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HDFC Children's Gift Fund
By Vivek Banka
2022-08-17
2 MIN READ

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

Related Link: https://www.linkedin.com/feed/update/urn:li:activity:6965559723861442560

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