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LIC MF Childrens Gift Fund

Medium
Risk
Solution Oriented
Children Fund
+
12.46
%
12.46
%
3Y annualised
+
0.20
%
0.20
%
1 Day returns
Fund size
15
NAV:
Feb 23, 2024
29.7352
Sector
Tech
Type
Solution_oriented
Launched
Nov 2001
Min Investment
5000
Expense Ratio
2
Risk
Medium

Portfolio allocation

Top 10 Holdings
% Value
7.38% Govt Stock 2027
10.04
%
ICICI Bank Ltd
6.74
%
HDFC Bank Ltd
6.09
%
Infosys Ltd
4.41
%
Reliance Industries Ltd
3.87
%
Larsen & Toubro Ltd
2.98
%
Axis Bank Ltd
2.91
%
State Bank of India
2.58
%
Elecon Engineering Co Ltd
2.52
%
Trent Ltd
2.38
%

Expense ratio, exit load and tax

Expense Ratio:

2

%

Inclusive of GST

Exit load

No exit loads

Tax implication

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Fund house & investment objective

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LIC MF Childrens Gift Fund
More details

Investment objective

The primary investment objective of the scheme is to seek to generate capital appreciation & provide longterm growth opportunities by investing in a portfolio constituted of equity securities & equity related securities and the secondary objective is to generate consistent returns by investing in debt and money market securities. However there can be no assurance that the investment objective of the scheme will be achieved.
Scheme Information Document
Mutual Fund investments are subject to market risks. Read all scheme-related documents carefully. Past performance is not an indicator of future returns.
Calculate returns
One-time
Monthly SIP
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* Returns are calculated as per lifetime average per annum returns of the fund.
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