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HDFC Children Gift Fund
The HDFC Children Gift Fund is a unique investment option designed to secure the financial future of your child. This fund was launched by HDFC Mutual Fund on 02 March 2001. The fund aims to provide a thoughtful and long-term approach to wealth creation for children and meet the specific needs of parents planning for their children's education, marriage, or other milestones.
Investing in your child's future:A wise decision & a loving choice
Nothing Is More Important Than Securing Your Child's Future
Invest ₹10k/month your child will get ₹1 Cr# Tax-Free* on Maturity
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Hdfc Life Child Insurance Plans
- HDFC Children Gift Fund
About HDFC Children Gift Fund
HDFC Children Gift Fund is an open-ended investment option with high returns that allocates 65-80% of its total assets to equities and equity-related instruments, while the remaining portion is invested in debt and money market instruments. The fund has a lock-in period of at least 5 years or until your child reaches the age of majority, whichever comes first. HDFC Children Gift Fund is designed to create a financial foundation for your children, ensuring a secure future. The scheme aims to deliver returns while managing risks effectively.
NOTE: The Personal Insurance Accident Cover under HDFC Children's Gift Fund has been discontinued.
Overview of HDFC Children Gift Fund
| Particulars | Details |
| Fund Name | HDFC Children Gift Fund |
| Fund House | HDFC Mutual Fund |
| Launched On | 02 March 2001 |
| Asset Under Management (AUM) | Rs. 7,741.55 Crores |
| Benchmark Index | NIFTY 50 Hybrid Composite Debt Index (65:35) |
| Risk Category | Very High |
| Investment Objective | To grow wealth through a mix of stocks, related investments, and a combination of debt and money market instruments. |
| Fund Options |
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| Net Asset Value (NAV) |
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| Asset Allocation |
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| Market Cap Allocation |
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| Systematic Investment Plan (SIP) | Minimum Amount: Rs. 100 |
| Lock- in | 5 years |
| Fund Manager |
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| Expense Ratio (as of 20 September 2023) |
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| Exit Load | NIL |
*Fund NAV as of 26 December 2023
Top Equity Holdings of HDFC Children Gift Fund
| Name of Holdings | % of Total Holdings |
| Top 5 Equity Holdings (66.3825%) | |
| HDFC Bank Ltd. | 6.42% |
| ICICI Bank Ltd. | 5.42% |
| Larsen & Toubro Ltd. | 3.95% |
| Reliance Industries Ltd. | 3.82% |
| Infosys Ltd. | 3.02% |
| Debt Holdings (27.42%) | |
| Government of India (GOI) | 20.16% |
| Certificate of Deposits (CD) | 1.25% |
| T-Bills | 0.00% |
| Non-Convertible Debentures (NCD) & Bonds | 6.01% |
| Pass-through Certificate (PTC) | 0.00% |
| Other Holdings (6.20%) | |
| TREPS | 4.14% |
| Reverse Repo | 1.48% |
| Net Receivables | 0.58% |
Top 10 Equity Sector Allocations of HDFC Children Gift Fund
| Sector | % of Total Holdings |
| Financial | 27.40% |
| Capital Goods | 16.10% |
| Others | 13.40% |
| Technology | 12.80% |
| Energy | 7.80% |
| Construction | 9.60% |
| Services | 6.90% |
| Consumer Staples | 6.1% |
Top Debt Sector Allocation of HDFC Children Gift Fund
| Debt Sector | % of Holdings |
| Sovereign | 59.60% |
| Financial | 20.8% |
| Others | 19.80% |
HDFC Children Gift Fund Returns
| Investment Period | Annualised Returns (Direct) | Annualised Returns (Regular) |
| 3-Year | 21.38% | 20.35% |
| 5-Year | 17.49% | 16.50% |
| 10-Year | 16.81% | 15.83% |
| Returns Since Inception (RSI) | 16.41% | 16.43% |
Invest More Get More
Invest ₹10K/Month YOU GET ₹1 Crores* For Your Child
Invest ₹8K/Month YOU GET ₹80 Lakhs* For Your Child
Invest ₹5K/Month YOU GET ₹50 Lakhs* For Your Child
Standard T&C Apply *
Documents Required to Invest in HDFC Children Gift Fund
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Proof of identity (e.g., Aadhar card, passport, PAN card, driver's license).
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Proof of address (e.g., utility bill, Aadhar card, passport).
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Passport-size photographs.
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Bank Account Details
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NRI/ OCI/ PIOs Documents
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Valid Visa
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Overseas Address Proof
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NRE/ NRO Account Details
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Valid NRI/ PIO Card
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Steps to Invest in HDFC Children Gift Fund
The steps to start investing in HDFC Children Gift Fund are mentioned below:
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Research and Understand: Familiarize yourself with HDFC Children Gift Fund by researching its objectives, past performance, and investment strategy.
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Set Financial Goals: Determine the purpose of your investment, whether it is for education, marriage, or other future needs of a child.
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Risk Assessment: Evaluate your risk tolerance to align your investment strategy with your comfort level.
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KYC Compliance: Complete the Know Your Customer (KYC) process, providing the necessary documents to comply with regulatory requirements.
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Choose the Right Plan: Select the appropriate plan within HDFC Children Gift Fund based on your investment horizon and risk appetite, considering options like growth or dividend.
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Complete Application Form: Fill out the application form with accurate details, ensuring all information is complete and correct.
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Provide Necessary Documents: Attach the required documents, such as identity proof, address proof, and bank details, along with your application.
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Make Initial Payment: Invest the initial amount required for the chosen plan through a cheque, demand draft, or online payment.
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Monitor and Review: Regularly track the fund's performance and review your investment strategy to ensure it aligns with your goals.
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Stay Informed: Stay updated on market trends, fund news, and any changes in the fund's strategy to make informed investment decisions.
Unique Triple Benefit
- Future premiums paid by insurer on parent's death
- Monthly income to fund child's education on parent's death
- Lumpsum payout to family on parent's death
Returns
- Return as of Apr 2024
- 12%-15%
- 8.2%
- 7.1%
Availability
- Availability
- Girl Child or Boy Child
- Girl child only
- Girl Child or Boy Child
- Max Entry Age
- Upto 18 years
- Upto 10 years
- No Age Limit
Flexibility
- Invested Amount can be Withdrawn after
- 5 years
- 21 years
- 15 years
- Conditions for Premature closure
- Anytime after 5years
- Extreme Compassionate Grounds
- Serious Ailments or for education
- Penalty on Premature Closure
- No Penalty after 5 years
- Returns reduced to Post Office Savings rate
- 1% reduction in interest rate
- Max deposit amount in an year
- No Limit
- 1.5 Lacs
- 1.5 Lacs
Documentation
- Documentation Required for Withdrawal
- Low
- High
- Low
View Plans
Estimate HDFC Children Gift Fund Returns
You can estimate the potential returns from your investments in HDFC Children Gift Fund, with the use of simple, hassle-free and free-of-cost Policybazaar mutual fund Calculator provided on the website.
You need to enter the following details in the Mutual Fund Calculator:
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Investment amount
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Investment tenure
The Policybazaar SIP Calculator will display the estimated future value, including the total invested amount and the accumulated returns from your investment plan.
FAQ's
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Is HDFC children's gift fund good?
Whether HDFC Children's Gift Fund is good for you depends on your individual circumstances and investment goals. HDFC Children's Gift Fund can be a good option if:-
You have a long-term investment horizon (at least 7-10 years).
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You are comfortable with moderate risk and potential market volatility.
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You want a balanced portfolio with the potential for higher returns than pure debt funds.
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What is the new name of HDFC Children Gift Fund?
There is no new name for the HDFC Children's Gift Fund. It retains its original name. There was a merger in October 2017 where the HDFC Children's Gift Fund Savings Plan merged into the HDFC Children's Gift Fund Investment Plan, resulting in the remaining entity simply being called HDFC Children's Gift Fund. -
Which children gift fund is best?
Here are 5 of the best children's gift funds in India:-
HDFC Children's Gift Fund
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ICICI Prudential Child Care
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AXIS Children's Gift Fund
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LIC MF Children's Gift Fund
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TATA Young Citizens Fund
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What is the return of HDFC CGF?
The annualised returns of HDFC Children Gift Fund are as follows:Investment Periods:
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3-Year:
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Direct: 21.38% annualized returns
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Regular: 20.35% annualized returns
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5-Year:
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Direct: 17.49% annualized returns
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Regular: 16.50% annualized returns
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10-Year:
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Direct: 16.81% annualized returns
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Regular: 15.83% annualized returns
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Returns Since Inception (RSI):
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Direct: 16.41%
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Regular: 16.43%
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†Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. The sorting is based on past 10 years’ fund performance (Fund Data Source: Value Research). For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in
*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
*Please note that the quotes shown will be from our partners
^The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
¶Long-term capital gains (LTCG) tax (12.5%) is exempted on annual premiums up to 2.5 lacs.
~Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
#The lumpsum benefit is calculated if policyholder invested ₹10000 monthly for 10 years in the fund with a policy term of 20 years. This Point To Point past performance data of last 10 years has been used to illustrate a scenario for the customers benefit. It is assumed that the past 10 years returns would have also been delivered in last 20 years. This is not guaranteed and not in anyway indicative of what the customer may actually get 20 years from now. The investment is subject to market risk and the risk is borne by the policyholder.
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Disclaimer: Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.
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