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Expense RatioExpense Ratio | No LabelNo Label | No LabelNo Label |
---|---|---|
1.68 | — | 1.42 |
No LabelNo Label | No LabelNo Label | No LabelNo Label |
---|---|---|
1.65 | — | 1.60 |
PlanPlan | Lock inLock in | Exit LoadExit Load |
---|---|---|
Growth | 0 yrs | 0.00% |
SIP Inv.SIP Inv. | Min. LumpsumMin. Lumpsum |
---|---|
Allowed | ₹ 5,000 |
BenchmarkBenchmark |
---|
CRISIL Hybrid 35+65 - Aggressive Index |
Solution Oriented - Children's Funds invest in high-risk stocks since the objective of the fund is to create a corpus for child's education. However, the lock-n-period is relatively higher than other funds as these funds are long term in nature.
Returns
Scheme
Ratios
Mutual Fund | 1Y Returns1Y Returns | 3Y CAGR3Y CAGR | Life CAGRLife CAGR |
---|---|---|---|
LIC MF Children’s Fund | 24.57% | 13.93% | 11.44% |
SBI Magnum Children's Benefit Fund-Investment Plan | 38.04% | 22.71% | 41.74% |
ICICI Pru Child Care Fund-Gift Plan | 29.04% | 17.98% | 14.89% |
Aditya Birla SL Bal Bhavishya Yojna | 23.35% | 14.06% | 14.10% |
Actual
Target
Mar 2024
Jun 2024
Sep 2024
Oct 2024
Mar 2024
Jun 2024
Sep 2024
Oct 2024
Mar 2024
Jun 2024
Sep 2024
Oct 2024
Equity
Debt
Others
Holdings
8.99 %
Holdings
5.55 %
Holdings
3.92 %
LIC Mutual Fund was established on 20th April 1989 by LIC of India. Its current Asset under Management (AUM) surpasses Rs.14 crore.
No.of Schemes
34
Total AUM
₹ 29,629.51 Cr.
Nikhil Rungta
AUM: ₹3,123.92 Cr.
|
Exp: 12yrs
Pratik Shroff
AUM: ₹3,575.35 Cr.
|
Exp: 16yrs
Manager Performance (0)
Investment frequency
Monthly
One Time
Monthly Investment Amt. (₹)
Investment period (years)
You make
Invested period < 2 years
Gains are added to taxable income and taxed according to the individual’s income tax slab
Invested period > 2 years(Investments before 1st April 2023)
Gains are treated as long-term capital gains and taxed at 12.5%
Invested period > 2 years(Investments from 1st April 2023 redeemed till 31st March 2025)
Gains are added to taxable income and taxed according to the individual’s income tax slab
Invested period > 2 years(Investments from 1st April 2023 redeemed after 31st March 2025)
Gains are treated as long-term capital gains and taxed at 12.5%