| Category: Childrens Fund |
| Launch Date: 12-07-1993 |
| Asset Class: Mixed Asset |
| Benchmark: CRISIL Short Term Debt Hybrid 60+40 Fund |
| Expense Ratio: 1.78% As on (31-03-2022) |
| Status: Open Ended Schemes |
| Minimum Investment: 1000.0 |
| Minimum Topup: 1000.0 |
| Total Assets: 4,177.17 Cr As on (31-03-2022) |
| Turn over: 34% | Exit Load: Nil |
29.005
-0.01 (-0.0183%)
8.08%
S&P BSE India Bond Index 8.86%
PERFORMANCE
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
Investment Objective
An open-ended debt oriented fund with investment in Debt/G-Sec of minimum 60% and a maximum of 40% in Equity. Investment can be made in the name of the children upto age of 15 years so as to provide them, after they attain the age of 18 years, a means to receive scholarship to meet the cost of higher education and/or to help them in setting up a profession, practice or business or enabling them to set up a home or finance the cost of other social obligation.
Current Asset Allocation (%)
Indicators
| Volatility | 5.95 |
| Sharp Ratio | 1.66 |
| Alpha | 1.21 |
| Beta | 1.01 |
| Yield to Maturity | 5.93 |
| Average Maturity | 4.72 |
PEER COMPARISON
| Scheme Name | Inception Date |
1 Year Return(%) |
2 Year Return(%) |
3 Year Return(%) |
5 Year Return(%) |
10 Year Return(%) |
|---|---|---|---|---|---|---|
| UTI CCF Saving Plan - Regular Plan | 12-07-1993 | 7.19 | 16.71 | 8.89 | 6.32 | 10.28 |
| SBI Magnum Childrens Benefit Fund - Investment Plan - Regular Plan - Growth | 29-09-2020 | 43.29 | - | - | - | - |
| SBI Magnum Childrens Benefit Fund - Savings Plan - REGULAR PLAN - GROWTH | 25-01-2002 | 11.58 | 17.49 | 10.92 | 9.26 | 11.88 |
| HDFC Childrens Gift Fund - Growth Plan | 05-03-2001 | 8.24 | 28.1 | 13.89 | 10.61 | 14.65 |
| ICICI Prudential Child Care Fund (Gift Plan) - Cumulative | 20-08-2001 | 7.86 | 22.44 | 9.69 | 7.86 | 12.96 |
| Tata Young Citizen -Regular Plan-Growth | 14-10-1995 | 7.51 | 30.31 | 15.14 | 8.59 | 10.74 |
| UTI CCF Investment Plan - Regular Plan - Growth Option | 17-02-2004 | 5.41 | 30.16 | 14.65 | 9.72 | 13.63 |
| Axis Childrens Gift Fund - Lock in - Growth | 05-12-2015 | 5.26 | 21.78 | 12.47 | 9.92 | - |
| Axis Childrens Gift Fund - without Lock in - Growth | 05-12-2015 | 5.26 | 21.78 | 12.47 | 9.92 | - |
| LIC MF Childrens Gift Fund-Regular Plan-Growth | 16-10-2001 | 2.46 | 17.71 | 8.96 | 4.55 | 8.7 |
Scheme Characteristics
Scheme having a lock-in for at least 5 years or till the child attains age of majority whichever is earlier.
Riskometer
PORTFOLIO
Market Cap Distribution
Small Cap
7.21%
Others
61.79%
Large Cap
22.66%
Mid Cap
8.3%
Tax Benefits of investing in this fund
Long term capital gains (LTCG) tax @20% (plus surcharge, if applicable and cess) with indexation if units held for more than 36 months
Short term capital gains (STCG) tax at the income tax slab rate applicable to the investor, if units are held for less than 36 months
Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @29.12% ( 25% + 12% surcharge + 4% Health & education cess) for Individuals and @ 34.944% ( 30% + 12% surcharge + 4% Health & education cess) for any other person **
In case of an investor being NRI, LTCG tax are chargeable @ 10% (plus surcharge, if applicable and cess) without indexation relating to units redeemed from unlisted schemes.
** The DDT is to be paid by the mutual fund
