Fund Name: HDFC Children’s Gift Fund – Investment (G)
CRISIL Rank: NA
Category: Hybrid – Equity
Expense Ratio: 2.60%
Risk Level: Average
Benchmark: Crisil Balanced
Objective: The primary objective of the Scheme is to generate long term capital appreciation. However, there can be no assurance that the investment objective of the Scheme / Plans will be achieved.
HDFC Children’s gift fund (G) has made its inception in the year 2001. Since inception, it has given returns of 16.66% annualized. It has managed to beat the benchmark index comprehensively in the 1, 3 and 5 year returns category.
Top 5 holdings of the fund include Sun Pharma, Infosys, Motherson Sumi, Astral poly technik and Persistent systems. It invests more than 72% of the amount into equities and 28% into debt. The fund has been delivering returns on a consistent basis.