HDFC CHILDREN’S GIFT FUND is an open ended fund, for investment, for children having a lock-in for at least 5 years or till the child attains age of majority (whichever is earlier).
This fund is specially meant for building a corpus for your children's future with a lock in period of at least 5 years or till the child attains the age of majority.
65-80% of the total assets of the Scheme will be invested in equities and equity related instruments and the balance will be invested in debt and money market instruments.
The scheme aims to generate returns over the long term and aims to maintain risk under control.
The Investment objective of the scheme is to generate capital appreciation/ income from a portfolio of equity and equity related instruments and debt and money market instruments.
It is focused on building a long term corpus for your child’s future.
There is a personal accident insurance for parent / guardian of upto Rs 10 lakhs
It can be invested only in the name of a minor.
Inception Date - March 02, 2001
AUM Value – Rs 5216.99 Cr
Expense Ratio - 1.06%
Fund performance - Compound Annual Growth Rate (CAGR)
3-Year Return – 19.03
5 Year Return – 12.52
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