InvestorQ : How is HDFC Children Gift Fund for the future of my kids?
Siya Saran made post

How is HDFC Children Gift Fund for the future of my kids?

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Nikita Damle answered.
2 weeks ago
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HDFC Children’s Gift Fund is an open-ended fund that falls in the solution-oriented category of mutual fund schemes. This scheme follows a hybrid approach of investing, that is, it will invest 65-80% of the total corpus in equity & equity-related instruments and the rest in debt & money market instruments. The scheme aims to generate returns over a long period of time keeping the risk under control. However, there will be a lock-in period of at least 5 years or till the child attains the age of majority (whichever is earlier). The risk grade of this scheme is “Very High”.

Schemes
AUM (RsCr)
CAGR Returns (%)
5 Year7 Year10 Year
HDFC Children's Gift Fund(G)4,66714.613.214.4
AUM as of May 31, 2021, Return as on Jul 7, 2021

HDFC Children’s Gift Fund is an open-ended fund that falls in the solution-oriented category of mutual fund schemes. This scheme follows a hybrid approach of investing, that is, it will invest 65-80% of the total corpus in equity & equity-related instruments and the rest in debt & money market instruments. The scheme aims to generate returns over a long period of time keeping the risk under control. However, there will be a lock-in period of at least 5 years or till the child attains the age of majority (whichever is earlier). The risk grade of this scheme is “Very High”.
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