%
  4. Industrial Products - 6.27%
  5. Petroleum Products - 5.01%

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 16.4% 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 0.97 % as of 22 April 2024.

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

The AUM of HDFC Children’s Gift Fund – Direct Growth is ₹6,17,677 Cr as of 22 April 2024

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. ICICI Bank - 5.78%
  2. HDFC Bank - 5.43%
  3. Larsen & Toubro - 4.36%
  4. Reliance Industr - 4.34%
  5. Volt.Transform. - 3.13%

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