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LIC MF Children’s Fund

Growth
OtherSolution Oriented - Children's Fund
Small-size FundAssets Under Mgmt: ₹ 16 Cr
Very High RiskPrinciple investment will be at very high risk
38.051.51% (-0.58)

Price Chart

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Returns
0.00%
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OtherSolution Oriented - Children's Fund
Small-size FundAssets Under Mgmt: ₹ 16 Cr
Very High RiskPrinciple investment will be at very high risk

Key Metrics

Expense RatioExpense RatioNo LabelNo LabelNo LabelNo Label
1.681.22
No LabelNo LabelNo LabelNo LabelNo LabelNo Label
1.641.33

Scheme Info

PlanPlanLock inLock inExit LoadExit Load
Growth0 yrs0.00%
Nil
SIP Inv.SIP Inv.Min. LumpsumMin. Lumpsum
Allowed₹ 5,000
Initial: ₹ 5,000 Incremental: ₹ 500
BenchmarkBenchmark
CRISIL Hybrid 35+65 - Aggressive Index

About Solution Oriented - Children's Fund

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.

Peers & Comparison

Comparing 3 mutual funds from 
OtherSolution Oriented - Children's Fund
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Mutual Fund1Y Returns1Y Returns3Y CAGR3Y CAGRLife CAGRLife CAGR
LIC MF Children’s Fund21.53%14.90%11.48%
SBI Magnum Children's Benefit Fund-Investment Plan42.47%26.47%42.86%
ICICI Pru Child Care Fund-Gift Plan23.34%18.11%14.71%
Aditya Birla SL Bal Bhavishya Yojna19.51%15.30%13.84%

Price Comparison

Compare LIC MF Children’s Fund with any MF, ETF, stock or index
Compare LIC MF Children’s Fund with any MF, ETF, stock or index
LIC MF Children’s Fund
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Asset Allocation

Actual

Target

Mar 2024

Jun 2024

Sep 2024

Nov 2024

ACTUAL
Cash & EquivalentsGovernment SecuritiesEquity2.77%9.47%87.76%

Mar 2024

Jun 2024

Sep 2024

Nov 2024

Tickertape Separator

Sector Distribution

+24 moreConstruction & EngineeringIndustrial MachineryIT Services & ConsultingG-SecPrivate Banks58.10 %6.76 %6.83 %9.09 %9.47 %9.74 %

Mar 2024

Jun 2024

Sep 2024

Nov 2024

Tickertape Separator

Sector Weightage

Sep 23Dec 23Mar 24Jun 24Sep 24Nov 2419.83%20.02%18.35%17.26%10.67%9.74%
Private Banks as a % of total holdings for last six quarters
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Current Holdings

Equity

Debt

Others

  • Constituent
    Holding Weight
    3M Change
  • HDFC Bank Ltd
    HDFCBANK
    3M change : -2.33 %

    Holdings

    5.73 %

    -2.33 %
  • State Bank of India
    SBIN
    3M change : 1.40 %

    Holdings

    4.29 %

    1.40 %
  • ICICI Bank Ltd
    ICICIBANK
    3M change : 1.87 %

    Holdings

    4.01 %

    1.87 %

AMC Profile

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

    ₹ 30,497.25 Cr.

Fund Manager Profile

Nikhil Rungta

AUM:  ₹3,154.51 Cr.

Sum of AUMs of all funds managed by the fund manager

 | 

Exp: 12yrs

Pratik Shroff

AUM:  ₹3,595.66 Cr.

Sum of AUMs of all funds managed by the fund manager

 | 

Exp: 16yrs

Manager Performance (0)

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Tax Implications

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%

Let’s calculate your returns after tax

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One Time

Monthly Investment Amt. (₹)

Investment period (years)

CAGR (%)
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Annual Income
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